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THURSDAY, JULY 3, 1986

THE USE OF THIS NEW HERBICIDE WAS ILLUSTRATED TO FARMERS AT

A FIELD DEMONSTRATION CONDUCTED BY THE DEPARTMENT'S HORTICULTURIST, MR K.Y. HO, AT THE TAI LUNG EXPERIMENTAL FARM.

MR HO SAID THE CHEMICAL DOES NOT LEACH READILY, EVEN AFTER HEAVY RAIN,

+NAPROPAMIDE CAN BE APPLIED BY SPRAYING ON TO THE SOIL SURFACE AFTER SEED-SOWING OR JUST BEFORE CROP TRANSPLANTING.

+AFTER APPLICATION, IT IMMEDIATELY WORKS ON THE WEEDS TO RETARD THEIR GROWTH. COMPARED WITH OTHER HERBICIDES BEING USED BY FARMERS, IT IS THE LEAST LIKELY TO CAUSE PHYTO-TOXICITY IN CROP PLANTS, + HE SAID.

THE DEPARTMENT HAS BEEN CONDUCTING SCREENING EXPERIMENTS AND FIELD EVALUATIONS ON EFFECTIVE WEED CONTROL MEASURES. FOLLOWING A SERIES OF TESTS OVER THE LAST TWO YEARS, NAPROPAMIDE WAS SELECTED FROM AMONG A GROUP OF THREE FOR ITS ECONOMY AND SAFETY.

FARMERS HAVE BEEN ADVISED TO USE HERBICIDES TO CLEAR WEEDS FROM THEIR FIELDS. SUCH PRACTICE IS MORE EFFECTIVE AND MUCH SAFER THAN BURNING OFF,+ MR HO EMPHASISED.

FIRST BANGKOK CITY FINANCE LTD WINDING UP *****

FIRST BANGKOK CITY FINANCE LIMITED CLOSED ITS DOORS FOR BUSINESS ON JULY 1, 1986, THERE IS NOBODY LEFT IN HONG KONG TO MANAGE THE COMPANY.

THE FINANCIAL SECRETARY HAD APPOINTED MR Y.K. CHOI TO INSPECT THE DEPOSIT-TAKING COMPANY UNDER SECTION 38(2) OF THE DEPOSIT-TAKING COMPANIES ORDINANCE.

ON RECEIPT OF HIS REPORT AND AS A MEASURE TO PROTECT THE INTERESTS OF THE DEPOSITORS AND CREDITORS OF THE COMPANY, THE FINANCIAL SECRETARY HAS PETITIONED TO THE HIGH COURT FOR THE WINDING UP OF THE FIRST BANGKOK CITY FINANCE LIMITED.

THE OFFICIAL RECEIVER WAS APPOINTED AS THE PROVISIONAL LIQUIDATOR ON JULY 2. PETITION FOR THE WINDING UP OF FIRST BANGKOK CITY FINANCE LIMITED WILL BE HEARD IN AUGUST 1986.

ANY ENQUIRIES REGARDING THE POSITION OF FIRST BANGKOK CITY FINANCE LIMITED SHOULD BE MADE TO THE OFFICIAL RECEIVER'S OFFICE AT THE 11TH FLOOR, QUEENSWAY GOVERNMENT OFFICES, 66 QUEENSWAY, CENTRAL, TEL: 5-8622448.

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