China

Details

  • Type: Press release
  • Date: 2/18/2009

For media enquiries, please contact:

Nina Mehra

Senior Manager, Media Relations

KPMG China

 +852 2140 2824 (Direct)

   +852 9724 6092 (Mobile)

 nina.mehra@kpmg.com

 

KPMG to Hold Press Briefing on Lehman, Present Update on Progress 

Hong Kong, 18 February 2009

 

KPMG announces it will hold a press briefing in Hong Kong at 12:00 noon, Tuesday 24 February, to update on Lehman's creditors meetings.

The briefing will follow a shareholders meeting with Lehman Brothers Asia Capital Company (LBACC) (In Liquidation), at 11:00 am.

Edward Middleton, Head of Restructuring at KPMG will provide an update on the eight meetings held with creditors and shareholders of Lehman Brothers.

Details of the venue will be provided next week.

KPMG has held meetings with creditors and shareholders of eight Lehman Hong Kong subsidiaries:

  1. Lehman Brothers Securities Asia Limited (In Liquidation)
  2. Lehman Brothers Futures Asia Limited (In Liquidation)
  3. Lehman Brothers Asia Limited (In Liquidation)
  4. Lehman Brothers Asia Holdings Limited (In Liquidation)
  5. Lehman Brothers Asia Capital Company (In Liquidation)
  6. LBQ Hong Kong Funding Limited (In Liquidation)
  7. Lehman Brothers Nominees (H.K.) Limited (In Liquidation)
  8. Lehman Brothers Commercial Corporation Asia Limited (In Liquidation)

 

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KPMG China has 12 offices (including KPMG Advisory (China) Limited) in Beijing, Shenyang, Qingdao, Shanghai, Nanjing, Chengdu, Hangzhou, Guangzhou, Fuzhou, Shenzhen, Hong Kong and Macau, with more than 8,500 professionals.