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Technology Stocks : Softbank Investment International (HK0648)

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To: ms.smartest.person who wrote (543)1/29/2001 11:05:04 PM
From: ms.smartest.person   of 615
 
<More of the Same> Softbank Trading Suspended on Possible Transaction

quamnet.com

Jan 30, 2001 - 10:04:06 HKT
Quamnet News Service

Softbank Investment International (Strategic) Ltd. (0648), the international investment arm of Japan's Softbank Corp., has asked trading in its shares be suspended pending an announcement regarding a possible major transaction.

The company has shifted its focus to the development of Internet applications and logistics businesses, having acquired a "sufficient" amount of Chinese dotcoms, said earlier Junichi Goto, its president.

The shares closed on Monday at HK$1.16, up 5.5 percent
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