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Strategies & Market Trends : Asian Star Development (ASTV) Entertainment/sports/gaming

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To: CIMA who wrote (180)3/23/2000 7:24:00 AM
From: john  Read Replies (2) of 243
 
SIGNIFICANT MAJOR SHAREHOLDER - NEW WORLD DEVELOPMENT CO. LTD.
New World Development Co. Ltd. (?New World?), a company with a US$6.5 billion market capitalization that is also a constituent stock of the Hang Seng Index (Hong Kong Stock Exchange), through its subsidiary, is one of ASTV?s largest shareholders.

Asian Star?s close ties with New World provide ASTV with invaluable financial and business credibility in its new and on-going business ventures in Hong Kong and China


More of nuff said, anyone ever heard of Husky Oil in Calgary, well it is my understanding that New World backers own 100% of Husky Oil which incidently is a privately held corporation.

regards

j
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