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Strategies & Market Trends : Telebras (TBH) & Brazil -- Ignore unavailable to you. Want to Upgrade?

To: Steve Fancy who wrote (7957)	9/14/1998 10:46:00 AM
From: Mauricio Breternitz	Respond to of 22640

TBR babies to list on 21st in Brazil From Agencia Estado (my summary & xlation) The 12 stocks in which TBR was split will list in Brazil on the 21st and begin trading the same day. Each stockholder gets 1 stock for each of the 12 companies in which TBR was split based on the position of Sept 18. ------------------------------------ Telebr s credita a‡oes dia 21 Sao Paulo - A Telebr s creditar , no pr¢ximo dia 21, as a‡oes das doze novas holdings provenientes do processo de cisao da companhia. Para cada a‡ao de emissao da Telebr s, o acionista ter direito a doze a‡oes da mesma esp‚cie de cada uma das doze novas empresas, tendo como base a posi‡ao acion ria do dia 18 de setembro. Essas a‡oes poderao ser negociadas a partir deste mesmo dia nas bolsas brasileiras. As novas a‡oes terao a forma escritural e a institui‡ao deposit ria ser o Banco Real. Para o recebimento dos novos pap‚is, os acionistas deverao dirigir-se a uma agˆncia do Banco Real e apresentar c¢pia autenticada do CPF e da carteira de identidade. No caso de pessoa jur¡dica, deverao ser apresentadas c¢pias autenticadas de CGC, atas, estatutos, contratos sociais, etc.