Softbank Investment International (HK0648) Message Board

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Technology Stocks : Softbank Investment International (HK0648)

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To: ms.smartest.person who wrote (489)	10/18/2000 1:40:16 AM
From: early player	Read Replies (1) of 615

NEWS!!!!!!!!!!!!!! REPOST from RB Anyone care to speculate? I received info on a share buy back a week ago of 20% of the companies stock. Then the plan was to increase by the same amount for aquisitions. 13:41 16-OCT-2000 Softbank Corp divests 87m shares in Softbank Inv (0648-HK) Softbank Corporation reported to the Stock Exchange of Hong Kong that it has disposed of its 87.53 million shares in Softbank Investment International (Strategic) Limited 0648-HK). The rise in share price of the latter decreased to only 3.7 pct after rallying by over 10 pct this morning. ww5.e-finet.com p2442.nsk.ne.jp Softbank Corporation has bought into Cheung Wah Development Company Limited at $0.18 per share in early 2000 and the share price had risen to a high of $17.70. As such, even the corporation disposes of the shares at a discount, it may have a 200 to 300 pct-gain.

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