Da Sen Holdings Group Limited — M&A Activity 2000

Jan 31, 2000

Listed Company Information

ASIA TELE-NET<0679> - Announcement The Stock Exchange of Hong Kong Limited takes no responsibility for the contents of this announcement, makes no representation as to its accuracy or completeness and expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. Asia Tele-Net and Technology Corporation Limited (formerly known as Process Automation (Holdings) Limited) (incorporated in Bermuda with limited liability) COMPLETION OF ACQUISITION OF 10% INTEREST IN SKY-E.COM Acquisition of 10% interest in Sky-e.com was completed on 28 January 2000. Unless otherwise stated, terms used in this announcement shall have the same meanings as those defined in the circular of the Company regarding the acquisition of 10% interest in Sky-e.com dated 21 January 2000. The Directors are pleased to announce that all conditions precedent to the completion of the Agreement regarding the acquisition of 10% interest in Sky-e.com by the Group have been satisfied and that the Agreement was completed on 28 January 2000. By order of the Board Asia Tele-Net and Technology Corporation Limited Kwok Hing Lam Deputy Chairman & Managing Director Hong Kong, 28 January 2000