90. 17.

16:15

BRITISH EMBASSY TAUNG

17

International

Taiwan-listed Pacific Electric Wire & Cable Co. has

Conrad buy a 50% stake (3830 million) n Hotel in Pacific Pince.

LO

(HK Economic Times 89/3)

Taiwanese investors have paid $288 million for around 15.5% stake in HK's Dao Hang Holdings which owns the Dao Hang Bank and the Hang Lung Bank.

(HK Economic Cournal 89/11)

locally-listed

Exsplice Industries of Taiwan has purchased company "Singapore Hong Kong Properties Investment" for $123 million.

of Taiwan hog

purchased

yau Fry Group locally-listed Ming Ran for about $60 million.

30%

stake

(HK Economic Journal 50/5)

Walt Disney has opened its Asia-Pacific headquarters in

base to expand ite retailing operations. (SCMV 29/7/

A1

A

regional

Littlewoods,

one

**

UK's

regional buying offica in HK.

has major retailers,

set us (HK Standard 89/10)

Ralocation of regional headquarters to XX has been reported by the following companies:

Hayes Microcomputers McDonnel Douglas (USA)

(USA)

from Singapore from Shangnai

(Industry Dept. 3.

Howden group of UK, a specialist engineering company

on

oncentrates

from machinery to food packaging, has established an Asian baza in HK.

variety of niche markets

GALRG

sritish AlZWAYS

has movód its regional

{

headquartars

ingapore to` XX.

(HK Economic Journal 89/12)

US-based environmental service firm Waste Management setting up its regional headquarters in HK.

Drages at Travaux Publice has set up a separate HK company

(3CM 90/21 ndle its local operatione.

Texas Instruments Ine of the US has chosen HK for its first a variety of parta and ovezanas procurement office to source a variety Asambted goods.

Siemens is setting up a buying office an HK..

(KK Economic Times 90/31

transportation

firr.

Danzas croup, a Skipa-based freight plans to expand operations in HK and Asia-Pacific region.

trom San

expected

**

༤༢༡༣།

be

Bank of America will move its Asian headquarters Francisco

XX. to

The new head office is open in June 1990.

10

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