SOFTBANK Japan: Die neusten NEWS von heute ...

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MaMoe:

SOFTBANK Japan: Die neusten NEWS von heute ...

 
03.03.00 12:39

Alert: Softbank Units Will Not be Forced to List on Planned Nasdaq Japan -CFO (Reuters Securities)
This is a headline-only alert, although it will likely be followed by an article soon.
- Mar 03 5:17 AM ET

Alert: Softbank Finance Says Now Looking to Invest in Non-internet Korean Firms (Reuters Securities)
This is a headline-only alert, although it will likely be followed by an article soon.
- Mar 03 5:23 AM ET

Alert: Seoul-internet Stock Prices Have Not Reached Bubble Levels, Says Softbank CFO (Reuters Securities)
This is a headline-only alert, although it will likely be followed by an article soon.
- Mar 03 5:13 AM ET

Alert: Softbank Plans to Invest in More Than 2,000 Japanese Internet Firms Soon-cfo (Reuters Securities)
This is a headline-only alert, although it will likely be followed by an article soon.
- Mar 03 5:16 AM ET
MaMoe:

Und jetzt der GANZE ARTIKEL:

 
03.03.00 14:13
Friday March 3 7:11 AM ET

Softbank: Internet Stocks Have Room to Climb

By Kim Se-yoon

SEOUL (Reuters) - Share prices of Internet-related firms have further room to climb
considering the potential value of the companies, an executive with Japanese high-flying
Internet investor Softbank Corp (9984.T) said on Friday.

``It's natural that the value of Internet-related firms is high, and they have room to go higher,''
said Yoshitaka Kitao, chief financial officer for Softbank.

``Considering the future value of the technology-related firms, the prices have not reached a
bubble level.''

Rising numbers of Internet users, including the total number of users in Japan reaching more
than 20 million this year, would contribute to Internet firms posting larger profits, Kitao said.

In Japan, Softbank was looking to invest in more than 2,000 Internet-related companies
soon using the 150 billion yen fund it planned to set up this month, he said.

Regarding investment in South Korea, Kitao said Softbank was now seeking to invest in
non-Internet-related firms.

``We plan to set up a separate fund at Softbank Finance and are looking to invest in
(Korea's) offline companies and transform their business to online,'' Kitao said.

Softbank Finance is a wholly owned unit of Softbank Corp.

The Japanese Internet powerhouse in December set up a joint venture with capital of 100
billion won to invest in Korea's rapidly growing Internet business market.

Softbank Corp is also the largest shareholder in online brokerage E+Trade Korea, holding a
40 percent stake. The brokerage began operations early February.

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