25
FRIDAY, JUNE 10, 1988
IN 1973, THE BANK WAS ACQUIRED BY ANOTHER OVERSEA-CHINESE BANKING CORPORATION LTD (OCBC).
LICENSED
BANK,
THE
TO
"TO CENTRALISE THE SUPERVISION OF ITS OVERSEAS BRANCHES AND BUSINESS AVOID DUPLICATION OF FUNCTIONS, OCBC HAS TRANSFERRED THE
EFFECT FROM MAY FSCB IN HONG KONG TO ITS HONG KONG BRANCH WITH 1988, THE SPOKESMAN SAID.
TO
OF
21,
OCBC ALL THE ASSETS OF FSCB IN HONG KONG HAVE BEEN TAKEN UP BY
FSCB INDEMNIFIES
AGAINST, WHICH NOW ASSUMES RESPONSIBILITY FOR, AND ALL THE LIABILITIES ARISING FROM FSCB'S HONG KONG BUSINESS.
FSCB HAD HENCE SOUGHT TO HAVE ITS LICENCE REVOKED VOLUNTARILY, THE SPOKESMAN SAID.
REVOKED,"
KONG, HE
"AS FSCB HAS CEASED TO CARRY ON BANKING BUSINESS IN HONG APPROVAL HAS THEREFORE BEEN GRANTED TO HAVE ITS LICENCE SAID.
BALANCED APPROACH REFLECTS CONCERN FOR ENVIRONMENTAL PROTECTION
* * *
OVER
THE GOVERNMENT'S CONCERN
ENVIRONMENTAL PROTECTION AND LANDSCAPING IS REFLECTED IN ITS BALANCED APPROACH IN TOWN PLANNING AND OFFICER, MR MATTHEW DEVELOPMENT OF THE NORTH DISTRICT, THE DISTRICT CHIRUNG, SAID TODAY (FRIDAY).
CEREMONY TO
THE MARK
NORTH DISTRICT REGIONAL COUNCIL IN AN AMENITY
A HE WAS SPEAKING AT TREE-PLANTING DAY ORGANISED BY THE AREA AT BRIDE'S POOL ROAD, LUK KENG.
DISTRICT-BASED
PROJECTS GOVERNMENT WAS DETERMINED
MR CHEUNG SAID A NUMBER OF FACILITIES SERVED TO SIGNIFY THAT THE ITS EFFORTS TO PROTECT AND IMPROVE THE ENVIRONMENT.
CONSTRUCTION THESE INCLUDED THE STRADDLING SHEK WU HUI AND LUEN WO HUI, AND
OF PROVISION FANLING, AS WELL AS
LANDSCAPING.
THE
AND
IN
OF A 13-HECTARE
A RECREATION SITTING-OUT AREAS
TOWN PARK GROUND IN AND ROAD
TO TAKE PART
IN THE ALSO
FUNCTION PROMOTED
HE ADDED THAT HE WAS PLEASED WHICH COMMEMORATED THE WORLD ENVIRONMENT DAY 1988, AND PUBLIC AWARENESS OF ENVIRONMENTAL PROTECTION.
/26