Monday, October 27, 2008


300 investors who purchased derivative investment products at DBS attended a meeting this morning.
Kam Nai-wai claimed he was told that some investors has reached an agreement with their banks.
"Some banks have approached us and expressed that they do not wish that the case would be brought to courts," he said. "But I personally think that the whole process would speed up if we go to courts."
The Secretary for Economy and Finance, Francis Tam Pak-yuen stated that they have received over 1200 complaints, worth over HK$700 million.

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