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Gold/Mining/Energy : Capital Alliance Group - CPT (CDNX) -- Ignore unavailable to you. Want to Upgrade?


To: AriKirA who wrote (165)3/31/2000 7:07:00 PM
From: John Powell  Respond to of 960
 
Throw that all together and you get a good receipt for success in my opinion. By making partners with 8 leading brokerage firms across Asia I think CPT/SEG has already proven that they have the connections it takes.

And they will further show that whenever they announce completion of the financing they have been working on - then the math kicks in. And if anybody's worried about $4 CDN having all that factored into it already, go back in the thread and look at the math again...

(from the Mar 13 release):

Capital Alliance is seeking Canadian Venture Exchange approval to undertake two levels of equity financing raising $50-million (U.S.) for SEG. Capital Alliance will distribute 22 per cent of its ownership in SEG for $10-million (U.S.) at the first level as pre-IPO financing, and $40-million (U.S.) at the second level as IPO placement. Following the IPO, Capital Alliance will maintain a majority equity interest. All proceeds will be used for the development of SEG's Internet portal, (www.StockExchangeGlobal.com) future acquisition purposes. The Web site's anticipated launch date is April, 2000.


And from the Feb 28 release:
Further to the news release on Stockwatch Feb. 14, 2000, Capital Alliance Group has received substantial commitments to complete the pre-IPO investment of $10-million (U.S.) into its subsidiary, SE Global Equities Co. Ltd. The target closing date for this financing is March 24, 2000.
The company also reports that it has received three confirmation letters so far. One from ICEA Capital Ltd., second from Tai Fook Capital Ltd. and the third from Taiwan Securities (HK) Co. Ltd. These confirmation letters provide that for the Hong Kong GEM market listing, ICEA will be the lead sponsor broker, and Tai Fook will serve as co-lead sponsor broker. Taiwan Securities will serve as underwriter and co-lead for the Taiwan market.
ICEA is established through a joint venture between Industrial Commercial Bank of China and Bank of East Asia. ICBC was ranked the third largest bank in the world in 1998 and the largest bank in China with 36,000 branches. Bank of East Asia was established in 1918 and was ranked by The Banker as the top bank in Hong Kong in terms of capital, assets and profitability.
Tai Fook is one of the top securities brokerage firms in Hong Kong backed by the principal shareholder of New World Development Co. Ltd. Taiwan Securities is one of the top five largest securities brokerage firms in Taiwan with branches throughout Taiwan.


Talk about contacts...and if we want to get back into politics (which I don't), nice to see ties between Mainland China and Taiwan as well.