• Fri
  • Dec 26, 2014
  • Updated: 1:46am


Tricom settles at $1.50 yesterday, more than 11-fold the pre-suspension price

Tricom settled at $1.50 yesterday, down 18.03 per cent from Tuesday but still more than 11-fold the pre-suspension price.

Thursday, 6 May, 1999, 12:00am

Tricom takes Cyberport role

Tricom Holdings is to become the flagship vehicle for the creation of the $13 billion Cyberport in a deal which will give Richard Li Tzar-kai's Pacific Century Group (PCG) of companies a 75 per cent stake in the telecommunications outfit.

1 May 1999 - 12:00am

Tricom interest turned down

China Strategic Holdings has rejected a written expression of interest from Tricom Holdings to purchase its entire shareholding in Star Telecom International Holdings. In the same announcement, Star said it was in negotiations to buy the paging and financial-information businesses operated by subsidiary CM Telecom International.

8 Apr 1999 - 12:00am

Tricom in Star deals

Tricom Holdings has disclosed it has entered into various transactions with Star Telecom International Holding involving provision of telecommunications equipment and services in the year to December last year, and the five months to the end of May. Tricom, a 71.66 per cent subsidiary of Star, said the transactions in the first five months of this year amounted to $2.98 million.

11 Jun 1998 - 12:00am

Tricom fails to disclose loans to part-owned subsidiaries

Telecom equipment maker Tricom Holdings has fallen foul of stock exchange rules by failing to disclose loans to part-owned subsidiaries without consulting shareholders or disclosing them as connected transactions. The loans were made over the past four years to Tricom Radio Systems, Tricom Manlink and Temco Controls.

9 Apr 1998 - 12:00am

Star Telecom grants options

Star Telecom International Holdings has granted call options to four investors to purchase up to 30 million existing shares in Tricom Holdings at an exercise price of $2.20 each to repay bank borrowings and use as working capital. If the options are exercised the Star group's holding in Tricom will fall to 58.76 per cent from 71.77 per cent.

13 Mar 1998 - 12:00am

Star plans Tricom market move

Star Telecom International is likely to try to place 20 per cent of its majority stake in Tricom Holdings back on the market, Jardine Fleming said.

After buying Tricom stock from its parent, China Strategic Holdings, and another major shareholder, Star's holding in Tricom rose to 92 per cent. Yesterday, Star extended the cash offer of $2.20 to remaining Tricom shareholders.

6 Sep 1997 - 12:00am

Star Telecom to make cash offer for Tricom shares

Star Telecom International is making a cash offer to Tricom Holdings shareholders at $2.20 after its stake in the latter jumped to 92.03 per cent. Star Telecom will spend $187 million to buy 37.06 per cent of Tricom from China Strategic Holdings and the same amount to purchase another 37.06 per cent from Tricom's chairman Sung Ham-wing.

5 Sep 1997 - 12:00am

CSH looks for profit in infrastructure investment

China Strategic Holdings (CSH) says it plans to make telecoms and other infrastructure investment its two fastest growing sectors in terms of investment amount and profit contribution.

Executive director Mico Chung Cho-yee said yesterday the company was seeking to expand its mainland telecoms investment through a new arm.

26 Jun 1997 - 12:00am

Tricom hit

TRICOM Holdings, which trades telecommunications equipment, has recorded a 60.25 per cent decline in profit to $8.99 million in its interim results.

Turnover rose 8.6 per cent to $192.8 million for the first half. Earnings per share fell to 4.1 cents from 12.5.

19 Aug 1995 - 12:00am

Close call for Tricom

HOPES that the Tricom telephone group's share issue would provide a return to the days of muscular over-subscriptionss have been dashed by the results of its offer for sale of 63.7 million shares.

10 Oct 1994 - 12:00am

Analysts expect Tricom to provide early rewards

ANALYSTS predict the stock market debut of telephone distributor Tricom Holdings could ring up some early profits for investors.

The past six months have proved costly for investors in new issues, but that may be changing.

Last week, Pacific Andes International Holdings listed and is trading above its issue price.

7 Oct 1994 - 12:00am

Listings to draw cool response

PAGER and computer trader Tricom Holdings is to launch a $76.44 million share offering next week to fund its two joint ventures in China.

The company will issue 63.7 million shares priced at $1.20 each. Of the total, 23.7 million are old shares.

25 Sep 1994 - 12:00am