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Technology Stocks : PCW - Pacific Century CyberWorks Limited

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To: ms.smartest.person who wrote (1322)	5/31/2001 1:29:38 AM
From: ms.smartest.person	Read Replies (1) of 2248

Hong Kong's PCCW Dep Chairman: Enough Funds To Buy Singapore's M1 May 30, 2001 11:32 PM SINGAPORE -(Dow Jones)- Hong Kong's Pacific Century Cyberworks Ltd. (PCW) is confident it has enough financing to bid for Singapore's MobileOne Asia Pte. Ltd., said Alexander Arena, PCCW's deputy chairman. The Hong Kong company is a part owner of Singapore's second biggest mobile phone company and has bid to own 100% of it via its Regional Wireless venture with Australia's Telstra Corp. (TLS). Financing the M1 acquisition "is not a concern for us," he told reporters in Singapore at the annual general meeting of Singapore-based Pacific Century Regional Developments Ltd. (P.PCR), PCCW's parent company. (This story was originally published by Dow Jones Newswires) Copyright (c) 2001 Dow Jones & Company, Inc. All Rights Reserved smartmoney.com

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