HAO WEN HLDGS (08019.HK) +0.012 (9.449%) made an announcement at the request of the Stock Exchange that the company has noted the recent increases in the price and trading volume of the shares. Having made such enquiry with respect to the Company as is reasonable in the circumstances, save as the proposed alternation of terms of the outstanding balance of convertible bonds, the company is not aware of any reasons for these price and volume movements.
The Company is in the negotiation of alternation of terms of the outstanding balance of convertible bonds with the bondholders.The Board will update the shareholders of the Company and the public if and when required .
HAO WEN HLDGS closed up 31.25% to $0.021 on volume of 53.605 million shares.
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