PS/Mr Blaker

AKK 121/10

RECEIVED IN REGISTRY NO. 51

0 2 FEB 1981

pa

DESK OFFICER INDEX

REGISTRY

PA

Action Taken

MR OWEN OYSTON

1.

1

Mr Allitt's letter of 27 Ianuary. Mr Blaker could

Qur

suggest that Mr Oystorings Mr Peter Wise (Trade Commissioner) in the Hong Kong Government Office on 01 499 9821 (I have warned Mr Wise).

2. In general comment Mr Blaker could say that the film idea looks quite promising; the Run Run Shaw studios produce many English language films for export. The mortgage finance project is certainly worth pursuing. There is a good deal of outward Hong Kong investment in property-related ventures. Whether institutions would be interested in this venture would, of course, depend on the terms, profitability, etc.

Mr Wise can advise Mr Oyston on contracts. I do not therefore think Mr Blaker need go into any detail on that.

3.

Blip

29 January 1981

R D Clift

Hong Kong and General Department

Thank you.

Spoke to M Alle H.

FARB

54/1.

2

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