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Technology Stocks : Alliance Semiconductor

ALSC 0.810

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Jul 10 5:00 PM EST

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To: DJBEINO who wrote (9194)	2/22/2001 8:03:52 AM
From: DJBEINO	of 9582

FINANCIAL WATCHDOG ALLOWS ING TO INVEST IN TAIWAN Feb 21, 2001, (Het Financieele Dagblad /FT World Media Abstracts via COMTEX) -- The financial watchdog in Taiwan has agreed to the planned acquisition by Dutch financial group ING of $300m worth of Taiwanese shares. ING is interested in shares in the technology sector of the island, such as Taiwan Semiconductor Manufacturing and United Microelectronics. ING does not have an office in Taiwan and will use the services of Citicorp for the transaction. ING is not the only foreign investor that has invested in Taiwanese shares recently. In the past six months, Taiwan approved requests from the Norwegian central bank and a Singapore investment company. Copyright 2001: Financial Times Information, Dow Jones, Dialog

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