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Tai Wah Securities Ltd

Regulatory
03 Apr 2003

The Stock Exchange of Hong Kong Limited
(A wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited)

Tai Wah Securities Ltd

Tai Wah Securities Ltd (Tai Wah) defaulted on payment due to Hong Kong Securities Clearing Company Limited (HKSCC), a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited, today (3 April) and is declared a Defaulter under Rule 3702 of the General Rules of CCASS under HKSCC.

Tai Wah suspended its participantship in the Stock Exchange of Hong Kong Limited on 1 April 2003. Tai Wah's participantship will remain suspended until further notice.

Updated 03 Apr 2003