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Technology Stocks : PCW - Pacific Century CyberWorks Limited

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To: ms.smartest.person who wrote (1847)	8/17/2001 10:21:05 PM
From: ms.smartest.person	Read Replies (1) of 2248

PCCW not aware of CT's intention to boost stake 2001-08-17 11:26 (Infocast News) PCCW (0008) announced at the request of the Stock Exchange of Hong Kong that it had noted the recent increase in the price and trading volume of the shares of the company and stated that it was not aware of any reasons for such increases. The company referred to yesterday's market rumors and said that it was not aware of any intention on the part of China Telecom (Hong Kong) Group to increase its shareholding in the company. The company also confirmed that there were no other negotiations or agreements relating to intended acquisitions or realisations which were discloseable under paragraph 3 of the listing agreement. infocastfn.com

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