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Strategies & Market Trends : Greater China Junior Stocks

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To: Julius Wong who started this subject10/10/2003 7:25:15 AM
From: Julius Wong  Read Replies (1) of 1992
 
Hartcourt Declares Dividend for Second Consecutive Year
Thursday October 9, 6:22 pm ET

LOS ANGELES, Oct. 9 /PRNewswire-FirstCall/ -- The Hartcourt Companies, Inc. (OTC Bulletin Board: HRCT, Frankfurt: 900009), www.hartcourt.com , announced today that it will distribute 15.1 Million shares of Financial Telecom Limited (USA) Inc. (FTL) to all Hartcourt shareholders of record as of October 17th, 2003. FTL, a wholly-owned subsidiary of Hartcourt, operates a financial data service in Hong Kong. Hartcourt anticipates the dividend distribution to take place in mid January 2004 assuming certain conditions are satisfied, including the listing of FTL stock on the OTC Bulletin Board exchange in the United States.

biz.yahoo.com
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