THURSDAY, FEBRUARY 14, 1985
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FUNDS HELD BY THE OFFICIAL RECEIVER AT THE END OF 1984 TOTALLED $426 MILLION, AN INCREASE OF OVER 90 PER CENT AS AGAINST $232 MILLION AT THE END OF 1983.
TOTAL DIVIDENDS PAID BY THE OFFICIAL RECEIVER DURING 1984 AMOUNTED TO $15.7 MILLION IN 144 INSOLVENCIES, AS AGAINST $29 MILLION IN 109 INSOLVENCIES IN 1983. THE DIFFERENCE IN THE 1983 AND 1984 FIGURES IS ACCOUNTED FOR BY THE PAYMENT OF THE TSE LEE YUEN FIRST INTERIM DIVIDEND OF $18 MILLION IN DECEMBER 1983.
NOTABLE COMPANY FAILURES DURING 1984 INCLUDED THE EACA GROUP OF COMPANIES, THE GOODYEAR GROUP OF COMPANIES, N AND J INTERNATIONAL LTD, BYLAMSON AND ASSOCIATES (ENTERPRISES) LTD, J OSAWA AND CO. (HONG KONG) LTD, BEDFORD INSURANCE CO. LTD, ALLIED FOOD INDUSTRIES (FAR EAST) LTD, WING KEE CO. LTD, THE MILLIES GROUP OF COMPANIES, AND DEAK-PERERA FAR EAST LTD.
MR GLEESON PRAISED THE PROFESSIONAL AND OTHER STAFF OF THE OFFICIAL RECEIVER'S OFFICE +WHO WERE COPING BRAVELY WITH A VERY DIFFICULT SITUATION+.
STAFF HAD BEEN REDEPLOYED FROM OTHER DIVISIONS OF THE DEPARTMENT BUT THIS FELL FAR SHORT OF WHAT WAS REQUIRED TO DEAL WITH THE PRESENT VOLUME OF INSOLVENCIES, HE SAID.
CANDIDATES PLATFORMS ON DISPLAY ****
COLOURED PHOTOGRAPHS AND PLATFORMS OF THE 21 CANDIDATES CONTESTING SEATS ON THE WAN CHAI DISTRICT BOARD HAVE BEEN PUT ON DISPLAY AT THE DISTRICT OFFICE.
ON SHOW ALSO ARE A CONSTITUENCY MAP, AND A LIST OF POLLING STATIONS AND VOTING SLOGANS.
WAN CHAI DISTRICT OFFICER, MR LAM KAM-KWONG, SAID THAT THROUGH THE PUBLICITY DISPLAY WINDOW, WAN CHAI RESIDENTS WOULD HAVE A CLEARER PICTURE OF ALL CANDIDATES AND WOULD BE CONSTANTLY REMINDED OF THE ELECTIONS.
+AS THE DISTRICT OFFICE IS SITUATED AT THE HEART OF BUSTLING HENNESSY ROAD, THE DISPLAY WINDOW WILL SERVE AS AN IDEAL PUBLICITY VENUE, HE SAID.
APART FROM THE SHOW WINDOW DISPLAY, PUBLICITY ACTIVITIES TO BE LAUNCHED BY THE DISTRICT OFFICE IN THE COMING WEEKS INCLUDE A DISTRICT ADMINISTRATION VARIETY SHOW, AN EXHIBITION, ERECTION OF PUBLICITY BLOCKS, PANELS AND BANNERS, FORUMS FOR CANDIDATES, A TRAMS PARADE AND THE DISTRIBUTION OF NEWSPAPER SUPPLEMENTS.
+RESIDENTS SHOULD EXERCISE THEIR CIVIC RESPONSIBILITY AND CAST THE IR VOTES ON MARCH 7,+ MR LAM ADDED.
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