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MOLIAN 2258

IN

PHILIPPINES AS WELL AS HONG KONG, THE MAIN PURCHASING DECISIONS WOULD BE MADE HERE, LARGELY BY GORDON WU AND ELLIOTT THEMSELVES. COMPANIES THEREFORE SHOULD MAKE A STRONG TWO-PRONGED APPROACH, HONG KONG AS WELL AS THE COUNTRY OF THE PROJECT. I AM ANXIOUS THAT WE SHOULD CO-ORDINATE WITH THE EMBASSIES IN THE OTHER COUNTRIES CONCERNED, PARTICULARLY BANGKOK AND MANILA, TO ENSURE A UNITED EFFORT. GORDON WU STRESSED THAT THEY WERE ONE OF THE MORE CASH-RICH COMPANIES IN HONG KONG WITH POUNDS (SIC) 400 MILLION IN THE BANK, AND EMPHASISED THAT THEY HAD THE RESOURCES TO TAKE ON THESE PROJECTS.

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