December 18, 2000 in Social Responsibility News

Details of sell-off

Contents

Size: 20million dollars(10million in preferred stocks, $2 per share)


- Method of sell-off: sell SEC's API shares directly to API

- Shift in SEC share structure: 87.5%(35million shares)->62.5%(25million shares)
DATE: sell-off complete in Dec. 2000



Reason for sell-off

- Collection of investment fund to reduce investment risk

- Early collection of investment capital(20million dollars out of 35million dollars of capital invested)



About API

- Founded: June 1998

- Alpha CPU sole marketing agency under agreement between Compaq and SEC




 
99
00


sales
126.1
225.3


income before tax
5.4
4.2


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