UDL HOLDINGS<0620> - Announcement
The Stock Exchange of Hong Kong Limited takes no
responsibility for the contents of this announcement, makes
no representation as to its accuracy or completeness and
expressly disclaims any liability whatsoever for any loss
howsoever arising from or in reliance upon the whole or any
part of the contents of this announcement.
UDL HOLDINGS LIMITED
(Incorporated in Bermuda with limited liability)
ANNOUNCEMENT
The status of today's court hearing
At today's court hearing for the purpose of granting leave
for convening creditors' meeting for approval of the Scheme,
the court directed that the hearing will continue on 3
February 2000 or on such earlier date as directed by the court
for the production of the final version of the Scheme
documents. The Company together with the concerned
subsidiaries are in the process of finalising the procedural
documents in connection with the convening of the
forthcoming meeting. Further announcement will be made to
inform the shareholders of any new development as soon as
possible.
By Order of the Board
UDL Holdings Limited
Leung Yat Tung
Chairman
Hong Kong, 28 January 2000
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