FRIDAY, JULY 6, 1984
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SHARE DISCLOSURES ****
THE CHAIRMAN OF THE COMMITTEE ON TAKEOVERS AND MERGERS UNDER RUKE 29 OF THE HONG KONG CODE ON TAKEOVERS AND MERGERS ADVISES THAT, IN CONNECTION WITH THE CURRENT OFFER BY FIRST PACIFIC HOLDINGS LIMITED TO ACQUIRE THE ISSUED SHARE CAPITAL OF FIRST PACIFIC FINANCE LIMITED THAT THE FOLLOWING DISCLOSURES HAVE BEEN MADE TO HIM:
(1) FIRST PACIFIC H.K. SECURITIES LTD PURCHASED ON
3RD JULY 1984 26 000 SHARES IN FIRST PACIFIC HOLDINGS LTD AT $2.70 PER SHARE.
(2) MR MANUEL V. PANGILINAN PURCHASED ON 4TH JULY 1984 2 000 SHARES IN FIRST PACIFIC HOLDINGS LTD AT $2.75 PER SHARE.
TEMPORARY FERRY TERMINAL PLANNED
***
PREPARATIONS ARE BEING MADE FOR THE OPENING OF A TEMPORARY FERRY TERMINAL IN SHA TIN WHICH WILL PROVIDE FACILITIES FOR FERRY SERVICES BETWEEN HONG KONG AND THE BEACH RESORT OF DA MEISHA AND XIAO MEISHA ON THE NORTHERN SHORE OF MIRS BAY.
THE HK AND YAUMATI FERRY COMPANY HAS EXPRESSED INTEREST IN OPERATING THIS ROUTE, ALTHOUGH IT HAS YET TO MAKE A FINAL DECISION.
THE TEMPORARY FERRY TERMINAL WILL BE READY FOR USE LATER THIS MONTH OR EARLY IN AUGUST AND WILL SERVE THE TRAVELLING PUBLIC UNTIL AT LEAST 1988 WHEN THE PERMANENT PIER AT MA LIU SHUT IS COMPLETED.
AMENDMENTS TO THE SHIPPING AND PORT CONTROL (HONG KONG - CHINA AND MACAU FERRY TERMINALS) REGULATIONS ARE PUBLISHED IN THE GAZETTE TODAY TO ADD THIS PIER TO THE SCHEDULE OF TERMINALS WHERE VESSELS CAN BE CHARGED BERTHING FEES FOR USING THE TERMINAL FACILITIES.
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