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We, act for and on behalf of SANDA.
We write to inform the following:-
(1) That there is no material development in SANDA's business and affairs not previously disclosed;
(2) That there is no impending change in the major shareholders;
(3) That in the knowledge of SANDA, there is no other reasons to account for the unusual market action.
We, on behalf of SANDA, also wish to declare that none of the situations/events listed in your aforesaid letter contributed to the unusual market activities in SANDA's shares during the period in question. We, on behalf of SANDA, are not aware of any rumour or report (whether true or false) which contains information which has or likely to have, an effect on the trading of SANDA's securities.
