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SE Global Equities - Press Releases
Symbol: SEGB December-7-2000
 

SE Global Extends its Global Network of Brokers in Asia and Enters South America

Capital Alliance Group Inc. is pleased to announce the addition of three distinguished brokerage firms to SE Global Equities Inc.'s ("SEG") expanding global network of brokers. These new alliance brokers from Indonesia, Uruguay and Argentina further expand SEG's presence in Asia and South America.

These new alliances expand SEG's reach into 20 stock exchanges in 18 countries spanning several continents. SEG's representatives are continuing to meet with brokerage firms around the globe and are in various stages of negotiations with several firms, which when finalized, will significantly expand SEG's reach. The brokerage firms who have most recently executed formal marketing agreements with SEG include:

PT Ciptadana Sekuritas, which will cover the Jakarta Stock Exchange in Indonesia. Established in 1990, PT Ciptadana Sekuritas is fast emerging as a preeminent brokerage and investment banking house in Indonesia. The company's shareholders, include PT Lippo Securities and China Development Industrial Bank (CDIB). PT Lippo Securities is part of the Lippo companies and CDIB is Taiwan's 2nd largest investment bank and a preeminent Asian development institution. With 150 employees, Ciptadana is one of the largest brokerage and investment banking houses in Indonesia today and is a dominant player in many areas of the Indonesian capital market. In addition to having a major presence in the primary and secondary equity markets, the company's broad network of local and international business contacts supports efficient funding for clients through the arranging, underwriting, trading and distribution of corporate equity and debt instruments.

De Simoni & Piaggio, which will cover the Montevideo Stock Exchange in Uruguay. The activities of De Simoni & Piaggio date back over 111 years to when Don Juan Evangelista De Simón founded the company as a brokerage house in 1889. The business has a distinguished history and has developed through successive generations until the present day. Don Carlos Cabral De Simón now represents the fourth generation in the family succession. Don Carlos Cabral De Simón served as the distinguished President of the Montevideo Stock Exchange between 1987-1992 and has over forty years experience as a stockbroker. Throughout its existence, the firm has maintained clear objectives of entrepreneurial efficiency and attributes its longevity to the high level and diversity of services and products it provides to its clients.

Maex S.A. Soc. De Bolsa (MAEX), which will cover the Buenos Aires Stock Exchange in Argentina. MAEX has been a member of the Buenos Aires Stock Exchange since 1992 and owns two seats at that exchange. MAEX offers clients the ability to execute orders either through their brokers on the floor of the Buenos Aires Stock Exchange, through other markets such as Mercado Continuo, or through a computerized electronic transactions system (SINAC). They also provide a complete and detailed listing of authorized transactions, margins, commissions and fees for each operation, market research, opinions about quoted firms, analysis of national and international news and information on the Argentinean economy and the capital market. MAEX also provides daily access to a database for technical analysis of quotes, ADRs, national and international financial index, as well as fundamental analysis of quoted firms.

Toby Chu, president and chief executive officer, states: "We are very pleased with the progress we are making towards our goal of expanding our alliance network. Our continued expansion in Asia and entry into South America brings us another step closer to our goal of creating a truly global financial community."

 

On Behalf of the Board of Directors of SE Global Equities Corp.

Toby Chu

President & Chief Executive Officer
International Head Office: 1.604.871.9909 extension 308
Asian Head Office: 852.2169.3019 extension 28

 

 

   

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