To: Kaliico who wrote (16283 ) 12/6/1999 12:05:00 PM From: Rande Is Respond to of 57584
CHINA announces 2-for-1 stock split. . .flying now. . . Monday December 6, 11:31 am Eastern Time Company Press Release SOURCE: chinadotcom corporation chinadotcom corporation Announces 2-For-1 Stock Split HONG KONG, Dec. 6 /PRNewswire/ -- chinadotcom corporation (Nadsaq: CHINA) announced today that its Shareholders had approved a 2-for-1 stock split at an Extraordinary General Meeting held in Hong Kong. Shareholders of record as of the close of trading today, Monday, December 6, 1999, will be entitled to receive two Class A Shares for every one Class A Share held. The distribution date for the additional Class A Shares will be after the close of trading Monday, December 13, 1999. NOTE TO EDITORS About chinadotcom corporation chinadotcom corporation is the first pan-Asian integrated Internet company listed in the United States (Nasdaq: CHINA - news). The company provides a full range of Internet services that; 1) build e-commerce strategy and solutions (the Web Connection), 2) distribute content via its portal network (china.com, cww.com, hongkong.com, and taiwan.com), and 3) sell services through online advertising (24/7 Media Asia). chinadotcom corporation is committed to enabling digital communities to realize their full potential, thereby facilitating the development of the Internet in China and across Asia. The company has over 700 employees in 17 offices across 10 Asian markets. In Mainland China, the company has five offices and over 200 employees. Major corporate shareholders include America Online Inc., Mitsui & Co. Ltd., Bay Networks Inc., Sun Microsystems Inc., New World Infrastructure Limited and 24/7 Media Inc. SOURCE: chinadotcom corporation