XN000022-1973-01-24 — Page 10

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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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