China Motion Telecom relevant dealing proportion exceeds exemption up limit

China Motion Telecom International (0989) claimed that in light of the annual non-audited financial report to March 31, the turnover of Shenzhen Motion Telecom accounted for 23.2% of the total amount of the group. While after the audit, it was revealed that the rate should be 24%, 1% higher than the rate of 23% in the exemption rules. As the company did not comply with the listing rules completely, the Exchange retained the rights of taking further action and China Motion Telecom International would take proper measures so as to keep the relevant dealings turnover within the exemption limit.

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