Article: NEW BRIDGE CAPITAL CHARGES ITS TAIWAN RIVAL

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New Bridge Capital Charges its Taiwan Rival

SHENZHEN, May 27, 2003 (SinoCast via COMTEX) -- According to the reports of the Wall Street Journal, the New Bridge Capital Inc. of the US has sued China Trust Commercial Bank Co., Ltd. of Taiwan to a local Texas court. China Trust Commercial Bank Co., Ltd. is the prospective rival of the New Bridge Capital Inc. in acquiring the shares in Shenzhen Development Bank of the Mainland China.

According to the New Bridge Capital Inc., China Trust Commercial Bank has resorted to unfair competitive means in its negotiations with Shenzhen Development Bank to acquire shares in the bank. Besides, China Trust Commercial Bank has on ...

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