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News Release - 3 Nov 2000
News Release - 3 Nov 2000
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UOB Asia
Singapore, 3 November 2000
- The United Overseas Bank (UOB) Group wishes to state that its
subsidiary, UOB Asia, has been charged today in Court under Sections 97(1)
and 99(b) of the Securities Industry Act in relation to the IPOs of
eWorldofSports.com Limited and Hua Kok International Ltd. UOB Asia's
lawyers will be making representations on the charges to the
Attorney-General's Chambers.
The UOB Group wishes to assure its customers, investors and public that
it expects its officers to comply with the highest standards expected in
the financial industry.
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