AsiaNet Daily Summary – Press Releases For Friday September 13, 2002

NEW YORK: Partners in member firms of PricewaterhouseCoopers have voted in favor of the sale of PwC Consulting to IBM, a company report revealed. PricewaterhouseCoopers said they expect all steps necessary to complete the transaction with IBM to be finalised by October 2002.

BANGKOK: Readers of Travel and Leisure magazine have voted the Peninsula Bangkok as the best hotel in Asia, a media release said today. The General Manager of the Peninsula Bangkok said the award provided “valuable recognition of our efforts to provide the best hotel experience possible for our guests.”

VIENNA: The parachuting elite of the world will assemble in Vienna, Austria from September 21 to contest the fourth world cup, a media release said today.

TUSTIN: X Technologies said today it has lodged its final pre-market approval with the U.S. Food and Drug Administration for its Percutaneous Coronary Intervention Catheter.

SYDNEY: Salmat announced today that it has now acquired 100% of the Asian operations of its joint venture with the Jardine Matheson Group. “While there will be no change in the way we run our Asian business, we believe this gives us a much better structure to meet our growth plans in the region," says David Besson, Executive Director of Salmat.

VANCOUVER: Telus corporation, a major telecommunications provider in Canada today announced an equity offering. The company said they would use the proceeds of the offering to repay debt and for general corporate purposes.

HONG KONG: Provider of wireless communications and data services, Sunday Communications announced total turnover of the Group was HK$664 million for the six months ended June 30, 2002. The company said that during the period gross profit increased by 7% or HK $33 million.

HARTSVILLE: Packaging company, Sonoco revealed earnings estimates for both the third and fourth quarters have been reduced. "This reduction in our estimates for the third and fourth quarters principally reflects a delay in the recovery of increased costs for old corrugated containers, the Company's primary raw material," said Mr DeLoach, president and chief executive officer.

SAN JOSE: Komag today announced the appointment of Kathleen A. Bayless as the company's Vice President and Chief Financial Officer. Komag's Chief Executive Officer, said, “Kathy has been a key member of our executive team and an outstanding contributor for many years.”

(AsiaNet is a consortium of leading news agencies distributing unedited,translated press releases for worldwide clients. Contact: www.asianetnews.net for full-text versions).

• ข่าวPricewaterhouseCoopers
• ข่าวthe transaction
• ข่าวPwC Consulting
• ข่าวmotor
• ข่าวo:heal