CC: Members of the Steering Group 30/11/73
PRIVATE & CO
NIKAL
20th July, 2073
The lion. C.P. Vedder-Cava, C.l.C., JaPas
Financial Sacrátary,
Colontul Secretariat,
HONGKONG
fear Me Haddesi-Gara,
MASS TRANSIT RAILWAY
Furtiver to jer S.P.T.B. Levarta letter of dis 7th July edvicing you that tha British Group intend to fora a epociah Cospaly, wo have today received a further statement on this free: the Dritich Group phích reuds as follows:-
"The separate Coopany to be formed in liong Kong by the Civil Consortium and GEC to accept the amitract for stugas 1-4 of the Mass Transit Schans will provids the Mass Transit Authority with one legal entity to deal with ot all neccets of the contract taluding ovezali porkonAKARTA Į the provision of all equipsent supplies, payment chalua wunder the contract from kisa Company to the Mass Tranzit Authority, default clains, if any, under the contract fro
Te liabilitics tho Mase Transit Authority to the Company. of the liong Nong Company in relation to the performance of the total contruct vill to discharged by that Ccepany to the Maza Transit Authority and if so required by tho Tass Tryambit Authority theses liabilities could be guaranteed to that Company by GBC for the N, and E. supply and installation, and by the Civil Consortium for civil workait
Should you requiro further information from the British Group to vill bo pleased to obtain it for you.
Yours sincerely,
ル
for Douglas Clague