AsiaInfo Holdings, Inc. Announces Initial Public Offering.Business Editors/High-Tech Writers SAN FRANCISCO--(BUSINESS WIRE)--March 3, 2000 AsiaInfo Holdings, Inc. (Nasdaq:ASIA Asia (ā`zhə), the world's largest continent, 17,139,000 sq mi (44,390,000 sq km), with about 3.3 billion people, nearly three fifths of the world's total population. ), a Delaware corporation A Delaware corporation is a corporation chartered in the U.S. state of Delaware. Delaware is well known as a corporate haven, and thus, over 50% of US publicly-traded corporations and 58% of the Fortune 500 companies are incorporated in the state. , today announced the initial public offering of its common stock on the Nasdaq National Market under the trading symbol Trading symbol See: Ticker symbol ASIA. The initial public offering price for the 5,000,000 shares offered by the company was $24 per share. The stock will begin trading today, March 3rd. The managing underwriters of the offering are Morgan Stanley  To comply with Wikipedia's , the introduction of this article needs a complete rewrite. Dean Witter Dean Witter may refer to:
About AsiaInfo Holdings, Inc. AsiaInfo is a leading provider of Internet related IT professional services and software products in China. The company offers telecommunications service providers in China total network solutions for their Internet infrastructure requirements and develops proprietary software for Internet service providers Internet service provider (ISP) Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password. , Internet content providers and telecommunications service providers. Since it moved its operations from the US to China in 1995, AsiaInfo has served as chief architect of China's Internet infrastructure. AsiaInfo pioneered the development of China's Internet infrastructure and designed and built the first national commercial Internet backbone in China, ChinaNet, as well as the first provincial Internet backbone in China, GuangdongNet. The company is also building the other two national commercial Internet backbones in China: UniNET of China Unicom and CNCNET of China Netcom. In addition to their infrastructure projects, AsiaInfo develops Internet software solutions tailored to meet the needs of clients in China. A copy of the Prospectus relating to the offering may be obtained from Morgan Stanley Dean Witter, 1585 Broadway, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , NY 10036, 212/761-6775. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. |
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