Chronological events on 9 August 2000:
9:35am: PCCW's announcement arrived at the Exchange via fax, with a request to the Exchange for its release through the Exchange's Teletext system on 9 August 2000.
9:45 am: The Exchange decided that the announcement could be released subject to the Securities and Futures Commission's clearance.
9:47 am: The Exchange informed PCCW of the decision and advised PCCW to contact the SFC.
10:27 am: PCCW's amended announcement incorporating the SFC's comment was e-mailed to and received by the Exchange.
10:30 am: The Exchange obtained confirmation from the SFC of its clearance for the issue of the announcement.
10:31 am: The Exchange released the news on the Teletext system.