Cathay Investment to withdraw

PUBLISHED : Wednesday, 22 July, 1998, 12:00am
UPDATED : Wednesday, 22 July, 1998, 12:00am

The Cathay Investment Fund is in the process of applying for a listing on the Irish Stock Exchange and withdrawing its shares from the Stock Exchange of Hong Kong. Last night, the fund said the withdrawal of shares from the local exchange was conditional on the listing of the shares in Ireland and the approval of the Hong Kong exchange's delisting committee and shareholders.