The interest of Sun Hung Kai Properties Limited. disclosed above have already been included in the

interest disclosed by Messrs. Walter Kwok Ping

Sheung and Raymond Kwok Ping Luen.

董事會報告書 REPORT OF THE DIRECTORS

新鴻基地產發展有限公司之上述權益已包括在 郭炳湘先生和郭炳聯先生公開之權益內

Purchase, Sale Or Redemption Of

The Company's Listed Securities

No purchase, sale or redemption of the Company's

own shares was made by the Company during the

year.

Bank Loans, Overdrafts And Other Borrowings

Particulars of bank loans, overdrafts and other

borrowings of the Company are set out in Note 17 on

the accounts.

Financial Summary

A summary of the results and of the assets and liabilities of the Company for the year ended 31st December, 1992 and for the previous five financial years are set out on pages 4 and 5.

Auditors

KPMG Peat Marwick retire and, being eligible, offer themselves for reappointment.

By Order of the Board

PC Woo

購回、出售或贖回本公司之股份

本年度內本公司並無購回、出售或贖回本公司 之股份。

銀行借款、透支及其他借款

本公司向銀行借款、透支及其他借款之詳情, 載於賬項附註十七。

財政匯告

本公司截至一九九二年十二月三十一日止年度 與前五個財政年度之業績、資產及負債撮要刊 於第四頁至五頁。

核數師

畢馬域會計師行告退,但依章得候聘復任。

Chairman

Hong Kong, 15th April, 1993

承董事會命

主席

胡百全

香港一九九三年四月十五日

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