10
Franchise/ Franchisee
Type of franchise
III. Existing Franchises which do not straddle 1997
Date of grant/extension
Expiry Date
Remarks
Chinese interests
a)
Granted before 1984
HK
Electric
∞.
Itd. (HEC)
Scheme of Control Agreement (SCA) far
1. 1.1979
31.12.1993
1991
15 years
Hang
Kang
A 20-year franchise
Telephone Co. Ltd.
to provide local voice
telephone
service
+ Chứ
side have not been informed.
1. 7.1975
30. 6.1995
(The
SCA that
can
provides negotiations
start 3 years before expiry; negotiations with HEC commenced in March 1992 for a 15 year extension. It
should
→
be
completed in early
1993.
HKG has decided to issue
non-exclusive
licence to Telco to take effect from 1.7.1995
CITIC has 20% shareholding in Kang
Hang
Telecommunications Ltd., the parent
company of Telco.