Burwill Holdings Reports on Insude Information
OREANDA-NEWS. November 19, 2013. This announcement is made by Burwill Holdings Limited (the “Company”) pursuant to Rule 13.09 of The Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “Listing Rules”) and the Inside Information Provisions (as defined under the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Cap. 571 of the Laws of Hong Kong).
The Company has been aware of the recent increases in the price and trading volume of the shares of the Company. Recently, the Company is preliminarily discussing with certain independent third parties for possible acquisitions or conversion of the Company’s shares (the “Discussion”). The Discussion aims to explore cooperation opportunities for the Company on other businesses.
At the moment, it is uncertain that the Discussion may or may not result in transaction to be classified as discloseable under the Listing Rules. The Company confirmed that save for the Discussion, the Directors are not aware of any reasons for such fluctuation in price or trading volume of the Company 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.
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