16:55 12-JAN-2000
PCCW<1186.HK>, Hikari Tsushin to hold briefing Fri
HONG KONG, Jan 12 (Reuters) - Pacific Century CyberWorks
(PCCW) and Hikari Tsushin Inc <9435.T> said they would hold a joint
news conference on January 14 to "discuss the synergy that the two
companies create in Asia". Yasumitsu Shigeta, president and chief
executive officer of Hikari Tsushin, and Richard Li, executive chairman of
PCCW, will attend the news briefing at 4:30 p.m. (0830 GMT). PCCW
and Hikari Tsushin, Japan's second largest Internet firm, last week announced a strategic alliance.
The two firms made a co-investment move in Golden Power Intenrational Holdings <0603.HK> on December 28.
Golden Power would be renamed Hikari Tsushin International Ltd and become the listed vehicle and holding
company for Hikari Tsushin's Asian investments outside of Japan. ((Hong Kong Newsroom +852 2843 6441, Fax
+852 2845 0636 hongkong newsroom@reuters.com)) .
