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China.com Corporation stock split, par value change, and name change.


Business Editors

NEW YORK--(BUSINESS WIRE)--April 28, 2000

J.P. Morgan, as transfer agent and registrar, is pleased to announce a two-for-one stock split and par value change of China.com Corporation's Class A Common Shares of par value U.S. $0.0005, into Class A Common Shares of par value U.S. $0.00025, and a change of the company name to chinadotcom corporation.

 Record date:                 April 28, 2000

 Payable date:                May 5, 2000

 Effective date:              May 8, 2000

 Symbol:                      CHINA

 CUSIP:                       G2108N 10 9

 Share class:                 Class A Common Shares

 Old Nominal value:           US$0.0005

 New Nominal value:           US$0.00025

 Country of incorporation:    Cayman Islands

 Industry:                    Internet; portal services

 Traded on:                   NASDAQ

 Transfer Agent & Registrar:  Morgan Guaranty Trust Company of New York


To effect these changes, one additional Class A Common Share will be distributed for each Class A Common Share held. Existing Class A Common Shares will remain valid and will not need to be exchanged for new ones.

The world's largest ADR ADR - Astra Digital Radio  depositary DEPOSITARY, contracts. He with whom a deposit is confided or made.
     2. It is, the essence of the contract of deposits that it should be gratuitous on the part 'of the depositary. 9 M. R. 470.
 and a global financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 firm, J.P. Morgan serves clients through an integrated range of advisory, financing, trading, investment management, and research capabilities. Visit www.adr.com, J.P. Morgan's central resource for timely worldwide market intelligence and investor information. For further information on J.P. Morgan, visit www.jpmorgan.com.

An ADS, or American depositary share American Depositary Share (ADS)

Foreign stock issued in the US and registered in the ADR system.
, is a U.S. dollar-denominated form of equity ownership in a non-U.S. company. It represents a specified number of foreign shares on deposit at a custodian bank Custodian bank

Applies mainly to international equities. Bank or other financial institution that keeps custody of stock certificates and other assets of a mutual fund, individual, or corporate client. See: Depository Trust Company (DTC)
 in the issuer's home country and carries the corporate and economic rights of the underlying foreign shares. An ADR, or American depositary receipt American Depositary Receipt (ADR)

Certificates issued by a US depository bank, representing foreign shares held by the bank, usually by a branch or correspondent in the country of issue.
, is a certificate evidencing ownership of a certain number of ADSs. The term ADR is sometimes used to refer to ADS.

Neither this announcement nor the information contained herein constitutes an offer or solicitation by J.P. Morgan for the purchase or sale of any securities nor does it constitute a solicitation to any person in any jurisdiction where solicitation would be unlawful. An offering is made by means of a prospectus only. Information herein is believed to be reliable, but J.P. Morgan does not warrant its completeness or accuracy.

J.P. Morgan is the marketing name for J.P. Morgan & Co. Incorporated and its subsidiaries worldwide, including Morgan Guaranty As a verb, to agree to be responsible for the payment of another's debt or the performance of another's duty, liability, or obligation if that person does not perform as he or she is legally obligated to do; to assume the responsibility of a guarantor; to warrant.  Trust Company of 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
.
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Publication:Business Wire
Geographic Code:1USA
Date:Apr 28, 2000
Words:395
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