Serial No.. From or to Whom, Despatch No., &o., and Date.
iii
Subject and Page No.
30
17 The High Commissioner,
Confidential
4th April (Rec. 4h May)
Concurs with view that Government of the Federated Malay States, as largest individual Ordinary Share- holder and holder of the Preference Shares, ade- quately represents interests of the Ordinary Share- holders
49
18 The High Commissioner,
Confidential
15th July (Rec. 10th August)
States that it is not desired to retain Messrs. Preece, Cardew, and Rider to give technical advice on the progress of the Company
49
1932
1931
14 The Perak River Hydro- Electric Power Co., Ltd.
7th January
Acknowledges No. 13 and states that the Board accept the proposed scheme of arrangement and submits observations thereon
45
25 The High Commissioner,
Telegram
10th December (Rec. 10th December)
15
13th January
Note of points in connexion with Prior Lien issue and reconstitution of Board of Directors provisionally agreed at a meeting between Mr. Balfour, Mr. Shearer, Mr. Leonard and Mr. Bamford
46
16 Mr. E. St. J. Bamford (Trade Facilities Act Ad- visory Committee) to Sir G. Grindle (Colonial Office)
16th January
***
...
Transmits copy of a note of arrangements and a letter from Mr. Balfour and of Counsel's Opinion regard- ing the Prior Lien Debenture Stock
47
26 To Messrs. Burchells
21st December
27 Treasury
22nd December
1932
19 The Perak River Hydro-
Electric Power Co., Ltd.
7th July
20 Treasury
8th July
21 23rd September
22 To the High Commissioner,
Confidential 27th September
Requests that the approval of the Federated Malay States Government be obtained for the acquisition by the Company of the electricity generating station of the Malayan Tin Dredging Company together with the transmission lines connecting their property with that of the Southern Malayan Tin and Dredging Com- pany. Transmits copy of a letter to the Treasury applying for consent to borrow the necessary money against the deposit of additional Prior Lien Deben- ture Stock as security
Statee Their Lordships are disposed to sanction pro posals in No. 19 aubject to the consent of Sir Philip Cunliffe-Lister on behalf of the Federated Malay States Government
Memorandum by Mr. C. W. H. Cochrane submitting observations on the purchase of the Malayan Tin Dredging Company's Steam Power Station by the Perak River Hydro-Electric Company
Transmits copy of No. 22 and states that it seems clear that the proposed arrangement is in the interest of the Company and ultimately in the interest of the Federated Malay States and requests approval
א2
To the High Commissioner.
Telegram No. 210
22nd December
29
The High Commissioner,
Telegram, Secret, 31st December (Rec. 31st December)
States reasons why it is considered unwise for the Com- pany to purchase the Mulayan Dredging Station and inquires if the Treasury would be willing to grant moratorium in respect of interest and Sinking Fund on guaranteed debentures if funds of the Coinpany should prove inadequate. Further states that, if it is considered that the Company will be able to carry on without raising Prior Lien Debentures beyond the present authorized limit. opposition will be with- drawn
Requests that the High Commissioner might be advised on certain questions raised in the enclosures in No. 24
Considers that the proposals set out in No. 20 should be carried through and that the Company should be enabled to operate without a further issue of Prior Lien Debentures in excess of £400,000 provided that operations can be continued until the end of the moratorium period in 1937 when the whole position must be reviewed. State conditions under which Their Lordships will be prepared to meet under Their guarantee the annual Sinking Fund payments
Summarizes arrangements proposed by Treasury for acquisition of Malayan Tin Dredging Station and urges acceptance...
States, in reply to No. 28, that the suggested arrange- ments will not be opposed provided that it is con- sidered that they will enable the Company to survive and that they will not legally or financially prejudice the position of the Government...
85
05
66
67
68
1933
50
30 Mesars. Burchells... 2nd January
Furnishes opinion on matters submitted in No. 26
68
31 To Treasury
***
6th January
52
In reply to No. 27 states that the Secretary of State is prepared to assent, on behalf of the Government of the Federated Malay States, to proposals submitted in No. 20
69
52
32
To the Perak River Hydro- Electric Power Co., Ltd.
12th January
Conveys, in reply to No. 19, approval of the acquisition of the electricity generating station and the trans mission lines
69
53
33
23 The High Commissioner,
Confidential
21st October (Rec. 8th November)
Objects to Company's proposals set out in No. 19 for reasons stated and submits memoranda by the Acting Treasurer and the Legal Adviser on detailed points of finance and law involved
To the Perak River Hydro. Electric Power Co., Ltd.
Transmits for consideration points raised in No. 24
regarding titles in respect of inundation area
70
25th January
54
24 The High Commissioner,
No. 713...
3rd November (Rec. 28th November)
Submits and concurs in memoranda prepared by the Legal Adviser regarding Company's land titles, &c., and in view of possible conflict of interests of Treasury and Federated Malay States Government, urges that legal opinion be taken as to position in event of capital reconstruction of Company or forced 'sale of its esets. Also asks that Company be addressed with regard to titles for inundation ares...
34 To the Trade Facilities Act
Advisory Committee.
25th January
57
35 To the High Commissioner.
No. 30
25th January
Transmits copies of memoranda enclosed in No. 24 and regrets that in the circumstances an undertaking regarding the assent of the Federated Malay States Government to sale or assignment of the Company's Concession cannot be given
...
Acknowledges No. 24 and transmits copies of Nos. 26,
30. 33, and 34
***
70
71
PUBLIC
RECORD OFFICE
Reference :-
TIC.O.882/12
PUBLIC RECORD OFFICE, LONDON
ALLY WITHOUT PERMISSION OF THE BE REPRODUCED PHOTOGRAPHIC- | COPYRIGHT PHOTOGRAPH-NOT TO|
Serial No. From or to Whom, Despatch No., &c., and Date.
1933
36 The High Commissioner,
Confidential
31st March (Rec. 24th April)
iv
Subject and Page No.
Transmits copy of letter from the Malayan Collieries, Limited, asking that limitation of legal rights of the Power Company as set forth in Concession Agreement dated 5th November, 1926, be strictly enforced so that rights of public, which it was intended to preserve, ahould not be infringed
Comments on enclosure in No. 36
71
37 The High Commissioner,
Confidential
22nd April (Reo. 22nd May)
75
38 To the High Commissioner,
Confidential (4)
20th July
In reply to Nos. 36 and 37 states it would appear suffi- cient, for reasons given, to inform the Malayan Collieries, Limited, that all the points raised in their letter have been considered
76
39 Mr. J. H. E. Woods (Trade
Facilities Act Advisory Committee) to Mr. J. A. Calder (Colonial Office)
21st July
States that Company will be unable to meet forthcoming interest payments on guaranteed loan and have suggested Treasury subsidy. A6
AD alternative Treasury have proposed that unutilized balance of Prior Lion issue might be drawn upon
77
19 Mr. H. A. M. Hutber (Trade Facilities Act Advisory Committee) to Mr. G. E. J. Gent (Colonial Office)
8th August
States that it was ultimately decided not to utilize the balance of the Prior Lien money and that the amount in question was accordingly made good by Treasury...
77