CONFIDENTIAL FM HONG KONG
TO PRIORITY FCO
TELNO 1527
OF 25040OZ APRIL 88
CONFIDENTIAL
НКС 105
COPY
Q DIST ? 8
126043
MDLIAN 2271
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YOUR TELNO 962: EXCHANGE FUND ORDINANCE APPROVED INVESTMENTS
1. A HACTL BOARD MEETING HAS BEEN ARRANGED FOR 27 APRIL 1988 AT WHICH THE QUESTION OF SHAREHOLDERS' LOANS WILL BE REVIEWED IN THE LIGHT OF YOUR COMMENTS. IN ADDITION, WE ARE ALSO CONSIDERING THE DEFINITION OF SECURITIES.
2. WE WILL REVERT IN DUE COURSE.
WILSON
YYYY
ΜΑΙΝ
21
MINIMAL
HKD
NNNN
DISTRIBUTION
21
ERD
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