Hong Kong, October 9, 2001 - Dealing in the shares of Kamboat Group Company Limited (SEHK : 318) commenced on the main board of The Stock Exchange of Hong Kong today with a total turnover of approximately HK$53.8 million for 102.06 million shares. On the first trading day, Kamboat Group's shares scored a highest price of HK$0.56 and a closing price of HK$0.54 per share, an increase of 8% from the issue price of HK$0.50.

An established gourmet brand in Chinese cuisine, bakery and food products, Kamboat Group at present operates 6 Chinese restaurants and 24 bakery outlets with 3 production facilities in Hong Kong.

In the year ended April 30, 2001, Kamboat Group registered a net profit from ordinary activities attributable to shareholders of HK$32,425,000, on a turnover of HK$308,929,000. The Company recently placed and issued a total of 115 million new shares to institutional, professional and public investors.

Issued by :
Kamboat Group Company Limited

Through :
t6.communications limited
Jenny Lee or Angus Ho
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