FRIDAY, NOVEMBER 7, 1975
GOVERNMENT APPOINTS DIRECTORS ON
KMB AND CMB BOARDS
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THE APPOINTMENT WAS ANNOUNCED TODAY OF THE GOVERNMENT'S DIRECTORS TO SERVE ON THE BOARDS OF HONG KONG'S TWO MAJOR BUS COMPANIES KMB AND CMB.
THEY ARE THE SECRETARY FOR THE ENVIRONMENT, MR. JIM ROBSON AND THE SECRETARY FOR ECONOMIC SERVICES, MR. DEŘEK JONES. THE APOINTMENTS WHICH HAVE BEEN MADE BY THE GOVERNOR TAKE EFFECT FROM TODAY (FRIDAY).
IT WAS ANNOUNCED LATE LAST YEAR THAT THE GOVERNMENT WOULD SEEK TO HAVE DIRECTORS ON THE BOARDS OF THE TWO COMPANIES WHEN NEW FRANCHISES FOR KMB AND CMB WERE GRANTED THIS YEAR.
THE MOVE ENABLES THE GOVERNMENT TO PARTICIPATE DIRECTLY IN THE DECISION-MAKING OF THE COMPANIES, AND THE MAJOR RESPONSIBILITY OF THE GOVERNMENT DIRECTORS IS TO REPRESENT THE PUBLIC INTEREST RATHER THAN THAT OF THE SHAREHOLDERS.
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PROVISION FOR THE APPOINTMENT OF THE DIRECTORS WAS EMBODIED IN THE PUBLIC OMNIBUS SERVICES BILL WHICH WAS PASSED BY THE LEGISLATIVE COUNCIL ON AUGUST 13.
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IN FACT, IT WAS ONE OF A NUMBER OF PROVISIONS APPROVED TO GIVE THE GOVERNMENT FAR GREATER POWERS OF CONTROL OVER THE OPERATIONS OF THE BUS COMPANIES TO IMPROVE THEIR SERVICES.
S.W.D. COOK RETIRING
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NOTE TO EDITORS:
A COOK, MR. SHAM SHING, WHO HAS BEEN WITH THE SOCIAL WELFARE DEPARTMENT FOR MORE THAN 18 YEARS WILL RETIRE TOMORROW (SATURDAY). TO MARK THE OCCASION, HE WILL BE PRESENTED WITH A WATCH AS A FAREWELL GIFT FROM HIS COLLEAGUES AND FRIENDS IN THE DEPARTMENT.
THE PRESENTATION WILL BE MADE BY MR. MAK WING-HONG, THE HEAD OF THE PROBATIONS AND CORRECTIONS DIVISION, AT THE O PUÍ SHAN BOYS HOME WHERE MR. SHAM HAS BEEN WORKING.
MR. SHAM JOINED THE DEPARTMENT IN 1959 AND HAD WORKED IN THE RELIEF SECTION BEFORE BEING POSTED TO THE PRESENT POSITION FROM WHICH HE IS RETIRING.
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