With reference to the foregoing, the Marconi Vickers Bondholders Joint Committee, of which Sir Maurice Jenks, Bt, we, ox-Lord Mayor of London, is Chairman, have made tha following announcement, issued by Sir Maurice Jenks and Sir Arthur clu. Cros, Bt through their Attorney. in" Shanghai, Mr. F, IN.
The above offer, published simultne ously in London and in Shanghai, the result of tong negotiations Which have been going on between the Chinese 'Government. and the Joint Commitice of representative Bill-holders and Note-holders, which Committee was-appointed by them in 1026 to protect the Interests of bondholders." This Joint' Committee satisfied that the terms are the best obtainable, and while the Committee does not in any way bind individual holders, it strongly' recommends. acceptance of these terms by all hold of existing Bills and Notes. A further announcement will be.made shortly regarding procedure 10 be adopted relation. to endorsement of new terms on the existing Bills and Notes id the istic of new coupon sheets, Kuo Min,
Text read from the printed page and cleaned; old type leaves the occasional error.