| |
| In
order of date |
| March
5, 2002 |
| February
6, 2002 |
| February
5, 2002 |
| January
31, 2002 |
| December
12, 2001 |
| November
27, 2001 |
| November
7, 2001 |
| October
1, 2001 |
| September
24, 2001 |
| September
20, 2001 |
|
July 23 , 2001 |
| June
19, 2001 |
| May
17, 2001 |
| April
24, 2001 |
| April
20, 2001 |
| April
17, 2001 |
| April
17, 2001 |
| April
10, 2001 |
| April
4, 2001 |
| March
12, 2001 |
| February
22, 2001 |
| February
21, 2001 |
| February
12, 2001 |
| February
1, 2001 |
| January
3, 2001 |
| December
12, 2000 |
| December
7, 2000 |
| November
2, 2000 |
| September
27, 2000 |
| September
6, 2000 |
| June
30, 2000 |
| May
30, 2000 |
|
|
|
| |
|
SE
Global Equities - Press Releases
|
|
Symbol: SEGB |
May-7-2002 |
| |
SE
Global Announces Acquisition
|
|
SE
Global Equities Corp. (OTCBB:SEGB), a provider
of electronic securities trading technology
and financial resources for international investors,
has signed a letter of intent to acquire all
client accounts and certain other assets of
a privately-owned registered broker-dealer ("broker-dealer")
based in California. Under the terms of the
agreement, certain senior management and staff
of the broker- dealer will join SE Global's
existing infrastructure in California and Asia.
According
to the broker-dealer, it has approximately US$40
million (CAD$63 million) assets under management
in about 4,000 accounts. For the fiscal year
2001, the broker-dealer reported transaction
revenue of US$2.31 million (CAD$3.63 million).
Established in 1997, the broker-dealer is registered
in all 50 U.S. States as a General Securities
Broker-Dealer and offers a wide range of securities
and investment vehicles primarily to the Asian
community in the U.S., Hong Kong and Taiwan.
"This
strategic acquisition will expand our current
client base significantly, increase our revenue
and reduce our clearing and operating costs,"
said Toby Chu, SE Global president and chief
executive officer. "Additionally, this transaction
will accelerate our penetration of the Asian
community, both domestically and abroad. The
eventual migration of these accounts to our
online and direct-access platforms is consistent
with our niche market strategy of providing
a full range of services to meet the needs of
global investors. SE Global will continue to
seek other acquisition opportunities, specializing
in multiple ethnic markets, which serve as SE
Global's springboard to overseas client acquisition."
This
acquisition is subject to customary regulatory
and closing conditions. Upon completion of the
acquisition, further details will be released.
|
|
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
|
|
|
|
