09:24     MEDTECH GROUP<01031> - Announcement (1)                             

    The Stock Exchange of Hong Kong Limited takes no                          
    responsibility for the contents of this announcement,                     
    makes no representation as to its accuracy or                             
    completeness and expressly disclaims any liability                        
    whatsoever for any loss howsoever arising from or in                      
    reliance upon the whole or any part of the contents                       
    of this announcement.                                                     
                                                                              
    MEDTECH GROUP COMPANY LIMITED                                             
    (Incorporated in Bermuda with limited liability)                          
    (Stock Code: 1031)                                                        
                                                                              
    (1) RESULTS OF THE SPECIAL GENERAL MEETING REGARDING                      
    VERY SUBSTANTIAL ACQUISITION                                              
    - ACQUISITION OF GRANDVIEW HOTEL;                                         
    AGREEMENT WITH MRS. CHU;                                                  
    AGREEMENT BETWEEN FUTUREMIND AND SJM; AND                                 
    GRANT OF UNLISTED WARRANTS; AND                                           
    (2) FURTHER POSTPONEMENT OF DESPATCH OF CIRCULAR                          
    REGARDING                                                                 
    VERY SUBSTANTIAL ACQUISITION                                              
    - PROPOSED ACQUISITION OF THE ENTIRE INTEREST IN                          
    HANG HUO HOTEL COMPANY LIMITED;                                           
    VERY SUBSTANTIAL DISPOSAL                                                 
    - PROPOSED DISPOSAL OF INTEREST IN AN ASSOCIATED                          
    COMPANY                                                                   
                                                                              
    RESULTS OF THE FIRST SGM                                                  
                                                                              
    The Directors are pleased to announce that the                            
    Resolutions set out in the notice of the First SGM                        
    contained in the Grandview Hotel Circular, which were                     
    voted by poll, were duly passed by the Independent                        
    Shareholders at the First SGM held today.                                 
                                                                              
    FURTHER POSTPONEMENT OF DESPATCH OF CIRCULAR                              
                                                                              
    The Company announces that as the audit on the subject                    
    assets under the Hang Huo Hotel Acquisition, where                        
    such assets are located in Macau, is expected to be                       
    completed in mid March 2005 and additional time is                        
    required to prepare, amongst other things, the pro                        
    forma financial information on the enlarged Group to                      
    be set out in the Hang Huo Hotel Circular, the despatch                   
    of the Hang Huo Hotel Circular to the Shareholders                        
    will be further postponed, and the Company has applied                    
    to the Stock Exchange for a waiver from the strict                        
    compliance with Rule 14.38 of the Listing Rules by                        
    extending the despatch date of the Hang Huo Hotel                         
    Circular to a date falling on or before 31 March 2005.                    
                                                                              
    Reference is made to the Company's announcement dated                     
    14 December 2004 (the "Announcement") and the                             
    Company's circular dated 22 February 2005 (the                            
    "Grandview Hotel Circular") in relation to (i) the                        
    acquisition of Gandview Hotel (the "Grandview Hotel                       
    Acquisition"); (ii) the Agreement with Mrs. Chu; (iii)                    
    the Agreement Between Futuremind and SJM; and (iv)                        
    the grant of the Warrants to Sure Expert. Terms used                      
    herein shall have the same meanings as those defined                      
    in the Announcement and the Grandview Hotel Circular                      
    unless the context requires otherwise.                                    
                                                                              
    (1)     RESULTS OF THE FIRST SGM REGARDING THE GRANDVIEW                  
    HOTEL ACQUISITION; AGREEMENT WITH MRS. CHU; AGREEMENT                     
    BETWEEN FUTUREMIND AND SJM; AND GRANT OF UNLISTED                         
    WARRANTS                                                                  
                                                                              
    The Directors are pleased to announce that all the                        
    ordinary resolutions as regards (i) the Grandview                         
    Hotel Acquisition and the allotment and issue of