• Thu
  • Oct 2, 2014
  • Updated: 9:37pm

UDL Argos wins short reprieve

PUBLISHED : Tuesday, 27 October, 1998, 12:00am
UPDATED : Tuesday, 27 October, 1998, 12:00am

UDL Argos Engineering & Heavy Industries has been given three weeks' grace to devise a scheme to pay off creditors. The company is the subject of a winding-up petition and was granted a three-week adjournment at the Court of First Instance yesterday. UDL Argos laid off 520 workers in November 1996 as a result of completing 50 per cent of construction work for China Light and Power (CLP). The company was the contractor for CLP's Black Point Power Station near Tuen Mun.


For unlimited access to:

SCMP.com SCMP Tablet Edition SCMP Mobile Edition 10-year news archive




SCMP.com Account