Article: The Stock Exchange Of Hong Kong Limited (A wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited) (the "Exchange").

M2 PRESSWIRE-18 February 2009-Hong Kong Exchanges and Clearing Ltd: The Stock Exchange Of Hong Kong Limited (A wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited) (the "Exchange")(C)1994-2009 M2 COMMUNICATIONS LTD

RDATE:18022009

The Listing Appeals Committee of The Stock Exchange of Hong Kong Limited (the "Listing Appeals Committee") censures the following parties for breaching the Rules Governing the Listing of Securities on the Growth Enterprise Market of The Stock Exchange of Hong Kong Limited (the "GEM Listing Rules"):

1. China Vanguard Group Limited (known as B&B Group Holdings Limited at the material time) (the "Company") ...

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