MONDAY, JUNE 14, 1976
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THE SCHEME WILL BE CONTROLLED BY A JOINT COMMITTEE CALLED THE POLYTECHNIC STUDENTS FINANCE COMMITTEE. IT WILL CONSIST OF THE SECRETARY OF THE UNIVERSITY AND POLYTECHNIC GRANTS COMMITTEE AS CHAIRMAN, THREE STAFF REPRESENTATIVES FROM THE POLYTECHNIC, THREE STUDENT REPRESENTATIVES FROM THE POLYTECHNIC CHOSEN BY THEM- SELVES AND AN OBSERVER FROM THE EDUCATION DEPARTMENT.
THE INCREASE IN TUITION FEES FOR FULL-TIME COURSES WILL NOT APPLY TO STUDENTS ALREADY ENROLLED IN THE POLYTECHNIC AND THEY WILL CONTINUE TO PAY THE EXISTING FEE OF $400 PER YEAR UNTIL THEY COMPLETE THEIR COURSE.
HOWEVER, NEW STUDENTS ENROLLING ON FULL-TIME COURSES WILL BE REQUIRED TO PAY $700 FOR THE ACADEMIC YEAR 1976-77, AND BOTH THEY AND NEW STUDENTS ENROLLING IN 1977 WILL PAY $1,000 FOR 1977-78 AND THE SAME IN SUBSEQUENT ACADEMIC YEARS.
PART-TIME COURSE FEES WILL ALSO BE RAISED IN THE 1976-77
AND 1977-78 ACADEMIC YEAR.
A GOVERNMENT SPOKESMAN POINTED OUT THAT TUITION FEES AT THE POLYTECHNIC, AS AT THE UNIVERSITIES, ARE VERY MUCH LESS THAN THE REAL COSTS. EVEN WHEN FULL-TIME FEES ARE RAISED TO $1,000 PER ANNUM, THEY WILL ONLY AMOUNT TO ABOUT 7 PER CENT OF THE ANNUAL COST OF RUNNING THESE COURSES.
GOVERNOR VISITS FACTORY ******
THE GOVERNOR, SIR MURRAY MACLEHOSE, TODAY TOOK A CLOSE LOOK AT HOW ALUMINIUM SHEETS AND ALUMINIUM PRODUCTS ARE BEING MADE IN HONG KONG.
SIR MURRAY SPENT OVER AN HOUR VISITING THE MEYER MANUFACTURING COMPANY AND ITS SISTER FACTORY, THE MEYER ALUMINIUM LTD. IN KWUN TONG.
HE WAS ACCOMPANIED BY THE DIRECTOR OF COMMERCE AND INDUSTRY, MR. DAVID JORDAN, AND THE PRINCIPALS OF THE MEYER GROUP, MR. W.G. CHENG, AND MRS. STANLEY CHENG.
THE MEYER COMPANIES WERE ESTABLISHED IN 1949 BY THE CHENG BROTHERS, WHO OPERATED THE HIGHLY SUCCESSFUL CHIAP HUA GROUP, TO MANUFACTURE FLASHLIGHTS. SUBSEQUENTLY IT PIONEERS INTO ALUMINIUM ROLLING AND A WIDE RANGE OF ALUMINIUM PRODUCTS, INCLUDING THE FAMOUS CHINESE +WOK+.
THE TURNOVER OF THESE TWO COMPANIES IS CURRENTLY $6 MILLION A MONTH.
THE TWO FACTORIES EMPLOY A TOTAL OF ABOUT 550 WORKERS.
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