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Technology Stocks : Softbank Investment International (HK0648) -- Ignore unavailable to you. Want to Upgrade?

To: ms.smartest.person who wrote (541)	1/29/2001 10:51:26 PM
From: ms.smartest.person	Respond to of 615

SBISF ABOUT US webpage: Softbank Investment International (Strategic) Limited Softbank Investment International (Strategic) Limited ("Softbank Strategic", Stock code 0648) was formerly known as Cheung Wah Development Company Limited ("Cheung Wah"), and originally engaged in dyestuffs distribution, household fabrics and garment manufacturing, property and other investments. In March 2000, Softbank Investment (International) Holdings Limited ("SBIIH") subscribed from Cheung Wah 1.1525 billion of its new shares, and became its major shareholder (representing approximately 61.1% of the enlarged issued share capital at that moment). Cheung Wah was then renamed Softbank Investment International (Strategic) Limited, and at the same time, its business was diversified from dyestuffs distribution to include B2B Internet services. A newly established department constitutes three subdivisions including: Business Development Division, Net-Trans Division, and Time Machine Division. The new department will be responsible for the positioning of Softbank Strategic in Internet business, as well as for the securing of strategic partners. The Business Development Division will identify and evaluate new investment opportunities, while the Net-Trans Division will investigate the conversion of potential investments from off-line to online businesses. The Time Machine Division will roll out successful overseas business models locally. Management Team Chairman : Yoshitaka Kitao Vice-Chairman : Hiroyuki Nakanishi Vice-Chairman : Lawrence, Kam Kee Yu President : Junichi Goto Softbank Corp. Softbank Investment International (Strategic) Limited's parent company, Softbank Finance Corporation, is a wholly-owned subsidiary of Japan's SOFTBANK CORP. (TSE: 9984).SOFTBANK CORP. has emerged as one of the world's leading Internet market forces. Through its ownership positions in more than 300 Internet companies and its unique Internet-family management concept, it is able to create market synergies for its family of companies on a global scale. In Japan, its activities encompass distribution, publishing, Internet media platforms, a broad range of e-commerce businesses, and joint ventures with companies such as Microsoft, Cisco Systems, Yahoo!, the National Association of Security Dealers, and many other market leaders. In the U.S., SOFTBANK is the largest shareholder in leading Internet companies such as Yahoo!, E*Trade and ZDNet. In Europe, it has established Internet joint ventures with News Corp. and Vivendi. In Latin America, Australia, New Zealand, India, China and Korea, it is helping to establish local Internet companies.