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[Geldhahn]

Hier der engl. Text:


Pearl Oriental Cyberforce Ltd
7/18/00 - Announcement
EXTENSION OF LONG STOP DATE OF SHARE TRANSACTION
Further to the Circular regarding the Share Transaction for the acquisition of the entire issued share capital in Speed-Tech together with the Shareholder`s Loan, the directors of the Company announce that the parties agreed to extend the Long Stop Date to 30 September 2000.

Grandcyber Corporation Limited (the "Purchaser"), an indirect wholly-owned subsidiary of the Company, entered into a conditional sale and purchase agreement (the "Agreement") on 17 February 2000 with U-Tech Enterprises Limited (the "Vendor"), to acquire the entire issued share capital in Speed-Tech Investments Group Limited ("Speed-Tech") together with an interest-free shareholder`s loan due from Speed-Tech up to the date of completion of the Share Transaction (the "Shareholder`s Loan") by the issue of 630,000,000 shares of HK$0.10 each in the Company at an issue price of HK$0.445 per share (the "Consideration Shares") (the "Share Transaction"). Details of the Share Transaction have been disclosed under the circular dated 29 May 2000 (the "Circular"). The Agreement provides that all the conditions to the Share Transaction should be fulfilled or waived within 120 days from the date of the Agreement (i.e. on or before 16 June 2000) or on or before such later date as the Purchaser may agree (the "Long Stop Date").

On 16 June 2000, a letter agreement was executed by the Vendor and the Purchaser to extend the Long Stop Date to 16 July 2000 to allow time for the fulfilment of certain conditions to the completion of the Share Transaction. On 23 June 2000, an ordinary resolution was passed by the Company`s Shareholders to approve the issue of the Consideration Shares pursuant to the Agreement. In order to allow time for the fulfilment of the remaining conditions, in particular, the transfer of interests in the ZOL Companies (as defined in the Circular) and the registration of wholly owned foreign enterprises pursuant to the PRC laws for the completion of the ZOL Agreement (as defined in the Circular), another letter agreement has been signed by the parties on 17 July 2000 to further extend the Long Stop Date from 16 July 2000 to 30 September 2000.

An application for the listing of, and permission to deal in, the Consideration Shares shall be submitted to the Stock Exchange once the aforesaid conditions are about to be fulfilled.

By Order of the Board
Pearl Oriental Cyberforce Limited
Wong Kwan
Chairman and Chief Executive

Hong Kong, 17 July 2000

Grüsse

[Fisch99]

Habe an Pearl eine Email geschickt und folgende Nachricht erhaltenear Mr Fischer J.
Thank you for your email expressing your interest in the activities of our Company. Please be advised that CariPAC.com Holdings, in which Pearl Oriental Cyberforce holds about 24.68% of interest, has been approved for listing on the Growth Enterprise Market ("GEM") in Hong Kong. It is in the process of updating its prospectus with the latest information and expects to see if the public offer of shares can take place at the 4th quarter of this year when the market condition of GEM becomes more stable and regains momentum. On the other hand, the spin off of hkstock.com, in which Pearl Oriental Cyberforce holds about 28.05%, is in progress. It is expected that the shares
of hkstock.com will be listed on the GEM Board by the end of this year. Other listing proposals are in preliminary stage and under study. We`ll announce concrete time table as soon as they are confirmed.

For updated information, online financial information, news release on the latest activities and corporate documents of our Company, you may visit our information web site at
http://www.pearloriental.com.hk.

Thank you for your attention.

Regards

Cecilia So

[Geldhahn]

Der Kaufabschluss von Speed-Tech verzögert sich weiter bis 31.10.2000:

EXTENSION OF LONG STOP DATE OF SHARE TRANSACTION

Further to the Announcement regarding the extension of Long Stop Date to 30 September 2000 for the fulfillment of the conditions to the completion of the Share Transaction, the Directors announce that the parties have entered into a letter agreement on 30 September, 2000 to further extend the Long Stop Date to 31 October 2000.

The directors of the Company (the "Directors") have disclosed in a circular dated 29 May 2000 (the "Circular") details of a conditional sale and purchase agreement (the "Agreement") entered into on
17 February 2000 between Grandcyber Corporation Limited as purchaser, an indirect wholly owned subsidiary of the Company, and U-Tech Enterprises Limited as vendor (the "Vendor"), to acquire the entire issued share capital in Speed-Tech Investments Group Limited ("Speed-Tech") together with an interest-free shareholder`s loan due from Speed-Tech by the issue of 630,000,000 shares of HK$0.10 each in the Company (the "Consideration Shares") at an issue price of HK$0.445 per share (the "Share Transaction"). In order to allow time for the fulfilment of the conditions to the completion of the Share Transaction, in particular, the transfer of interests in the ZOL Companies (as defined in the Circular) and the registration of wholly owned foreign enterprises pursuant to the PRC laws for the completion of the ZOL Agreement (as defined in the Circular), the Directors have disclosed through an announcement dated 17 July 2000 (the "Announcement") that the parties have agreed to extend the Long Stop Date to 30 September 2000.

As informed by the Vendor, extra time was spent in determining a feasible group structure under the current PRC laws and time remains needed to complete the aforesaid registration procedure for completion of the ZOL Agreement, another letter agreement has been signed by the parties on 30 September 2000 to further extend the Long Stop Date from 30 September 2000 to 31 October 2000.

An application for the listing of, and permission to deal in, the Consideration Shares shall be submitted to the Stock Exchange once the aforesaid conditions are about to be fulfilled.

By Order of the Board
Pearl Oriental Cyberforce Limited
Wong Kwan
Chairman and Chief Executive

Hong Kong, 30 September 2000

[TobiasK]

Hallo zusammen,

na dann warten wir mal bis Anfang November!!

Mfg

[TobiasK]

Hallo,

na dann warten wir mal bis November und hoffen das der Kurs wieder anzieht!

Mfg