XN000022-1994-01-26 — Page 6

WEDNESDAY, JANUARY 26, 1994

5

IB

IT UNTIL SUCH TIME AS BCCHK IS CONTACTED BY SUCH CREDITORS, UNABLE TO PAY THESE CREDITORS THEIR ACCUMULATED DIVIDEND ENTITLEMENTS.

ANY CREDITOR WHO HAS NOT YET RECEIVED THEIR DIVIDEND OR WHO HAS CHANGED ADDRESS AND HAS NOT YET NOTIFIED BCCHK IS ASKED TO NOTIFY

OF THIS IN WRITING AS SOON AS POSSIBLE SO THAT BCCHK

THEIR DIVIDEND ENTITLEMENT CAN BE ASSESSED AND, IF APPROPRIATE, PAID.

CONTINUING

TO

THE LIQUIDATOR AND THE SPECIAL MANAGERS ARE

ARE SUBSTANTIAL AMOUNTS FROM BCCHK'S BORROWERS AND REALISE

ACTIVELY ENGAGED IN NEGOTIATIONS AND LEGAL ACTIONS TO ENHANCE REALISATIONS FROM OTHER BORROWERS.

A SECOND ANNUAL REPORT TO CREDITORS OUTLINING THE CURRENT POSITION OF THE LIQUIDATION AND DETAILS OF SIGNIFICANT EVENTS SINCE THE PREVIOUS REPORT WILL BE MADE AVAILABLE TO CREDITORS IN APRIL YEAR.

THIS

STI VISITS EUROPE

THE SECRETARY FOR TRADE AND INDUSTRY, MR T H CHAU, WILL LEAVE THIS (WEDNESDAY) EVENING FOR A VISIT TO EUROPE.

MR CHAU WILL FIRST GO TO DAVOS IN SWITZERLAND WHERE HK WILL LEAD A HIGH-LEVEL DELEGATION TO REPRESENT HONG KONG AT THE WORLD ECONOMIC FORUM (WEF).

THE ANNUAL MEETING OF WEF, ΤΟ BE HELD FROM JANUARY 27 TO BRINGS TOGETHER SOME OF THE WORLD'S TOP CHIEF AND GOVERNMENT LEADERS TO DISCUSS ECONOMIC TRENDS ISSUES IN AN INFORMAL SETTING.

FEBRUARY EXECUTIVES

AND

1

THE HONG KONG DELEGATION WILL INCLUDE SIR DAVID FORD, HONG KONG'S COMMISSIONER IN LONDON; MR RONALD CARSTAIRS, THE MANAGING DIRECTOR OF DAH SING FINANCIAL HOLDINGS LTD; DR EDGAR CHENG, CHAIRMAN AND MANAGING DIRECTOR OF WORLD-WIDE INVESTMENT COMPANY LTD; MR PO CHUNG, CHAIRMAN OF DHL INTERNATIONAL LTD; MR MICHAEL CLANCY, CHAIRMAN OF EXXON ENERGY LTD; MR RICHARD LI, CHAIRMAN AND PACIFIC CENTURY GROUP; AND MR ROBERT NG, CHAIRMAN OF THE SINO GROUP.

CHIEF

EXECUTIVE

OF

DURING THE MEETING, MR CHAU TOGETHER WITH OTHER POLITICAL LEADERS WILL MEET INTERNATIONAL BUSINESS LEADERS AT A BRAINSTORMING SESSION ON JANUARY 28 FOR A DIRECT CONVERSATION ON THE LATTER'S QUESTIONS, CONCERNS AND SUGGESTIONS FOR ACTION.

MR CHAU WILL ALSO SPEAK AT A LUNCH MEETING. ON JANUARY 29.

ON JANUARY 31, HE WILL TAKE PART IN THE GOVERNORS MEETING FOR TEXTILE TRADE AND INDUSTRY ΤΟ DISCUSS THE IMPLICATIONS OF THE SUCCESSFUL URUGUAY ROUND FOR THE TEXTILE AND APPAREL INDUSTRY.

/MR CHAU

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