MONDAY, JUNE 15, 1981
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FISHERMAN GETS $70 000 LOAN FOR SHIP REPAIR
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A LOAN AGREEMENT FOR $70 000 WAS SIGNED TODAY (MONDAY) BETWEEN THE DIRECTOR OF AGRICULTURE AND FISHERIES, MR JOHN RIDDELL-SWAN, AND THE SHAU KEI WAN (SHEK MIU) MERCHANISED SMALL LONG LINER FISHERMEN'S CREDIT CO-OPERATIVE SOCIETY.
A CHEQUE FOR THIS AMOUNT WAS PRESENTED BY MR RIDDELL-SWAN TO MR HO NGAU WHO IS ALSO A COMMITTEE MEMBER OF THE SOCIETY.
IT WAS THE 10 000TH LOAN FROM THE FISH MARKETING ORGANISATION LOAN FUND (FMOLF) AND WAS ISSUED TO THE SOCIETY FOR RE-LENDING TO ITS MEMBER, MR HO FOR REPAIRING THE MAIN ENGINE AND REPLACING THE SIDE ENGINE OF HIS VESSEL AND FOR PURCHASING FISHING GEAR.
THE BORROWER IS A LONG-LINER FISHERMAN. IN 1976 HE RECEIVED A LOAN OF $145 000 TO BUILD HIS PRESENT 23.25-METRE LONG-LINER, POWERED BY TWO MARINE DIESEL ENGINES OF 161 H.P. AND 150 H.P.
SINCE ITS INCEPTION IN 1946, THE FMOLF, ADMINISTERED BY THE DIRECTOR OF AGRICULTURE AND FISHERIES, HAS GRANTED 10 000 LOANS AMOUNTING TO $78,2 MILLION TO FISHERMEN FOR THE BUILDING OF FISHING VESSELS, REPLACING AND REPAIRING ENGINES, AND FOR PURCHASING FISHING GEAR AND EQUIPMENT.
TO MARK THE OCCASION, A PLAQUE WAS PRESENTED TO MR HO BY MR RIDDELL-SWAN AND A BANNER WAS PRESENTED TO A REPRESENTATIVE OF THE SOCIETY.
OUR MAN AT THE ROYAL WEDDING
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SIR S.Y, CHUNG, SENIOR UMELCO MEMBER, WILL BE REPRESENTING HONG KONG AT THE WEDDING OF PRINCE CHARLES AND LADY DIANA SPENCER AT ST. PAUL'S CATHEDRAL ON JULY 29.
GOVERNOR'S ANNUAL LEAVE
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THE GOVERNOR AND LADY MAC LEHOSE WILL BE FLYING TO LONDON
ON SUNDAY 21 JUNE FOR THEIR ANNUAL LEAVE. THEY WILL BE RETURNING TO HONG KONG IN MID-AUGUST.
DURING SIR MURRAY'S ABSENCE SIR JACK CATER WILL ACT AS GOVERNOR.
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