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SIM Technology Group Limited — Regulatory Filings 2014
Jan 10, 2014
50331_rns_2014-01-10_73373aff-e215-4c32-97ae-78d51e136098.pdf
Regulatory Filings
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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
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SIM TECHNOLOGY GROUP LIMITED 晨訊科技集團有限公司 *
(Incorporated in Bermuda with limited liability)
(Stock code: 2000)
ANNOUNCEMENT:
(1) MONTHLY REVENUE; AND (2) UNUSUAL SHARE PRICE AND TRADING VOLUME MOVEMENTS
(1) MONTHLY REVENUE
This announcement is made pursuant to Rule 13.09 of the Rules Governing the Listing of the Securities on The Stock Exchange of Hong Kong Limited and Inside Information Provisions under Part XIVA of the Securities and Futures Ordinance (Cap. 571).
The board of directors (‘‘ Board ’’) of SIM Technology Group Limited (“ Company ”, together with its subsidiaries, “ Group ”) hereby announces that the unaudited monthly revenue of the Group for the month of December 2013 is approximately HK$208.3 million (November 2013: HK$129.2 million), in which the revenue from sale of residential properties is approximately HK$46 million (November 2013: Nil) and the sale of handsets and solutions, wireless modules and display modules (“ core business ”) is approximately HK$162.2 million (November 2013: HK$129.2 million). The revenue of core business of December 2013 increased by 25.6% as compared with that of last month, and decreased by 48.9% as compared with that of the same period last year (December 2012: HK$317.5 million). The unaudited revenue of the Group for the year ended 31 December 2013 is approximately HK$1,716.1 million.
The principal activities of the Group are manufacturing, design and development and sale of display modules, handsets and solutions, and wireless communication modules and property development in China.
The above information is extracted from the management accounts of the Group, which have not been reviewed or audited by the auditors of the Company. All information shall be subject to the audited and interim financial information of the Group. Investors and shareholders of the Company are advised not to rely on such information, and the directors of the Company shall not be responsible for any reliance placed thereon. Investors and shareholders of the Company should exercise caution when dealing in the shares of the Company.
(2) UNUSUAL SHARE PRICE AND TRADING VOLUME MOVEMENTS
This announcement is made at the request of The Stock Exchange of Hong Kong Limited.
The Board has noted the increase in the price and trading volume of the shares of the Company today. Having made such enquiry with respect to the Company as is reasonable in the circumstances, the Board confirms that save as disclosed above, it is not aware of any reasons for these price and volume movements or of any information which must be announced to avoid a false market in the Company’s securities or of any inside information that needs to be disclosed under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).
This announcement is made by the order of the Board. The Board collectively and individually accepts responsibility for the accuracy of this announcement.
By order of the Board SIM Technology Group Limited Wong Cho Tung Director
Hong Kong, 10 January 2014
As at the date of this announcement, the executive directors of the Company are Ms Yeung Man Ying, Mr Wong Cho Tung, Mr Zhang Jianping, Ms Tang Rongrong, Mr Chan Tat Wing, Richard and Mr Liu Hong, and the independent non-executive directors of the Company are Mr Liu Hing Hung, Mr Xie Linzhen and Mr Dong Yunting.
- For identification purposes only