LI KA SHING FOUNDATION LIMITED 李嘉誠基金會有限公司
The Real Steel
From the sponsor who brought you Tom.com and Techpacific.com comes the latest offering, iSteelAsia.com, spun out of main-board listed Van Shung Chong Holdings and assisted by iMerchants. Webb-site.com reveals how connected persons of VSC bought shares of iSteelAsia at a 99.4% discount to the IPO price, the day before the prospectus was published and without VSC independent shareholder approval. We also look at how little investment has gone into the site and examine its business prospects. (24-Apr-2000)
From the sponsor who brought you Tom.com and Techpacific.com comes the latest offering, iSteelAsia.com, spun out of main-board listed Van Shung Chong Holdings and assisted by iMerchants. Webb-site.com reveals how connected persons of VSC bought shares of iSteelAsia at a 99.4% discount to the IPO price, the day before the prospectus was published and without VSC independent shareholder approval. We also look at how little investment has gone into the site and examine its business prospects. (24-Apr-2000)
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