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Technology Stocks : PCW - Pacific Century CyberWorks Limited

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To: ms.smartest.person who wrote (987)4/5/2001 8:24:38 PM
From: ms.smartest.person  Read Replies (1) of 2248
 
KEPPEL CORPORATION'S STATEMENT ON SHAREHOLDINGS IN MOBILEONE

(The following is a reformatted version of a press release issued by Keppel Corporation and received via electronic mail. The release was confirmed by the sender.)

Singapore, April 4 -- The shareholders remain committed to maximise the value of their shareholdings in M1. We have just appointed JP Morgan to help us with this, including looking for a strategic partner for M1. This could result in the joint disposal of M1 by the shareholders.

We have earlier announced that we are focusing on our core businesses of e-services, telecoms network engineering services, telecommunications and logistics. It is too premature to discuss the divestment of M1 at this point in time.

(pch)SI

-END- -0- (CRL) Apr/04/2001 11:51 GMT 

quote.bloomberg.com
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