QINTEX AGAIN EXTENDS PRINCEVILLE &lt;PVDC> OFFER

  &lt;Qintex America Ltd> said it is again
  extending its offer of 13 dlrs a share for 3.3 mln Princeville
  Development Corp shares until today from yesterday.
      At midnight yesterday, 7,242,117 Princeville shares had
  been tendered, up from 5,887,165 shares 24 hours earlier.
      Qintex said it is extending the offer to allow Princeville
  to comply with federal law restricting the ownership of U.S.
  airlines by non-U.S. citizens and to finalize the terms and
  conditions of the letter of credit or bank guarantee required
  under the previously announced acquisition agreement.
  

