Brief: AV Promotions Holdings Clarifies On Certain News Article
07/08/2018 15:36
Aug 7 (Reuters) - AV Promotions Holdings Ltd 8419.HK :
* NOTED CERTAIN NEWS ARTICLE PUBLISHED IN LOCAL NEWSPAPER
* ARTICLE STATES THAT RECENT FALL IN PRICE OF CO'S SHARES
DUE TO
FORCED LIQUIDATION OF SOME MARGIN ACCOUNTS
* IS NOT AWARE OF REASON OF PRICE DECREASE AND SIGNIFICANT
INCREASE IN TRADING VOLUME OF SHARES
* CONFIRMS CONTROLLING SHAREHOLDER HAS NOT DISPOSED, PLEDGED
OR
CHARGED ANY SHARES IN COMPANY
Source text for Eikon: ID:nHKS8S8bFD
Further company coverage: 8419.HK
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