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Technology Stocks : Cymer (CYMI) -- Ignore unavailable to you. Want to Upgrade?

To: Andrew Brockway who wrote (16560)	4/15/1998 9:49:00 AM
From: BillyG	Respond to of 25960

Samsung to sell equity to raise $4B for investments........ koreainc-news.com <<TODAY'S TOP HEADLINE IN FOCUS Samsung Group plans to sell equity to raise US$4 billion APRIL 15, 1998 - Samsung Group plans to attract about U$4 billion of foreign capital this year to finance its investment projects, as well as improve its financial structure, group officials said April 14. In particular, Samsung needs the money to carry out its investment projects, such as completion of overseas semiconductor plants. Samsung intends to draw the foreign capital by selling equities of its core affiliated companies, such as Samsung Electronics, Samsung Display Devices, Samsung Electro-Mechanics and Samsung Life Insurance, to foreign investors. The officials said that the group would negotiate with foreign companies such as Goldman, Sachs & Co., Intel and Ford Motors for equity investments in Samsung Group companies.>>