AP-MAR-1997 19:47
GOVERNMENT SECRETARIAT.
Sir Yue-kong PAO
852 521 7458
P.42
Age: 72
Principal Title : Former Chairman, Wharf Holdings
Estimated Wealth: HK$ 11.5 billion
Distribution of Asacta A
Sir Yue-kong holds 70% of World International, 14% of
Standard Chartered Bank of Britain (ownership of which has
been transferred to his daughters), 80% of Universal
Overseas Trading Co. and 72% of Worldwide Shipping Agency.
In addition, he is also a major shareholder of Kowloon
Wharf, Hang Seng Bank and other private properties.
CONFIDENTIAL