SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : PCW - Pacific Century CyberWorks Limited -- Ignore unavailable to you. Want to Upgrade?


To: ms.smartest.person who wrote (918)4/2/2001 4:27:16 AM
From: ms.smartest.person  Read Replies (1) | Respond to of 2248
 
DJ MARKET TALK/HK: PCRD Suspended; Co In Minus Equity

10:14, 2001-04-02

0857 [Dow Jones] PCCW's (0008) Singapore-listed parent company Pacific Century Regional Development's (P15) shares suspended today pending announcement. Company reported Friday it had slipped to negative equity after consolidating PCCW's loss in its FY00 results. Dealers also note PCRD's net loss of S$611.04 million may be biggest for listed entity in Singapore's corporate history. Dealer says PCRD presents ""peculiar problem"" for regulatory authorities as he's unaware of any other listed entity having such massive losses and going into negative equity since 1985 Pan-Electric crisis.(EYG)

Copyright c 1999-2000 Dow Jones Inc. All rights reserved.

quamnet.com