BRIEF-Kiu Hung International Reports Unusual Fluctuations In Share Price And Trading Volume

Reuters10-24

Oct 23 (Reuters) - Kiu Hung International Holdings Ltd

:

* UNUSUAL FLUCTUATIONS IN SHARE PRICE AND TRADING VOLUME AND CLARIFICATION OF NEWS REPORTS

* DENIES SPECULATIONS CONTAINED IN MEDIA REPORTS

* WILL REPORT TO POLICE AND INVESTIGATE CRIMINAL LIABILITY OF SUSPECTED MALICIOUS SHORT SELLING

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