Annex E

Tentative Timetable for the Reconstitution

of the Board of the Hong Kong Futures Exchange (HKFE)

and strengthening of the risk management system

(as envisaged by the HKFE)

July 1988

August

September

October

The management and the board of directors of

the HKFE to draw up proposals for amending the

Memart.

The Commodities Trading Commission to consider

the proposals.

Submission of proposals to ExCo for

consideration.

The board of directors of the HKFE to endorse

the amendments to Memart and to commend them

to members.

The HKFE to hold an Extraordinary General

Meeting (EGM) to consider and to adopt the

reconstitution proposals.

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