This letter, I hope, now gives you a clear picture од the four companies within the K.S. Li Group relating ownership, management, trade and joint-ventures. Could you please Dow confirm that the K.S. Li Group will be considered as a whole, and classified as а British Undertaking.

Please advise if there is any further information that I can provide in order to assist you.

Yours sincerely

на

Juna

ل

Simon Murray

Enc.

c.c. Mr. K.S. Li

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