CHINA PROSPERITY INTL HLDG ADS (CPIH) Message Board

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Non-Tech : CHINA PROSPERITY INTL HLDG ADS (CPIH)

CBBC 24.15

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May 23 4:00 PM EDT

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To: Tom Hua who wrote (46)	2/13/2000 3:50:00 PM
From: RockyBalboa	Read Replies (1) of 60

One more press release: biz.yahoo.com >>>>>>>>>< China Prosperity Int'l details China cable price HONG KONG, Feb 13 (Reuters) - China Prosperity International Holdings Ltd (Australia:CHI.AX - news)(NasdaqNM:CPIH - news) said would pay about HK$80 million (A$16 million) to gain full ownership of a company with a stake in a Chinese cable television network. It said in a statement that the purchase of the remaining 50 percent equity interest in Solar Touch Ltd will be satisfied by the issuance of 24,615,385 new ordinary shares at the price of A$0.65 per share to the seller, Space View Co Ltd. <<<<<<< Note that CHI trades at A$1.48

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