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
Further to the announcement dated 28 January 2000, the
directors of UDL Holdings Limited are pleased to update the
shareholders' on the status of today's Court meeting that:-
Court orders have been given for the Company and certain of
its subsidiaries to convene Court Meetings of their
respective creditors to consider the Scheme of Arrangement
which are now scheduled on 14 March 2000.
The Board of Directors of the Company intend to hold the
creditors meeting on 14 March 2000.
Further announcement will be made when there is any material
development of the matter.
By Order of the Board
UDL Holdings Limited
Leung Yat Tung
Chairman
Hong Kong, 3 February 2000
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