XN000022-1977-07-21 — Page 6

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THURSDAY, JULY 21, 1977

FINAL DIVIDEND PAY-OUT FROM NEXT TUESDAY TO CANTON TRUST AND COMMERCIAL BANK CREDITORS

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THE PROGRAMME FOR PAYING THE FOURTH AND FINAL DIVIDEND TO CREDITORS OF THE CANTON TRUST AND COMMERCIAL BANK WILL BEGIN ON TUESDAY (JULY 26).

DEPOSITORS WHO HELD ACCOUNTS AT THE CASTLE PEAK ROAD, LAI CHI KOK ROAD, TAI KOK TSUI AND MONGKOK BRANCHES OF THE DEFUNCT BANK WILL BE PAID THEIR DIVIDENDS IN THE FIRST PART OF THIS PROGRAMME.

THE DIVIDEND DUE TO THE DEPOSITORS MENTIONED ABOVE WILL BE PAID BY CHEQUES FROM THE WHITFIELD BARRACKS PAYMENT CENTRE AT BUILDING NO. N23, TSIM SHA TSUI, UP TO AUGUST 9.

IF A DEPOSITOR, HOWEVER, IS UNABLE TO ATTEND IN PERSON, HE CAN AUTHORISE PAYMENT TO HIS REPRESENTATIVE BY COMPLETING A FORM OF AUTHORITY FOR PAYMENT OF DIVIDEND. COPIES OF THE FORM ARE AVAILABLE AT THE OFFICIAL RECEIVER'S OFFICE, UNITED CHINESE BANK BUILDING, FIFTH FLOOR, 31-37 DES VOEUX ROAD, CENTRAL, AND THE VARIOUS CITY DISTRICT OFFICES.

THE TIME AND DATE AND METHOD OF COLLECTION FOR INDIVIDUAL ACCOUNT HOLDERS WILL BE ANNOUNCED IN NEWSPAPER ADVERTISEMENTS ON SUNDAY (JULY 24).

THOSE WHO HAD ACCOUNTS IN OTHER BRANCHES OF THE BANK ARE REQUESTED TO WAIT FOR FURTHER ADVERTISEMENTS TO BE PUBLISHED ON AUGUST 4 AND AUGUST 16.

THE OFFICIAL RECEIVER AND LIQUIDATOR OF THE BANK, MR. P. JACOBS, HAD EARLIER ANNOUNCED THE FINAL DIVIDEND OF 20.7 CENTS IN THE DOLLAR BRINGING THE TOTAL PAYMENT SINCE THE BANK WAS LIQUIDATED 12 YEARS AGO TO 70.7 CENTS IN THE DOLLAR.

NINE CENTRES, ONE EACH ON HONG KONG ISLAND AND KOWLOON AND SEVEN IN THE NEW TERRITORIES WILL BE OPENED FOR PAYING THE BANK'S CREDITORS AND THESE CENTRES WILL ALL BE CLOSED BY AUGUST 31 WHEN FURTHER ARRANGEMENTS WILL BE MADE FOR PAYING THOSE CREDITORS WHO HAVE NOT CLAIMED THEIR DIVIDEND BY THAT DATE.

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