FRIDAY, DECEMBER 28, 1984
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ENQUIRIES INTO SHARE PRICE MOVEMENTS
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THE OFFICE OF THE COMMISSIONER FOR SECURITIES AND COMMODITIES TRADING IS CONTINUING ITS ENQUIRIES INTO THE RECENT MOVEMENTS OF THE SHARE PRICE IN INDUSTRIAL EQUITY (PACIFIC) LIMITED.
CONTRACTS AWARDED FOR TWO MARKET COMPLEXES
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TWO CONTRACTS WERE AWARDED TODAY BY THE BUILDING DEVELOPMENT DEPARTMENT-ONE FOR CONSTRUCTION OF THE SUPER-STRUCTURE OF THE LOCKHART ROAD MARKET COMPLEX, AND THE OTHER FOR PILING WORK FOR THE SHUI WO STREET MARKET COMPLEX IN KWUN TONG.
THE $28.3 MILLION LOCKHART ROAD MARKET COMPLEX CONTRACT WAS SIGNED BETWEEN THE PRINCIPAL GOVERNMENT ARCHITECT, MR JOSE LEI AND DIRECTOR OF JOHN LOK AND PARTNERS LIMITED, MR HARDY LOK. THE $1.5 MILLION PILING CONTRACT FOR THE SHUI WO STREET MARKET COMPLEX WAS SIGNED BETWEEN MR LEI AND CONTRACTS MANAGER OF GAMMON (HONG KONG) LIMITED, MR JAMES LAW.
ALSO PRESENT AT THE CONTRACT SIGNING WERE THE CONSULTANT ARCHITECT, MR W.N. CHUNG THE DEPUTY DIRECTOR OF URBAN SERVICES, MR MICHAEL SUEN AND THE CHAIRMAN OF THE CAPITAL WORKS SELECT COMMITTEE OF THE URBAN COUNCIL, MR AUGUSTINE CHUNG.
THE LOCKHART ROAD MARKET COMPLEX WILL BE 12 STOREYS HIGH AND WILL REPLACE THE OLD LOCKHART ROAD MARKET.
THE FIRST FOUR FLOORS WILL HOUSE A 300-STALL MARKET AND
A COOKED FOOD CENTRE OF 20 STALLS. EACH FLOOR WILL BE INTERCONNECTED BY ESCALATORS AND LIFTS FOR CONVEYANCE OF PEDESTRIANS AND GOODS.
OTHER FACILITIES WILL INCLUDE A PUBLIC LIBRARY FOR ADULTS AND CHILDREN. A COMPUTER CENTRE FOR THE URBAN SERVICES DEPARTMENT, ACCOMMODATION FOR GOVERNMENT OFFICES, A MULTI- PURPOSE INDOOR GAMES HALL, TWO ROOMS FOR TABLE-TENNIS, DANCING AND GYMNASTICS, AND TWO SQUASH COURTS.
IN ADDITION, THERE WILL BE A REFUSE COLLECTION POINT ON THE GROUND FLOOR.
WORK WILL START NEXT MONTH AND BE COMPLETED BY MID-1986.
PILING WORK FOR THE NEW MARKET COMPLEX AT SHUI WO STREET, KWUN TONG WILL ALSO START NEXT MONTH.
THE COMPLEX WILL RISE NINE STOREYS ABOVE A 1 660 SQUARE METRE SITE, AND WILL PROVIDE 11 600 SQUARE METRES OF FLOOR SPACE ON COMPLETION IN LATE 1987.
OTHER FACILITIES WILL INCLUDE A COOKED FOOD CENTRE OF 20 STALLS, A LIBRARY AND A STUDY ROOM, OFFICE ACCOMMODATION, A MULTI-PURPOSE SPORTS HALL, THREE SQUASH COURTS AND A GAMES ROOM.
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