TNAG-2245-FCO40-3228-Bank-of-Credit-and-Commerce-Hong-Kong-Limited-(BCCHK)-1991 — Page 16

GUVERNMENT HUUSE

HUNG KUNG

291-11-21 11:54

PHGE 08

(2)

the

Official

Receiver to place

in

certain

newspapers

the non-statutory advertisement

referred to in paragraph 5 above;

(3) the Official Receiver to prepare comprehensive Particulars 01 the scheme of arrangement for

Consideration by the Court and the depositors

to which will be annexed an assessment of the

Uriicial Receiver and the

the Special

Special Manager

wilat they

on

consider might be achieved for the

depositorS on a winding-up of BCCHK and BCCFI under the Companies Ordinance together with

the advice ut the official Receiver's financial

advisers on the scheme of arrangement as compared with a winding-up of the two companies; and

own

(4) start of HKCB, at HKCB's own expense, to assist

11 the management and operation of BCCHK in

the meantime So as to facilitate a smooth transition of management and 'the opening of

the new bank as soon as possible.

Dated this the

day of November 1991.

(Noel M. Gleeson) Registrar General

(Official Receiver and Provisional Liquidator, BCCHK and BCCFI)