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Technology Stocks : Softbank Investment International (HK0648)

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To: ms.smartest.person who wrote (610)	1/21/2004 11:57:35 PM
From: ms.smartest.person	Read Replies (1) of 615

15 Jan 2004 Softbank (0648) unit SBI E2-Cap to raise S$6.45M in IPO (Infocast News) Softbank Investment International (Strategic) (0648) (SIIS) Wong Sin Just said that SBI E2-Capital Holdings Ltd, which is controlled by SIIS and E2-Capital (0378), will get listed in the stock exchange in Singapore on January 21. For its listing, SBI E2-Capital offered a total of 32.3 million shares, including 24.8 million new shares and 7.5 million existing shares, at S$0.26 per share. The proceeds and net proceeds are S$6.448 million and S$5.7 million respectively. He said that of the shares offered, 31.8 million will be placed and 500,000 shares will be offered to the public, and S$5 million will be used for expanding the brokerage business of SBI E2-Capital. Upon the listing of SBI E2-Capital, E2-Capital and the management of E2-Capital will hold 21.82% and 41.83% SBI E2-Capital respectively, and the shareholding of SIIS in SBI E2-Capital will decrease from 18% to 14.77%. InfocastFN.com © Copyright 1998-2004 by Infocast Ltd. All Rights Reserved [ DISCLAIMER ] infocastfn.com

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