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


To: Maika who wrote (592)9/11/2001 6:39:44 PM
From: ms.smartest.person  Read Replies (1) | Respond to of 615
 
Barbara,

Thank you so much for your message. It is so nice to have a message from people one "knows", especially at times like today.

We are in S.E. Pennsylvania, on the Delaware Line, couple of miles from Longwood Gardens (check my profile for favorite sites - my home/residence whatever).

All of our family is fine. Little problem that my daughter is in Nevada on a business trip and we are watching her children. She was to return tomorrow and I think they are renting a car and driving back - 2+days.

We really need to count our blessings. Who cares about such trivial things like stocks and money (ask me about a week - LOL).

Hopefully, HK will be closed for a day or two.

Take care, Merry



To: Maika who wrote (592)9/24/2001 12:19:39 AM
From: ms.smartest.person  Respond to of 615
 
Hi Barbara,

Guess you saw this one was down big time last week. Now US$0.015!

The reason:

Softbank Inv (0648) yr loss $97M, no fin div
2001/09/20 18:58

(Infocast News) Softbank Investment International (Strategic) Limited (0648) announced the results for the year ended June 2001. The company recorded a net loss of $97.186 million. LPS was 4.9 cents. No final dividend was declared.

The company posted a net loss of $29.829 million in the 15 months ended June 2000.


For a company that does not have any business, how the heck can they lose $29.829 million?

Merry



To: Maika who wrote (592)11/6/2001 10:10:29 PM
From: ms.smartest.person  Read Replies (1) | Respond to of 615
 
Softbank (0648) offers Sing sub guarantee for licence
2001/10/31 11:27

(Infocast News) Softbank Investment International (0648) announced that as a condition to the Monetary Authority of Singapore (MAS) granting the MAS Dealer's Licence to SBI E2-Capital Pte Ltd, a subsidiary of the company, the MAS requires the company to provide to the MAS the company guarantee pursuant to which the company will undertake to maintain SBI E2-Capital Pte Ltd in a sound financial position and pay and settle all obligations and liabilities of SBI E2-Capital Pte Ltd arising during the subsistence of the company guarantee.

SBI E2-Capital Pte Ltd is an indirect non wholly-owned subsidiary of the company, being 56% owned by SBI E2-Capital Limited, which is in turn owned as to 51% and 49% by the company and E2-Capital, respectively. The other shareholders of SBI E2-Capital Pte Ltd are Westcomb and a director of SBI E2-Capital Pte Ltd who hold 40% and 4% of the issued share capital of SBI E2-Capital Pte Ltd, respectively.

Westcomb is not required by the MAS to provide any guarantee in respect of the obligations of SBI E2-Capital Pte Ltd and has therefore agreed to indemnify both the company and E2-Capital in respect of 40% of any claim under the company guarantee and/or the E2-Capital guarantee. The company and E2-Capital promise to undertake their guarantee obligations according to their respective shareholding in E2-Capital Pte Ltd.

infocastfn.com

Barb, this subsidiary is news to me! Merry



To: Maika who wrote (592)2/3/2003 2:17:13 PM
From: ms.smartest.person  Respond to of 615
 
Barb,

If you are still out there... SBISF shows 5cents ...

Wonder what nut bought on 1/30... or is there something out there we don't know about.

Merry



To: Maika who wrote (592)1/21/2004 10:18:20 PM
From: ms.smartest.person  Respond to of 615
 
Xybernaut in Joint Venture With Hong Kong Firm

Tuesday January 20, 11:18 am ET

FAIRFAX, Va. (Dow Jones)--Xybernaut Corp. (NasdaqSC:XYBR - News) and Hong Kong's Softbank Investment International (Strategic) Ltd. signed a memorandum of understanding to establish a joint venture that will develop mobile computing technologies in China.

In a joint press release Tuesday, the companies said Xybernaut will own 60% and Softbank Strategic will own 40% of the new venture, which will sell Xybernaut products and intellectual property in China.

The joint venture will have the exclusive right to manufacture, market, sell and distribute Xybernaut products throughout China.

Softbank Strategic will provide start-up funding. Although Xybernaut will be the majority owner of the business, Softbank Strategic will be responsible for overseeing day-to-day operations. The agreement is subject to the completion of a definitive contract.

Xybernaut's shares traded recently at $1.96, up 12 cents, or 6.5%, on Nasdaq volume of 4.6 million shares. Average daily volume is 4.8 million shares.

Company Web site: xybernaut.com
-Stephen Lee; Dow Jones Newswires; 201-938-5400