E. ESDAY, DECLAREN 18, 1985
→THE IMPROVEMENT IR STANDARDS AS THE RESULT OF THE COMBINED EFFORTS OF THE SPORTS ASSOCIATIONS AND THE JUBILEE SPORTS CENTRE SHOWS THAT HONG KONG HAS ACHIEVED RECOGNITION IN CERTAIN SPORTS AT THE INTERNATIONAL LEVEL, HE SAID, HIGHLIGHTING THE RESULTS OF SEVERAL INTERNATIONAL EVENTS DURING THE YEAR, WHICH INCLUDED THE WORLD CUP SOCCER QUALIFYING MATCH AND THE DAVIS CUP TENNIS TOURNAMENT.
MR HU SAID COACHES, ADMINISTRATORS, AND ATHLETES BOTH LOCALLY AND INTERNATIONALLY HAD BEGUN TO LOOK TO THE JUBILEE SPORTS CENTRE FOR A LEAD AND FOR ASSISTANCE.
HOWEVER, THE PROGRESS WHICH HAD BEEN MADE HAD CREATED PROBLEMS FOR THE CENTRE IN KEEPING PACE WITH A CHANGING AND INCREASED DEMAND, HE NOTED.
MEANWHILE, HE SAID, THE BOARD HAD ACCEPTED PROPOSALS TO ENHANCE A NUMBER OF FACILITIES AT THE CENTRE BUT A DECISION FROM THE GOVERNMENT WAS STILL AWAITED.
+ADDITIONALLY, WORK WILL NEED TO BE UNDERTAKEN IN THE NEXT 12 MONTHS TO REMEDY THE EFFECTS OF SUBSIDENCE ON THE OUTDOOR PITCHES AND ATHLETICS TRACK, WHICH I THE CASE OF THE LATTER IS BECOMING DANGEROUS, HE SAID.
+ONCE THIS WORK IS COMPLETED, THERE EXISTS A UNIQUE OPPORTUNITY AHEAD TO CAPITALISE FULLY ON THIS SPECIAL INVESTMENT INTO LOCAL SPORT, + MR HU ADDED.
FINAL DRAFT PREPARED ON SECURITIES RULES
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THE SECURITIES COMMISSION HAS FINAL 13ED THE SECURITIES (STOCK EXCHANGE LISTING) RULES AFTER A WIDE EXERCISE IN CONSULTATION, THE FINANCIAL SECRETARY, THE HON SIR JOHN BREMRIDGE, SAID TODAY (WEDNESDAY).
IN A WRITTEN REPLY TO A QUESTION BY THE HON THOMAS CLYDESDALE, SIR JOHN SAID THAT THE SECURITIES COMMISSION CIRCULATED THE FIRST DRAFT OF THE SECURITIES (STOCK EXCHANGE LISTING) RULES TO RELEVANT INTERESTED PARTIES FOR COMMENT IN APRIL 1984.
HE POINTED OUT THAT CONSULTATION WITH THESE BODIES RESULTED IN A CONSIDERABLE NUMBER OF CHANGES TO THE INITIAL DRAFT.
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+CONSEQUENTLY A FURTHER DRAFT THE SEVENTH - WAS PREPARE AND CIRCULATED IN APRIL 1985, + HE SAID.
/SIR JOHN