GR 124
IMMEDIATE
CYPHER CAT A
FM BTC HONG KONG 152806Z
LKK 164/1
1902
D
274
CONFIDENTIAL
IND
FLAR: 1412 PAZ
CONFIDENTIAL
TO IMMEDIATE E C G D TELNO EXCED 39 OF 15 DECEMBER 1977.
FOR MANN FROM BIRCH.
YOUR EXCED 40: C L P
SCHRODERS ARE NOW INTENDING TO ACT AS FUND MANAGERS AND LOAN DOCUMENT WOULD MAKE THIS SOLE FUNCTION. AND RESPONSIBILITY CLEAR.
2. RELATIONSHIPS OF PARTIES, LAZARDS, WARDLEYS, SCHRODERS AND HONG KONG BANKS WILL REQUIRE VERY CAREFUL DRAFTING. THIS IS HIGHLY
EMOTIVE AND SENSITIVE ISSUE ON WHICH YOU SHOULD AVOID COMMENT UNTIL THE MANOEUVERING OF THE BANKS HAS RESULTED IN FIRM STATEMENT
OF THEIR INTENTIONS.
3. SUGGEST YOU DO NOT INITIATE DISCUSSIONS ON LEGAL COMPLICATIONS
UNTIL OUR RETURN,
MARCH
EXCED DISTRIBUTION
:
HKGD TRED
MR.MURRAY
CONFIDENTIAL