Facing intense industry competition, the company previously conducted layoffs, following which its stock price dropped by 3.6% to HKD 4.87 on 2 July 2008 with a turnover volume of a mere 68,000 shares.

On 2 July Melco International Development Ltd (00200), the leader in the gambling industry, saw its share price drop by 5.2% to HKD 7.09 with a turnover volume of 1.24 mln shares. A-Max Holdings Ltd (00959) also saw its share price drop by 3.8% to close at HKD 0.50.

Source: www.aastocks.com

Date: 2 Jul 2008

CN01/NW/MZ/AR/MM