Founder Holdings Limited — Director's Dealing 2000

Feb 21, 2000

Listed Company Information

MULTI-ASIA INTL<0234> - Exceptional Turnover Movement The Stock Exchange has received a message from Multi-Asia International Holdings Limited which is reproduced as follows:- "This statement is made at the request of The Stock Exchange of Hong Kong Limited. We have noted the recent increase in the trading volume of the shares of the Company and wish to state that the Board are not aware of any reasons for such increase. Sino Success finance Limited, beneficially owned by Mr. Li Chi Sing ("Mr. Li") who is the Chairman of the Company, has disposed 2,800,000 shares of the Company at a price of HK$1.85 each. After the disposal, Mr. Li through his interest in Scholar Time Limited and Sino Success Fiance Limited, is interested in 18,121,887 Shares of the Company such disposal representing approximately a decrease from 8.93% to 7.74% of the issued share capital of the Company. New Century Worldwide Investment Limited, the single largest shareholder holdings about 22.47% shareholding interest in the Company pursuance to the latest disclosure made under the Securities (Disclose of Interest) Ordinance, and a Company beneficially owned by Mr. Huang Cheow Leng. Save as disclosed, we confirm that there are no negotiations or agreements relating to intended acquisitions or realisations which are discloseable under paragraph 3 of the Listing Agreement, neither is the Board aware of any matter discloseable under the general obligation imposed by paragraph 2 of the Listing Agreement, which is or may be of a price-sensitive nature. Made by the order of the board of Multi-Asia International Holdings Limited the directors of which individually and jointly accept responsibility for the accuracy of this statement. Made by order of the Board Chang Kin Man Company Secretary Hong Kong, 18 February, 2000"