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FRIDAY, MARCH 15, 1985
THERE WILL NOW BE FOUR ADDITIONAL MEMBERS, REPRESENTING THE MAJOR SUPPLIERS OF HIGH-QUALITY AND SOPHISTICATED TELECOMMUNICATION EQUIPMENT: THE COMPANIES WHICH PROVIDE COMPETITIVE TELECOMMUNICATION SERVICES, SUCH AS PUBLIC MOBILE RADIOTELEPHONE AND PUBLIC PAGING SERVICES THE TELECOMMUNICATION USERS GROUP OF THE HK MANAGEMENT ASSOCIATION, WHO ARE MAINLY BUSINESS EXECUTIVES OF COMPANIES WHICH USE THE EQUIPMENT AND SERVICES AND THE HONG KONG MANUFACTURERS OF TELECOMMUNICATIONS EQUIPMENT.
UNDER ITS TERMS OF REFERENCE, THE TELECOMMUNICATIONS BOARD ADVISES THE GOVERNMENT ON ALL MATTERS AFFECTING THE OPERATION OF INTERNAL AND EXTERNAL TELECOMMUNICATIONS SERVICES IN HONG KONG. IT ALSO CO-ORDINATES CIVIL AND MILITARY TELECOMMUNICATION REQUIREMENTS, PARTICULARLY THE ASSIGNMENT OF RADIO FREQUENCIES AND SITES. AND ADVISES ON THE USE OF ALL RADIO FREQUENCIES IN HONG KONG.
THE SPOKESMAN ADDED THAT THE ADVISORY COMMITTEE ON TELEPHONE SERVICES, WHICH HAS NOT MET SINCE 1977, HAS BEEN DISBANDED. +HOWEVER, SHOULD MATTERS OF SIGNIFICANCE CONCERNING THE TELEPHONE SERVICE ARISE, THEY COULD BE DISCUSSED IN THE TELECOMMUNICATIONS BOARD, HE SAID.
SHARE DISCLOSURE
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THE ACTING CHAIRMAN OF THE COMMITTEE ON TAKEOVERS AND MERGERS UNDER RULE 29 OF THE HONG KONG CODE ON TAKEOVERS AND MERGERS ADVISES THAT, IN CONNECTION WITH THE OFFERS TO BE MADE TO ACQUIRE THE WHOLE OF THE ISSUED SHARE CAPITAL OF WHEELOCK MARDEN AND CO LTD (WHEELOCK MARDEN'), THE FOLLOWING DISCLOSURES HAVE BEEN MADE TO HIM:
WARDLEY LTD ADVISES THAT A TOTAL OF 6 514 744 'A' SHARES IN WHEELOCK MARDEN WERE PURCHASED ON MARCH 14, 1985 ON BEHALF OF THE HONGKONG AND KOWLOON WHARF AND GODOWN CO LTD AT PRICE RANGE OF $7.35 7.40 PER 'A' SHARE,
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