March 1 (Reuters) - Kingkey Financial International Holdings Ltd :
* APPLICATION WILL BE MADE FOR RESUMPTION OF TRADING FROM 4 MAR
* RECEIVED STATUTORY DEMAND FOR HK$1 MILLION ARISEN OUT OF BOND SUBSCRIPTION AGREEMENT
* OPTIMISTIC THAT RESTRUCTURING WILL BE SUCCESSFUL
* NOTED THERE WAS UNUSUAL PRICE AND TRADING VOLUME MOVEMENT ON 1 FEB AND 2 FEB
* EXECUTIVE DIRECTOR ADMITTED THERE WAS FORCED SALE AND DISPOSAL OF SHARES ON TWO DAYS
* IN COURSE OF SEEKING LEGAL ADVICE IN RESPECT OF STATUTORY DEMANDS
* UNIT RECEIVED STATUTORY DEMAND FOR HK$1.1 MILLION
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