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Technology Stocks : Softbank Investment International (HK0648)

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To: Maika who wrote (562)2/5/2001 11:18:27 PM
From: ms.smartest.person  Read Replies (1) of 615
 
e2-Capital & Softbank Finance to set up 2 funds

2001-02-01 14:30

(Infocast News) e2-Capital (0378) Chief Executive Officer S. J. Wong stated that in the coming future the company will join Softbank Finance(?) to make investments and to set up 2 investment funds for investing into listed companies and into both listed companies and private organisations respectively. However, e2-Capital has no plan to inject capital into those two funds.

He claimed that the joint venture, namely SBI e2-Capital Limited, has a staff of 100 and 4 brokerage trading rights.

Wong also said that the spin-off of the joint venture for listing will be carried out in an appropriate time.

He noted that more new shareholders are being sought after for participation in the joint venture.



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