Vitop Bioenergy responds to SEHK

It said it is unaware of reasons for recent increase in trading price.

At the request of The Stock Exchange of Hong Kong Limited, the board of directors of Vitop Bioenergy Holdings Limited issued an announcement about recent increases in the trading price and volume of the shares of the company.

According to the announcement, save for the proposed acquisition of 90% of the issued share capital of Express Time Enterprises Limited, the Board is not aware of any reasons for the increase.

The Board also emphasized that the proposed acquisition may or may not proceed to completion and the shareholders of the company and the potential investors are urged to exercise caution when dealing in the securities of Vitop Bioenergy.