CONFIDENTIAL
(F) GOVERNMENT NOW OWNS THE HANG LUNG BANK AND THE OVERSEAS TRUST BANK (AND THEIR SUBSIDIARIES). GOVERNMENT'S CLEAR AND EXPRESS MINTENTION IS TO SELL THEM BACK TO PRIVATE HANDS AT THE HIGHEST POSSIBLE PRICE. THMING HIS A MATTER OF GOOD COMMERCIAL JUDGEMENT.
YOUDE
YYYY
COPIES TO:-
MINIMAL
HID
HONG ITONG GOUT OFFICE
LONDON
-2-
CONFIDENTIAL