Ananda Wing On exceeds deal

Ananda Wing On Travel has broken an agreement with the stock exchange in which it was granted a waiver from strict compliance with the rules governing securities listing. Chan Yeuk-wai and Chan Yeuk-pun were granted permission by the exchange to purchase travel-related services and air tickets from the company not exceeding $4 million per annum. By the year to March 31, the cap had been exceeded by $1.2 million and the exchange said it reserved the right to take appropriate action.