Softi : __Hartcourt (900009) - News zum Aktien-Splitting
Hartcourt Announces Details of 2 for 1 Stock Split
LOS ANGELES, Oct 4, 2000 /PRNewswire via COMTEX/ -- The Hartcourt Companies
Inc. (OTC Bulletin Board: HRCT; Frankfurt: HCT), www.hartcourt.com today
announced that its Board of Directors has approved a forward two-for-one stock split. The record date of the forward split will be the close of business on October 16, 2000. Each shareholder on the record date will be mailed one (1) additional share certificate for each share of common stock owned.
The Company`s transfer agent, Signature Stock Transfer Inc., 14674 Midway road, Suite 221, Dallas TX 75244, Telephone: 972-788-4193, will begin mailing the additional certificates on October 23, 2000.
On September 21, 2000, Hartcourt announced that it had signed two separate
underwriting agreements with Yuanta Securities Hong Kong and Access Capital Ltd. to IPO two of its subsidiaries, StreamingAsia and SinoBull Financial Group during the first and second quarter respectively, of calendar year 2001. The Company further indicated that it had succeed in negotiating with the underwriters to reserve 25% of the IPO shares of these two intended offerings for subscription by Hartcourt shareholders.
KPMG, one of the Big Five international accounting firms, which has been
appointed as Hartcourt`s auditors for fiscal year 2000, will also be asked to act as the auditors for the StreamingAsia and SinoBull underwritings.