10:32     ZIDA TECH<00859> - Announcement & Resumption (8)                    

    market, Mr. Ian Ng joined force with his father, Mr. Henry Ng,            
    and founded Just Gold Company Limited and became its President            
    in 1992. In 1994, Mr. Ian Ng diversified the business of Just             
    Gold Company Limited and launched a new brand name known as "Just         
    Diamond" which focuses on diamond jewelry. Mr. Ian Ng was honored         
    one of the Ten Outstanding Young Persons in 1997 for his personal         
    achievement in the jewelry industry. Mr. Ian Ng is currently              
    a voting member of Diamond Federation of Hong Kong, a voting              
    member of Diamond Importer Association, a Friends Committee               
    Member of Hong Kong Design Centre, a member of Ten Outstanding            
    Young Persons Association.                                                
                                                                              
    Mr. Chan Kwai Ping Albert, aged 47, has been engaged in the legal         
    field for over 20 years and is a legal executive of Cheung Tong           
    & Rosa, Solicitors in Hong Kong. Mr. Chan holds a Higher                  
    Certificate in Legal Executives Studies from The Hong Kong                
    Polytechnic University (formerly known as Hong Kong Polytechnic)          
    and a Diploma in Chinese Professional Laws from Chinese                   
    University of Political Science and Law in the PRC. Mr. Chan              
    has extensive experience in real estate development and                   
    investments in Hong Kong and Macau Special Administrative Region          
    of the PRC.                                                               
                                                                              
    MAINTAINING THE LISTING STATUS OF THE COMPANY                             
                                                                              
    The Offeror intends to maintain the listing of the Shares on              
    the Stock Exchange. The Company and the new Directors to be               
    nominated by the Offeror will undertake to the Stock Exchange             
    to take appropriate steps as soon as possible following the close         
    of the Offers to ensure that not less than 25% of the Shares              
    will be held by the public.                                               
                                                                              
    The Stock Exchange has stated that if, upon the close of the              
    Offers, less than 25% of the Shares are held by the public or             
    if the Stock Exchange believes that (i) a false market exists             
    or may exist in the trading of the Shares; or (ii) there are              
    insufficient Shares in public hands to maintain an orderly market,        
    then it will consider exercising its discretion to suspend                
    trading in the Shares until a level of sufficient public float            
    is attained.                                                              
                                                                              
    So long as the Company remains a listed company, the Stock                
    Exchange will also closely monitor all future acquisitions or             
    disposals of assets of the Company. Any acquisitions or disposals         
    of assets by the Group will be subject to the provisions of the           
    Listing Rules. Pursuant to the Listing Rules, the Stock Exchange          
    has the discretion to require the Company to issue an                     
    announcement and a circular to the Shareholders irrespective              
    of the size of any proposed transactions, particularly when such          
    proposed transactions represent a departure from the principal            
    activities of the Company. The Stock Exchange also has the power          
    to aggregate a series of acquisitions or disposals of the Company         
    and any such transactions may result in the Company being treated         
    as if it were a new listing applicant and subject to the                  
    requirements for new listing applicants as set out in the Listing         
    Rules.                                                                    
                                                                              
    GENERAL                                                                   
                                                                              
    Partners Capital has been appointed as the financial adviser              
    to the Offeror in respect of the Offers. UOB Asia (Hong Kong)             
    Limited has been appointed as the financial adviser to the                
    Company in respect of the Offers.                                         
                                                                              
    Pursuant to Rule 8.2 of the Takeovers Code, the offer document            
    containing, amongst other things, the terms of the Offers,                
    together with forms of acceptance and transfer to the                     
    Shareholders as well as to the Optionholders should normally              
    be posted by or on behalf of the Offeror within 21 days of the            
    date of the