Organization

The "Listing Applicant" is capitalised but not defined in this announcement. It was almost certainly UCL Group Ltd, of which the "relevant directors" were directors and which Oriental Patron Asia Ltd sponsored. The Initial Auditors were Ernst & Young, in the prospectus dated 31-Oct-2002. That IPO was aborted "in view of the prevailing market conditions". Apparently UCL then re-applied in Feb-2003 with the New Auditors.