CONFIDENTIAL

Сс

ile Glaves. Smith Dil

ne Cotterill The

EPD

then

PA

200

GRS 150 PRIORITY

CYPHER CAT/A

FM TOKYO 150001Z

RECEIVED IN

RECIST BY No. 51

17.07

18 SEP 1973

тор

CONFIDENTIAL-

NKK 21/4

COPY

TO PRIORITY FCO TEL NO

841 OF

14 SEPT, 1973

HONG KONG MASS TRANSITSCHEME.

HADDON CAVE GAVE DENMAN THIS MORNING A SHORT ACCOUNT OF THE PRESENT

STATE OF PLAY. HONG KONG GROUP WILL BE CONCLUDING THIS EVENING

A TWO DAY DISCUSSION WITH MITSUBISHI.

2. THEY HAVE BEEN TOLD THAT THE PRESIDENT OF MITSUBISHI WOULD

BE MAKING A SURPRISE APPEARANCE HIMSELF AT THE DISCUSSIONS.

HADDON CAVE THOUGHT IT LIKELY THAT THE RESULT MIGHT BE A PRE-

EMPTIVE JAPANESE BID.

3. WE SHALL TRY AND GET IN TOUCH WITH HADDON CAVE BEFORE HE

LEAVES BUT THIS MAY NOT BE POSSIBLE.

4

HADDON CAVE SAID THAT WHATEVER THEIR JUDGEMENT OF THE

JAPANESE OFFER IT WOULD NOT BE CONSIDERED AS A VALID BID UNTIL

1 OCTOBER OR LATER WHENEVER THE HONG KONG STEERING GROUP HAD

PRONOUNCED ON ITS VALIDITY, AND WE WOULD OF COURSE IN COMMON

WITH THE OTHER BIDDERS BE GIVEN 30 DAYS' NOTICE IF IT SEEMED AN

ACCEPTABLE BID.

WARNER.

FILES

HRIOD

FED

TRED

MA WILFORD

MR. MARSHALL

CONFIDENTIAL

COPIES TO: DTI (CRED) (3)

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