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Thursday, December 14, 1972
MING TAK BANK CREDITORS ASKED TO PROVE DEBTS
Forms Of Proof Available On Request
Creditors of the Ming Tak Bank, other than depositors and holders
of gift coupons, are advised to prove their debts as soon as possible
if they have not already done so.
In a notice to be published in tomorrow's newspapers, the Official
Roceiver, Mr. W. Hume, who is Trustee in Bankruptcy of the Bank, says
these creditors are required to prove their debts not later than January 5, 1973.
Forms of proof will be supplied on request made by post, telephone
or personally to the Official Receiver's Office, Sutherland House, 10th
floor, 3 Chater Road, Hong Kong (Tel. No. 5-231957).
On December 1 this year, Mr. Hume announced his intention to pay
a first dividend of not less than 20 per cent to all unsecured creditors
before the next Lunar New Year provided the necessary arrangements can
be made in time.
Tomorrow's notice indicates that depositors and holders of gift
coupons need not take any action at present, but they should watch for
future press announcements regarding the payment arrangements.
Other creditors, including holders of bank drafts issued by the
Ming Tak Bank, should prove their debts as soon as possible if they have
not done s0.
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