Press Release: Grupo Sidek, S.A. de C.V.
October 6, 2000
GUADALAJARA, Mexico -- Grupo Sidek, S.A. de C.V. (OTC Bulletin Board: GPSAY GPSBY) yesterday announced a report
regarding assets sales from September 1, 2000 to September 30, 2000, pursuant to its obligations under the restructuring
agreements entered into with Sidek Creditor Trust:
ASSETS SALES REPORT
FROM SEPTEMBER 1, 2000 TO SEPTEMBER 30, 2000
(Figures in US$ thousands)
Assets with Reorganization Sales Reorganization
Value higher than USD$5,000 Value Value
I. Hotels 0 0
II. Real Estate 0 0
III. Marinas and Golfs 0 0
IV. Other 0 0
Subtotal 0 0
Assets with Reorganization Value
less than USD$5,000
Subtotal (transactions) 3,257 N.A.
Total 3,257 N.A.
NA / Not available.
SOURCE: Grupo Sidek, S.A. de C.V.