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Wednesday, January 24, 1973
PAYMENT OF FIRST DIVIDEND TO MING TAK CREDITORS
Initial Response Very Disappointing
The Official Receiver, Mr. W. Hume, said today that the initial
response of creditors to the 25 per cent dividend payment was very disappointing.
He said that "out of about 600 creditors who were eligible to
receive payment during the first two days of the payment programme, only
90 came forward.
"This is very much below expectation even allowing for the possibility
that many creditors may have emigrated since 1965."
Mr. Hume reminded creditors that full details of the payment
programme were published in English and Chinese newspapers last Friday
(January 19).
Copies can still be obtained from the Official Receiver's Office
at either Central Government Offices, West Wing, 6th floor, Ice House
Street, or Sutherland House, 10th floor, No. 3 Chater Road.
He urged all creditors to ascertain the date and place of payment
appropriate to their accounts and to come along and collect the money
that is due to them,
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