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Technology Stocks : PCW - Pacific Century CyberWorks Limited -- Ignore unavailable to you. Want to Upgrade?

To: ms.smartest.person who wrote (2125)	1/25/2002 3:29:28 AM
From: ms.smartest.person	Read Replies (1) \| Respond to of 2248

PCRD Redeems 61.58 Mln Preference Shrs from Richard Li for HK$562.3 Mln: Paper Jan 25, 2002 - 09:14:14 HKT Quamnet News Service Pacific Century Regional Developments Ltd., the parent company of Pacific Century CyberWorks (0008), redeemed 61.58 million of its preference shares from major shareholder Richard Li for around HK$562.3 million, the Apple Daily newspaper reported. PCRD was paying US$1.16075 per share, plus dividend of 1 US cent per preference share, the paper said. Meantime, PRCD had raised its stake in PCCW to 33.2 percent by buying 2.68 million PCCW shares at HK$2.09 each. -------------------------------------------------------------------------------- Copyright 2000 Quam(IA) Limited, All rights reserved quamnet.com