3. I SHALL OF COURSE REPORT ANYTHING FURTHER THAT I CAN FIND OUT

ABOUT KADOORIE'S ATTITUDE TO THE INVOLVEMENT OF ICF IN TH COAL/ELECTRICITY SWAP BUT MUST NOW AWAIT THE ARRIVAL OF THE CHINESE TEAM. WEARING (ICF) AND MILLS (NCB) WERE IN HONG KONG LAST WEEK BUT UNFORTUNATELY LEFT THE DAY BEFORE THE CHINESE REVEALED THEIR WILLINGNESS TO START DISCUSSIONS.

MARCH

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