Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
(Incorporated in Hong Kong with limited liability)
(Stock Code: 36) UNUSUAL SHARE PRICE AND TRADING VOLUME MOVEMENTS
This announcement is made at the request of The Stock Exchange of Hong Kong Limited (the
"Stock Exchange").
The board of directors (the "Board") of Far East Holdings International Limited (the "Company") has noted the increase in the price and the trading volume of the shares of the Company today. The Board, after having made such enquiry as is considered necessary in the circumstances, confirms that save as disclosed below, the Board is not aware of any reasons for these price and trading volume movements or of any information which must be announced to avoid a false market in the Company's securities or of any inside information that needs to be disclosed under Part XIVA of the Securities and Futures Ordinance.
Reference is made to the announcement of the Company dated 4 June 2015 in relation to the placing agreement entered into between the Company and the placing agent, pursuant to which the Company has conditionally appointed the placing agent to procure, on a best effort basis, as placing agent of the Company, independent placees to subscribe for a maximum of
181,200,000 placing shares at a price of HK$1.38 per placing share.
This announcement is made by the order of the Board. The Board collectively and individually accepts responsibility for the accuracy of this announcement.
By order of the Board
Far East Holdings International Limited Yu Pak Yan, PeterExecutive Director
Hong Kong, 8 June 2015
As at the date of this announcement, the Board comprises six Directors, of which three are executive Directors, namely, Mr. Derek Chiu, Mr. Yu Pak Yan, Peter and Mr. Fok Chi Tak; and three are independent non-executive Directors, namely, Mr. Chan Ming Sun, Jonathan, Dr. Wong Yun Kuen and Ms. Kwan Shan.
