HANWAH Holding directors Mr Yiu Kin-wai and Mr Tony W.K. Yuen have apologised for their attempt to clarify a Hongkong Stock Exchange public censure of their behaviour. The row between the exchange and the directors broke out yesterday after the exchange issued a censure notice on Sunday saying it had found the directors had breached listing rules and the listing agreement. In the censure notice, it is alleged the directors had a controlling interest in Hanwah shares held by three British Virgin Island companies that were deemed by the exchange to be in public hands at the time of listing in November 1991. Mr Yiu and Mr Yuen issued their own separate statement of clarification, not vetted by the exchange, stating their strong opposition and disagreement with the public censure and out come of the exchange investigation into their shareholdings. After considerable negotiation yesterday, Mr Yiu and Mr Yuen, who is the chairman and managing director at Hanwah, issued an apology to the exchange. ''It [their statement] claimed to be a statement of clarification, but Mr Yiu and Mr Yuen accept that it did not contain a complete statement of facts and did not reflect the reasons of the listing committee for its decision.'' The statement from Mr Yiu and Mr Yuen said the directors unreservedly apologised to the exchange for their conduct and the directors unreservedly withdrew the contents of their statement. Yesterday's new statement said the directors accepted the listing division and listing committee investigation and hearings ''were scrupulously fair and in accordance with prescribed procedures, and that they were given ample opportunity to argue the case in their defence both by means of written and oral submissions''. Their joint statement of Sunday night failed to point out that the listing committee rejected the directors' version of a number of relevant events. ''Mr Yiu and Mr Yuen accept that the stock exchange acted in good faith in the belief that the public censure announcement would be the sole announcement to appear in relation to this matter,'' said last night's statement. The original public censure announcement said the rule breaches concerned rule 8.08 of the rules governing the listing of securities of the stock exchange, and paragraph two of the listing agreement. The three British Virgin Islands companies were linked to three former employees of Hanwah, an original equipment manufacturer of televisions, television kits and audio products.