}

BRITISH FE

16

Local Can

Miguel Brewery

spending $400

expansAON

Boost production Cupa

about cy by

ล Shird

ve years.

SAMP

¿

Some

Vocent

investm

raportad

the by

Industry

Department ancluded:

Daiwa Stool (Japan)

Multiform

(Australia)

3M

USA'

Advanced Semiconductor

(Europe/Singapore/HK)

PHP Steel (Australia)

(US$ (uss 6.4 million)

(USS 1.2

1.2 million) USS 4.6 million)

(S$15.0 million) (US$ 4.0 million)

(Industry Dept. 89/101

According

investmen HK$26.2

sources

01

the

in

Industry

1

HK's ranufacturing industries billion in 1588

J

4%

ent,

from

total

MoreLen

amounted

1987.

The

ROCRE

Japan

(Industry Dept. 39/11)

such investments were USA (34% share),

(27) China (128)

China (118) and UK

and UK (N).

OTHER INVESTMENT PROCOORD

million.

Cathay Pacific Airways (CPA) and Swire Pacific have taxen

in 35%

for 5343 Trang Chair scake

Chine Internationa Trust & Investment Corp. (CITIC) which holds 12.5% CPA has further boosted its Dragonair holdings to 28%.

BOVE 20/1

Cathay purchase 400s,

plans to Pacific Airways

$45 spend 45 new aircraft by 1997, including 24 Boeing

Airbus 20

A330-300s and

747-200 one

billion to

747-

(SHR Re

Freighter. earch)

purchase

CITIC will get listed at HK Stock Exchange via the of local Tylfull Investment Co. CITIC has purchased 20% of KK Telecommunications Ltd, for $10 billion.

(SC)P 29/12: 50/

5%

purchased

A

Japanese shipping Giant Mitsu group has #take ($795 million) in Hongkong International Terminals.

(HF Standard 89/5)

Following the purchase by Japan's Dai-ichi Muthal Dife Insurance Co. last April and Meiji Mutual Life Insurance Co.

Hongkong & more recently of a 1% holding respectively in Shanghai Banking Corp., Nippon Life Insurance Co. has purchased a 1% steke in the bank.

also

90/21

J!

GOS

of Japan has taken control of locally-listad Kam Commercial & Industrial Development Co. by purchasing of the company's sharer.

Shant

97.7%

(SCME

90/6)

Page 60Page 61

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