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Shanghai Able Digital Science&Tech Co., Ltd. Share Issue/Capital Change 2001

Jun 22, 2001

50757_rns_2001-06-22_b57070bb-8650-4bef-a6de-9a8adb974e6f.htm

Share Issue/Capital Change

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Listed Company Information

SE ASIA WOOD<1205> - Share Consolidation

Market participants are requested to note that the shares of HK$0.01 each
("Old Shares") in the capital of South East Asia Wood Industries Holdings
Limited will be consolidated into shares of HK$0.05 each ("New Shares") on
the basis of 5 into 1 subject to its shareholders' approval at the Special
General Meeting to be held on 26/6/2001. Upon the proposals becoming
effective, a temporary counter under stock code 2966 and stock short name
"SE ASIA WOOD" will be established for trading in board lots of 4,000 New
Shares each to replace the present counter (stock code 1205) for trading
in board lots of 20,000 Old Shares each effective from Wednesday,
27/6/2001.