PegBio Co., Ltd. — Regulatory Filings 2004

Oct 12, 2004

Listed Company Information

Listed Company Information
XIN CORP<01141> - Unusual price & volume movements The Stock Exchange has received a message from Xin Corporation Limited which is reproduced as follows:- "This statement is made at the request of The Stock Exchange of Hong Kong Limited (the "Stock Exchange"). We have noted the recent increases in the price and trading volume of the shares of the Company and wish to state that we are not aware of any reasons for such increases save as disclosed the announcement on 6th October, 2004. We also refer to the statement made in the recent newspaper articles published on 12th October, 2004 speculating that the Controlling Shareholder of the Company may inject a Macau hotel together with certain gaming business into the Company and wish to clarify that there are no negotiations or agreements relating to the purported transaction but that preliminary conceptual studies relating to the feasibility of such a transaction is being carried out by the Company. The Company wishes to further clarify that such preliminary studies may or may not lead to a transaction. In the event that a transaction materialises, the Company will make appropriate announcements as required by the Rules Governing the Listing of Securities on the Stock Exchange. Save as the above, we also confirm that there are no negotiations or agreements relating to intended acquisitions or realisations which are discloseable under Rule 13.23, neither is the Board aware of any matter discloseable under general obligation imposed by Rule 13.09, which is or may be of a price-sensitive nature. This statedment is made by the order of the Board, the directors of which individually and jointly accept responsibility for the accuracy of this statement. By order of the Board Xin Corporation Limited Yu Wai Man Director As at the date of this statement, the Board comprises Messrs. Lo Ming Chi, Charles, Yu Wai Man, Wilson Ng, Ng Wee Keat, Ng Teow Leng and Ng Eng Leng as executive directors and Messrs. Wong Kwok Tai, Lau Pok Lam and Ko Kwong Woon, Ivan as independent non-executive directors. 12th October, 2004"