Press Release Author = The hong Kong Stock Exchange
Industry = Financial
Press Release Summary = The Board has been informed by the Hong Kong Stock Exchange that based on the information from the SFC, 13 investors held an aggregate of 89,705,500 shares, representing approximately 74.45% of the total outstanding issued share capital of the Company as of May 5th, 2007.
Press Release Body = The substantial shareholders of the Company, held 89,705,500 Shares, representing approximately 74.45% of the issued share capital of the Company, together with the shareholding interests of said 13 investors, in aggregate held the shares, representing approximately 74.45% of the issued share capital and accompanying voting rights of the Company.
On the basis of the above, only approximately 15.65% of the issued share capital of the Company is held in the hands of other non-affiliated investors.
In view of the high concentration of shareholdings held by a small number of substantial affiliates, shareholders and potential investors of the Company shall be aware that the price of the shares is subject to insider manipulation and could fluctuate substantially even with a small number of shares being traded.
ALV AG - RAZE TV Shareholders and potential investors of the Company are reminded to exercise caution when dealing the Shares.
This announcement is made at the request of the Hong Kong Stock Exchange.
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