|30 March 2006
Mr. Edward Lai Shi Long
CDW Holding Limited
Units 1617 to 1621, 16th Floor
Tower II Grand Central Plaza
138 Sha Tin Rural Committee Road
Shatin, New Territories
QUERY REGARDING TRADING ACTIVITY
We have noted, and draw your attention to, a substantial
increase in the trading volume of your shares today.
To ensure a fair and orderly market, please answer each
of the following:
Are you aware of any information not previously
announced concerning you (the issuer), your subsidiaries
or associated companies which, if known, might explain
- If yes, the information must be announced immediately.
Are you aware of any other possible explanation
for the trading?
Can you confirm your compliance with the
listing rules and, in particular, listing rule 703?
Please respond immediately via SGXNET. Where appropriate,
you may want to request a trading halt or a suspension
of trading. Please contact Market Control (or, if you
need to discuss the matter, your Account Manager in
Issuer Regulation) immediately. Thank you for your cooperation.
We have released this letter via SGXNET.
1. Subject to limited exceptions in rule 703, an issuer
must announce any information known to the issuer concerning
it or any of its subsidiaries or associated companies
which is necessary to avoid the establishment of a false
market in the issuer's securities, or would be likely
to materially affect the price or value of its securities
must be publicly disclosed (rule 703).
2. An issuer must undertake a review to determine the
causes of any unusual trading activity (paragraph 20
of Appendix 7.1).
3. An announcement should, among other things, state
whether the issuer or any of its directors are aware
of the reasons for the unusual trading activity and
whether there is any material information which has
not been publicly disclosed (paragraph 31 of Appendix
4. Your responsibility under listing rules is not confined
to, or necessarily satisfied by, answering the questions
in this letter.