CPT News Release
Capital adds three brokerage firms to SE Global
Capital Alliance Group Inc CPT
Shares issued 6,158,674 Dec 6 close $0.85
Thu 7 Dec 2000 News Release
Mr. Toby Chu reports
Capital Alliance Group has added three distinguished brokerage firms to SE
Global Equities Inc.'s (SEG) expanding global network of brokers. These new
alliance brokers from Indonesia, Uruguay and Argentina further expand SEG's
presence in Asia and South America.
These new alliances expand SEG's reach into 20 stock exchanges in 18
countries spanning several continents. SEG's representatives are continuing
to meet with brokerage firms around the globe and are in various stages of
negotiations with several firms, which when finalized, will significantly
expand SEG's reach. The brokerage firms who have most recently executed
formal marketing agreements with SEG include:
PT Ciptadana Sekuritas, which will cover the Jakarta Stock Exchange in
Indonesia. Established in 1990, PT Ciptadana Sekuritas is fast emerging as
a pre-eminent brokerage and investment banking house in Indonesia. The
company's shareholders, include PT Lippo Securities and China Development
Industrial Bank (CDIB). PT Lippo Securities is part of the Lippo companies
and CDIB is Taiwan's second largest investment bank and a pre-eminent Asian
development institution. With 150 employees, Ciptadana is one of the
largest brokerage and investment banking houses in Indonesia today and is a
dominant player in many areas of the Indonesian capital market. In addition
to having a major presence in the primary and secondary equity markets, the
company's broad network of local and international business contacts
supports efficient funding for clients through the arranging, underwriting,
trading and distribution of corporate equity and debt instruments.
De Simoni & Piaggio, will cover the Montevideo Stock Exchange in Uruguay.
The activities of De Simoni & Piaggio date back over 111 years to when Don
Juan Evangelista De Simon founded the company as a brokerage house in 1889.
The business has a distinguished history and has developed through
successive generations until the present day. Don Carlos Cabral De Simon
now represents the fourth generation in the family succession. Don Carlos
Cabral De Simon served as the distinguished president of the Montevideo
Stock Exchange between 1987 to 1992 and has over 40 years experience as a
stockbroker. Throughout its existence, the firm has maintained clear
objectives of entrepreneurial efficiency and attributes its longevity to
the high level and diversity of services and products it provides to its
clients.
Maex S.A. Soc. De Bolsa (MAEX), which will cover the Buenos Aires Stock
Exchange in Argentina. MAEX has been a member of the Buenos Aires Stock
Exchange since 1992 and owns two seats at that exchange. MAEX offers
clients the ability to execute orders either through their brokers on the
floor of the Buenos Aires Stock Exchange, through other markets such as
Mercado Continuo, or through a computerized electronic transactions system
(SINAC). They also provide a complete and detailed listing of authorized
transactions, margins, commissions and fees for each operation, market
research, opinions about quoted firms, analysis of national and
international news and information on the Argentinean economy and the
capital market. MAEX also provides daily access to a database for technical
analysis of quotes, ADRs, national and international financial index, as
well as fundamental analysis of quoted firms.
Toby Chu, president and chief executive officer, states: "We are very
pleased with the progress we are making toward our goal of expanding our
alliance network. Our continued expansion in Asia and entry into South
America brings us another step closer to our goal of creating a truly
global financial community."
WARNING: The company relies upon litigation protection for
"forward-looking" statements.
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