SOFTBANK announces a partial sale of its holding in cyber communications inc. (revised)
SOFTBANK CORP. revises the news release “a partial sale of its holding in cyber communications inc.” on September 30, 2003 as follows
before revision
The number of shares sold | Period in which gain on sale of investment securities to be recognized | Amount of gain on sale of investment securities |
---|---|---|
40,000 shares | 3 rd quarter of the fiscal year 2004 (expected) | Approx. 7.0 billion yen (expected) |
after revision
The number of shares sold / to be sold | Period in which gain on sale of investment securities recognized / to be recognized | Amount of gain on sale of investment securities |
---|---|---|
35,000 shares | 2 nd quarter of the fiscal year 2004 | Approx. 6.1 billion yen |
5,000 shares (upper limit) (over allotment) * | 3 rd quarter of the fiscal year 2004 (expected) | Approx. 900 million yen (expected) |
- * The amount of gain on sale of investment securities through over allotment will be announced immediately after such amount is fixed.
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