A FLURRY of statements over the past two weeks by companies claiming not to know why there have been increases in the price and volume of their stocks peaked yesterday when nine statements were made at the request of the stock exchange. The list included Magnificent Estates, Lolliman Holdings, Cheung Wah Development, Holian Investments, Kader Investment, Crownhampton International, Linkful International Holdings, Yanion International Holdings and Tung Wing Steel Holdings. Since June 1: Lolliman has climbed 214.7 per cent or $1.31 to $1.92. Magnificent is up 22.2 per cent or 10 cents to 55 cents. A large chunk of the increase took place yesterday when the shares rose 8.5 cents on a heavy turnover of $111.2 million. Cheung Wah has jumped 43 per cent or 37 cents to $1.23. The stock rose 24 cents or 24.2 per cent yesterday. Holian, which was suspended from trading from March 13 to June 14, has gained 109 per cent or 36 cents to 69 cents. Kader has risen 91.3 per cent or $11.60 to $24.60. Crownhampton, has jumped 117.3 per cent or 88 cents to $1.63 in heavy trading. Linkful has edged up 14.6 per cent or 25 cents to $1.96. Yanion has risen 46.9 per cent or 31 cents to 97 cents. Tung Wing Steel has risen five cents to $7.50. During the past three weeks, however, it fell from $9.45 to $5.35 before rebounding.
