0.0200
from H.K.
EXCED 20
FOR COGINS & POM ASTON
ECG)
R
101
EPEATED, SEPARATELY, TO 971 FOR GLAVES-SMITH (OPG) AND MIS, VELO
(CRED) AND TO PCO FOR STUART CHKIOD) AND FINLAYSON CIPO)
ATS -COUITY CONTRIBUTION
-1=XR21/4
1.
REP PARA 23 OF YOUR RECORD OF MEETI 43.
ва
17. Geflfellow
2.
AT REQUEST OF LAZARDS, LEVER HAS SOUGHT CLARIFICATION OF
HONG KONG GOVERNMENT INTENTIONS ON FINANCIAL CONTRIBUTION. HE
HAS BEEN TOLD THAT EQUITY PARTICIPATION OF DOLLARS 1,500 MILLESA
MENTIONED BY HADDON-CAVE IS INTENDED FOR THE FULL SYSTEM.
3.
FOR THE FIRST FOUR STAGES THERE WILL BE
A)
DOLLARS 500 MILLION EQUITY IMMEDIATELY AVAILABLE TO
RE DRAWN DOWN AS AND WHEN PECUIRED BY THE MTS.
3)
DOLLARS 300 MILLION EQUITY WHEN REQUIRED ALTHOUGH IT
IS NOT THOUGHT LIKELY TO BE PEQUIRED UNTIL SAY YEAR
THREE.
VALUE OF CROWN LAND ASSIGNED TO THE CORPORATION AND
PRE-CONTRACT EXPENSES.
4.
L'DEN OF THE DOLLARS 1,500 MILLION CLE, DOLD*P* 700
KILLION) ¿D VALUE OF FURTHER LAND WOULD WE CONTRIKUTEL PEPEST-CTAUN
FOUR PHASE FOR WHICH IDEAS ON FINANCING ARE STILL ONLY PROVISADHAL.
NOT YET DECIDED WHETHER TO:-
ASTON.
#
A
C)
CAPITALIZE ADDITIONAL EQUITY THEMSELVES AND RETAIN
IT ALL OR
SELL THE ADDITIONAL EQUITY TO PURLIC AFTER FLIST
REISSUING IT THEMSELVES, OR
OFFER IT STRAIGHT TO THE PUBLIC.
LONDAM