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We refer to your query dated 10 February 2000 regarding above and confirm on behalf of the Directors of the Company that there are:
- No material development in our Company's business and affairs not previously disclosed.
- There is no impending change in the major shareholders.
- To our knowledge, there is no other reason to account for the unusual market action.
We also declare that none of the situations/events listed in your query contributed to the unusual market action activities in our company's shares during the period in question upon due inquiry.