10:56     UNIVERSAL HOLD<00419> - Announcement (10)                           

      of fixed assets        47                -                 -            
    -                 47                -                         47          
    Loss on disposal of                                                       
      subsidiaries        836                -                 -              
    -                 836                -                         836        
    Net gain on dilution of                                                   
      interest in an                                                          
      associated company        (14,289        )        -                 -   
            -                 (14,289        )        -                       
    (14,289        )                                                          
                                                                              
                                                                              
                                                                              
    Operating loss before                                                     
      working capital                                                         
      changes        (1,904        )        -                 -               
    (57        )        (1,961        )        -                              
    (1,961        )                                                           
                                                                              
    Decrease in amounts                                                       
      due to associated                                                       
      companies        (91        )        -                 -                
    -                 (91        )        -                         (91       
    )                                                                         
    Decrease in short-term                                                    
      investments        4,605                -                 -             
    -                 4,605                -                         4,605    
    Decrease in inventories        796                -                 -     
            -                 796                -                            
    796                                                                       
    Decrease in trade                                                         
      receivables, preference                                                 
      dividend receivables,                                                   
      prepayments, deposits                                                   
      and other receivables        26,772                -                 -  
                    -                 26,772                -                 
            26,772                                                            
    Decrease in trade payables,                                               
      other payables and                                                      
      accrued liabilities        (12,605        )        -                 -  
                    -                 (12,605        )        -               
            (12,605        )                                                  
                                                                              
                                                                              
                                                                              
    Net cash from/(used in)                                                   
      operations        17,573                -                 -             
    (57        )        17,516                -                               
    17,516                                                                    
                                                                              
    Interest paid        (2,563        )        -                 -           
    -                 (2,563        )        -                                
    (2,563        )                                                           
                                                                              
                                                                              
                                                                              
    Net cash from/(used in)                                                   
      operating activities        15,010                -                 -   
            (57        )        14,953                -                       
    14,953                                                                    
                                                                              
                                                                              
                                                                              
    Investing activities                                                      
    Investment in an                                                          
      associated company        -                 -                 -         
            (49,346        )        (49,346        )        -                 
            (49,346        )                                                  
    Increase in amount due                                                    
      from an associated                                                      
      company        -                 -                 -                    
    (21,652        )        (21,652        )        -                         
    (21,652        )                                                          
    Interest received        36                -                 -            
    2                38                -                         38           
    Purchase of fixed assets        (517        )        -                 -  
                    -                 (517        )        -                  
            (517        )                                                     
    Net cash outflow from                                                     
      sale of subsidiaries        (19        )        -                 -     
            -                 (19        )        -                           
    (19        )