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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies

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To: TokyoMex who wrote ()	3/30/2000 12:30:00 PM
From: songw	Read Replies (1) of 119973

CBA 19-1 Split CBA trading mid 2s (DOW JONES) DJN: *DJ Brilliance China Hldrs OK 19-For-1 Stk Split >CBA "March 30 /PRNewswire/ -- Brilliance China Automotive Holdings Limited (the ``Company') (NYSE: CBA - news; SEHK: 1114) announced that all of the resolutions proposed by the Board of Directors at the Company's special general meeting of shareholders (the ``SGM') held today at 10:00 a.m. were passed by a majority vote of the Company's shareholders. These resolutions empowered the Board of the Company to effect: (i) the allotment and issuance of new shares in the proportion of nineteen new shares for each share held by the Company's shareholders on the record date of April 14, 2000 and (ii) the simultaneous conversion of the Company's New York Stock Exchange-traded shares of common stock to NYSE-traded American Depositary Shares (``ADSs'). The share-to-ADS ratio will be set at 100-to-1. The Directors proposed these actions for the sole purpose of adjusting the prices of the Company's securities in its primary markets in New York and Hong Kong in order to make these securities more marketable to investors in these exchanges" biz.yahoo.com Brilliance China Automotive Holdings Limited was established to own a 51% interest in Shenyang JinBei Passenger Vehicle Manufacturing Company, Ltd. (Shenyang Automotive), a manufacturer of minibuses in the People's Republic of China. "

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