WEDNESDAY, NOVEMBER 19, 1986
35
THE 322.1 SQUARE METRES SITE IS FOR NON-INDUSTRIAL USE. A GROSS FLOOR AREA OF NOT LESS THAN 1 760 SQUARE METRES MUST BE DEVELOPED BEFORE DECEMBER 31, 1989.
A SITE AT 34 NEW MARKET STREET, SHEUNG WAN, WAS SOLD TO DONBRIDGE ENTERPRISES LIMITED FOR $3.1 MILLION AFTER BIDDING OPENED AT $2 MILLION.
THE SITE IS ALSO FOR NON-INDUSTRIAL USE.
UNDER SALE CONDITIONS, NOT LESS THAN 220 SQUARE METRES OF GROSS FLOOR AREA MUST BE BUILT ON THE 132.9 SQUARE METRES SITE BEFORE THE END OF 1989.
THE AUCTION WAS CONDUCTED BY GOVERNMENT LAND AGENT, MR BOB POPE, WHO SAID AFTERWARDS. IT WAS A VERY GOOD SALE WHICH SHOWED THE CONTINUING BUOYANCY OF THE VERY STRONG PROPERTY MARKET.+
THE CITY HALL THEATRE WAS PACKED FOR THE AUCTION WHICH LASTED FOR JUST UNDER 45 MINUTES.
TRADE SECTOR INFORMED OF IMPORT BAN
*****
THE TRADE DEPARTMENT TODAY (WEDNESDAY) SENT OUT A CIRCULAR LETTER TO THE TRADE SECTOR CONCERNING THE LICENSING CONDITIONS FOR IMPORT OF PROHIBITED GOODS FROM SOUTH AFRICA.
A DEPARTMENT SPOKESMAN SAID THIS FOLLOWED THE ANNOUNCEMENT BY THE FINANCIAL SECRETARY IN THE LEGISLATIVE COUNCIL THAT IN ADDITION TO GOLD COINS, PRODUCTS OF IRON AND STEEL WOULD NOT BE ALLOWED TO BE IMPORTED FROM SOUTH AFRICA WITH EFFECT FROM NOVEMBER 21, 1986.
+A LICENCE TO IMPORT FROM SOUTH AFRICA ANY ARTICLE SPECIFIED IN THE SCHEDULE TO THE IMPORT PROHIBITION (SOUTH AFRICA) (NO. 2) REGULATIONS 1986 SHALL NOT BE ISSUED UNLESS THE DIRECTOR OF TRADE IS SATISFIED THAT THE IMPORTATION OF THE ARTICLE IS PURSUANT TO OR IN FURTHERANCE OF A CONTRACT MADE BEFORE THE COMMENCEMENT OF THESE REGULATIONS, THAT IS BEFORE NOVEMBER 21, 1986; THE ARTICLE DID NOT ORIGINATE FROM THE REPUBLIC OF SOUTH AFRICA OR IN THE SPECIAL CIRCUMSTANCES OF THE CASE A LICENCE SHOULD BE ISSUED,+ HE SAID.
THE IMPORT PROHIBITION (SOUTH AFRICA) (NO. 2) REGULATIONS 1986 WERE APPLICABLE TO GOODS EXPORTED FROM THE REPUBLIC OF SOUTH AFRICA AND TRANSHIPPED VIA HONG KONG TO OTHER DESTINATIONS.
FURTHER INFORMATION ON THE ISSUE CAN BE OBTAINED FROM THE TRADE LICENSING (NON-TEXTILES) SECTION OF THE TRADE DEPARTMENT IN ROOM 1322, 13TH FLOOR, OCEAN CENTRE, CANTON ROAD, KOWLOON, OR ON TELEHPÓNE NOS. 3-7222508, 3-7222520 AND 3-7222521.
/36