Comtec Solar Systems (HKG:0712) said that it noted the recent increase in the price and trading volume of its shares but it was not aware of any reasons for such movements.

The company's board confirms that, save for certain discussion with an investor regarding a potential repurchase of convertible bonds and issue of warrants, which may or may not materialize, there are no negotiations or agreements relating to intended acquisitions or realizations which are discloseable.