China

About KPMG

KPMG News

Lehman Brothers' Hong Kong incorporated entities - latest updates

KPMG, the Provisional Liquidators of eight Lehman Brothers Hong Kong incorporated entities, today announced the dates of the first creditors' meetings

Hong Kong, 23 January 2009

KPMG, the Provisional Liquidators of eight Lehman Brothers Hong Kong incorporated entities which were put into liquidation late last year today announced the dates of the first creditors' meetings. The companies involved and the respective dates of the meetings are:

1. Lehman Brothers Securities Asia Limited (In Liquidation) (13 February 2009)
2. Lehman Brothers Futures Asia Limited (In Liquidation) (13 February 2009)
3. Lehman Brothers Asia Limited (In Liquidation) (12 February 2009)
4. Lehman Brothers Asia Holdings Limited (In Liquidation) (11 February 2009)
5. Lehman Brothers Asia Capital Company (In Liquidation) (17 February 2009)
6. LBQ Hong Kong Funding Limited (In Liquidation) (17 February 2009)
7. Lehman Brothers Nominees (H.K.) Limited (In Liquidation) (17 February 2009)
8. Lehman Brothers Commercial Corporation Asia Limited (In Liquidation) (18 February 2009)

Further information regarding the above meetings can be obtained via the following:

• Website - www.kpmg.com.hk
• Email - lehman@kpmg.com.hk
• Hotline - +852 3121 9888.

Edward Middleton, Head of Restructuring at KPMG and one of the Provisional Liquidators, commented: "These meetings are convened in accordance with the Companies Ordinance and will provide an opportunity for creditors to hear about the events leading up to the collapse, and to obtain information from the Provisional Liquidators on what has been achieved to date, and the size and complexity of the task at hand."

About KPMG

KPMG is a global network of professional firms providing Audit, Tax and Advisory services. We operate in 144 countries and have 137,000 people working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International, a Swiss cooperative. Each KPMG firm is a legally distinct and separate entity and describes itself as such.

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

For media enquiries, please contact:

Pearl Fan
Senior Manager, Market Services
KPMG China
Tel: +852 2826 7111
e-Mail: pearl.fan@kpmg.com.hk

Legal | Privacy

Employee