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Biotech / Medical : Dragon Pharmaceuticals DRUG -- Ignore unavailable to you. Want to Upgrade?

To: mark collins who wrote (7)	1/20/2000 6:35:00 PM
From: di-investor	Read Replies (1) \| Respond to of 13

Did you read the latest news release from Dragon Pharmaceuticals yet? If not, let me tell you it now. The Company is pleased to announce the completion of its recent private placement of 4,258,000 units at a price of $2.50 per unit for gross proceeds of $10,645,000. One of the significant placees is the Chow Tai Fook Group, the parent company of the New World Development Company Limited, one of the largest business conglomerates in Hong Kong. Mr. Cheng Yu-Tung, the Chairman of the Chow Tai Fook Group also serves as Chairman of New World, which is one of the largest shareholders in China.com. I really think the company has the potential to move up, otherwise Mr. Cheng wonÝt involve it. You think so?