China

Statement from the Liquidators, MF Global Hong Kong Limited (in Creditors’ Voluntary Liquidation) ("MFG-HK") 

This is an update to clients and creditors following our statement on 1 February 2013.

 

Third interim distribution application:

 

The Liquidators of MFG-HK are pleased to announce that they will file an application with the Court this week to obtain the Court’s authority to pay a third interim distribution to Qualifying Clients. The amount of the intended third interim distribution is approximately $185 million in total, or the equivalent of 15 cents in the dollar for each dollar of current claims to the Client Money.

 

Anyone who has questions about the application or objects to the application can write to the Liquidators on or before the close of business on 1 May 2013:

 

MF Global Hong Kong Limited (In Creditors' Voluntary Liquidation)
c/o 8/F, Prince's Building
10 Chater Road, Central
Hong Kong

 

Or by email mfglobalhk@kpmg.com

 

 

The Liquidators are currently unable to estimate the timing of the Court will consider this matter or make its orders, but we will keep you informed of the progress of the application.

 

If you have any other questions, please contact Mr. Samuel Wan on +852 2140 2306 or email mfglobalhk@kpmg.com with any enquires.

 

 

For and on behalf of MFG-HK (In Creditors' Voluntary Liquidation)

 

 

Patrick Cowley

Joint and Several Provisional Liquidator

(The Joint and Several Provisional Liquidators act as agents of MFG-HK without personal liability)