?

for

hr. hchan. 39/4

XX

☺ The claim about MOD ordning

an Hing is quite un presented.

130g To нкев

lawyr - capacity

DOT

(2)

© According to DOT, Lan has got rakker <zuiti)

about Amy's which

ar

HOFC 021/29 Horwwuft, fun though they

00 DO T

00 D G I

GR 28:3

art still my

much at Hor development stage & hav run into financial difficultis (derolopment has cost our £2 million alonily) BT. Car

back

given Ht dark gard Rich

CYPHER CAT A

FM B T C HONG KONG 291088Z

CONFIDENTIAL

Saga

Doj

Mr Qugh Vri

bring NO DISTILLHON

нка обост

34/vii

k...

HKG DE

FRED

TA

21Action. Teven

TO IMMEDIATE DOT TELNO CREDA 257 OF 29 AUGUST 1978. AND TO IMMEDIATE D 0 I (FOR FARROW SBP).

FOR CRE4.

Sed 103

MY LETTER C120/1(A) OF 16 AUGUST TO PRISTON: HONG KONG-CANTON

FERRY SERVICE.

EDMUND LAU OF HONG KONG AND YAUMAT! FERRY COMPANY HAS INVITED ME

TO CALL ON THURSDAY AFTERNOON 31 AUGUST TO DISCUSS HOVERMARINE'S

ALLEGED FINANCIAL DIFFICULTIES OVER THE DEVELOPMENT OF THE HM5.

2. EARLIER TODAY THE MANAGING DIRECTOR OF ZUNG FU COMPANY LTD, MIO ARE AGENTS FOR MOTOREN-UND TURBINEN UNION (MTU) ENGINES

WHICH THEY CLAIM IS SPECIFIED FOR THE HMF, TELEPHONED US FOR CONFIRMATION THAT THE MINISTRY OF DEFENCE IS ORDERING AN HM5 FROM HOVERMARINE FOR PATROL DUTIES IN HONG KONG WATERS TO BE FINANCED

25 PERCENT BY HM GOVERNMENT AND 75 PERCENT BY THE HONG KONG

GOVERNMENT. WE WERE UNABLE TO COMMENT.

3. YOU WILL APPRECIATE THAT AS LAU IS ALREADY IN TOUCH WITH ZUNG FU IT IS ESSENTIAL TO HAVE YOUR COMMENTS DESKBY 317128Z .

THERE IS A REAL OPPORTUNITY IN THIS MARKET FOR HOVERMARINE WHICH I AM KEEN TO FOLLOW UP BUT I MUST HAVE THE BACKGROUND TO DEVELOP-

MENTS AT THE UK END.

MARCH

Share This Page