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We would announce for public information that JCG Holdings Limited ("JCGH"), a 61.38% owned subsidiary of Public Bank, and which is listed on the Hong Kong Stock Exchange ("HKSE"), has requested for suspension of the trading of its shares on HKSE pending an announcement in relation to a proposal to privatise the company.
Following the request, trading in JCGH shares on the HKSE has been suspended with effect from 2.30 pm today, 21 July 2003.
We will announce JCGH's proposal on its privatisation upon the announcement been made by JCGH to the HKSE.