Wednesday 31st October 2007

Dear Reader,

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NEW ARTICLE
Henderson Investment, Round 3 (31-Oct-07)
We urge minority shareholders of Henderson Investment (0097) to vote against the sale of its controlling stake in Hong Kong and China Gas (0003) to Henderson Land Development (0012). Read why.
https://webb-site.com/articles/HIround3.asp
 

RECENTLY ON WEBB-SITE.COM
MTR Exit (9-Oct-07)
The Government's push to get the MTRC deal approved provided a 35% premium to the share price, or a HK$37bn gain in market value since the circular was posted. If they had offered to buy out the minorities at the current $25.60 price, we would have recommended acceptance. Most of the institutional investors have voted with their feet and sold out, leaving a low 25% voting turn-out at today's EGM.
https://webb-site.com/articles/MTRexit.asp
 

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____________
David M Webb
Editor, Webb-site.com
https://webb-site.com