T

EGRAPHIC ADDRESS:

THESON LONDONEC 3

FACSIMILE: 071-623 5024

ELEX: 8953378 MANDCO

Í ELEPHONE: 071-528 4000

STRICTLY PERSONAL

Matheson & Co. Ltd

3 Lombard Street

London EC3V 9AQ

سعد

in stable

M

Deter

5 February 1992

I Coles Ste 4 Burns

Copy que

Sir

ith fox thi

with Brondtenk, ican Adviser.

Sir C. was reasonally hopeful Hal Hir problem cod de managed. I am

for him to see

Arranging

fee lard

lord Couthness.

When we had a word this morning, I promised to send you a copy of my personal letter to Hamish Macleod about the listing issue. I enclose it with this letter. I should be grateful if you would not mention to Hamish or others that I have sent you a copy. I deliberately made it 'Strictly Personal' so that the SFC would not receive a copy and accuse me of going behind their backs. In essence the letter sets out our objections to a proposal, which I know the SFC are discussing, to require a second shareholder vote before a company could de-list from a secondary listing in Hong Kong. I very much hope that the idea will not come forward, because it could derail the solution reached in harmony with the Hong Kong Stock Exchange and that would be a great pity. At the least you might find it helpful to have in your mind the arguments in the letter.

As I said, I would be very grateful if Malcolm Caithness could find half an hour for a talk before he goes to the Far East, and would very much like to combine that with a chat with you, if convenient.

enr

Роллы

Peter Ricketts Esq

Hong Kong Department

Room WH307A

Foreign and Commonwealth Office

King Charles Street

LONDON SW1A 2AH

میشود

CHARLES POWELL

REGISTERED OFFICE 3 LOMBARD STREET LONDON EC3V DAQ REGISTERED NUMBER 100295 ENGLAND

Share This Page