Tuesday 22nd May 2007

Dear Reader,

Perhaps the funniest thing about the Chinese Government investing in Blackstone Group's forthcoming IPO is that they will get "non-voting common units". Rather like their own people, really.

NEW ARTICLE
NTEEP breaches free float rule (22-May-07)
NTEEP (2633) is now in breach of the 25% free float rule after purchases by its majority shareholder took it over 75%.
https://webb-site.com/articles/NTEEP070522.asp
 

RECENTLY ON WEBB-SITE.COM
Government digs MTRC hole (17-May-07)
The Government has just given MTRC independent shareholders another reason to veto the KCR deal by proposing an extension of the fare freeze which would permanently wipe about 3% off future profit margins and HK$4.5bn off the value of MTRC.
https://webb-site.com/articles/farefreeze.asp
 

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David M Webb
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22-May-07