PAC CENT CYBER<1186> - Announcement
The Stock Exchange has received a message from PACIFIC CENTURY CYBERWORKS
LIMITED which is reproduced as follows:-
"The directors of the Company wish to inform shareholders that a placing
agreement has been entered into between Pacific Century Group Holdings
Limited and certain placing underwriters relating to the placing of up to
335,000,000 existing shares in the Company this morning. The directors of
the Company also wish to emphasize that the decision to enter into the
placing agreement was made this morning.
As such, we hereby request that the shares of the Company to be continued
to be suspended commencing from 10:00 a.m. on 14 February 2000 pending for
the issue of an announcement in relation to the aforesaid top-up placement
of shares.
For and on behalf of
Pacific Century CyberWorks Limited
Helen Chu
Company Secretary
14 February 2000"
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