BRIEF-Wharf Holdings Updates On Proposal For Privatisation Of Wheelock

Feb 27 (Reuters) - Wharf Holdings Ltd:

* WHARF HOLDINGS LTD UPDATES ON PROPOSAL FOR PRIVATISATION OF WHEELOCK BY ADMIRAL POWER

* IMPLEMENTATION OF PROPOSAL WILL LEAD TO CHANGE IN SHAREHOLDING OF CONTROLLING SHAREHOLDER OF CO FROM 70.71% TO 47.95%

* AS AT FEB 27, CO IS HELD 70.71 % BY WHEELOCK

* APPLICATION MADE TO STOCK EXCHANGE FOR RESUMPTION OF TRADING IN WHARF SHARES AND DEBT SECURITIES FROM 9:00 A.M. ON 28 FEB Source text for Eikon: Further company coverage: