THURSDAY, MARCH 21, 1991

"FOR THE TIME BEING ITS DEVELOPMENT IS BEING PLANNED AND DRIVEN BY A LIMITED COMPANY WITH THE NECESSARY FUNDING ALREADY APPROVED, IN

DUE COURSE, WE WILL ESTABLISH A STATUTORY CORPORATION WITH A DEGREE OF PUBLIC ACCOUNTABILITY TO MANAGE THE CENTRE.

甲申

BUT

HIGH

AS ΤΟ THE

SCIENCE

NOW DESIRABLE TO EARMARK A SUITABLE SITE AS SOON AS POSSIBLE.

GOVERNMENT PARK, THE

CONSIDERS

IT

BY

THE

AT

"THIS COURSE OF ACTION HAS BEEN ENDORSED RECENTLY INDUSTRY DEVELOPMENT BOARD, AND GOVERNMENT IS NOW LOOKING ACTIVELY THE PROPOSAL, HE SAID.

11

SIR PIERS ALSO MENTIONED THE CONTRIBUTION BY THE TERTIARY EDUCATIONAL INSTITUTIONS AND OUTLINED THE PROGRESS IN THE STUDY ON THE TECHNOLOGY ROAD MAP FOR HONG KONG WHICH DRAWS ON THE TALENTS AVAILABLE AT THE SIX LOCAL TERTIARY EDUCATIONAL INSTITUTIONS.

"THE INFORMATION CONTAINED IN THE ROAD MAPS WILL BE OF USE BOTH ΤΟ THE PRIVATE SECTOR IN

INVESTMENT CONSIDERING HONG KONG FOR PURPOSES, AND TO THE GOVERNMENT IN DEVELOPING ITS POLICIES IN RELATION TO THE PROVISION OF FURTHER TECHNOLOGY INFRASTRUCTURE," HE SAID.

INVESTOR PROTECTION OF PARAMOUNT IMPORTANCE

mit

FS

MAINTAINING

OUR

THE INTEGRITY OF

THE MARKETPLACE AND BE OF PARAMOUNT IMPORTANCE, THE PROTECTION OF OUR INVESTORS MUST

SAID THIS (THURSDAY) EVENING FINANCIAL SECRETARY, SIR PIERS JACOBS WHEN ASKED TO COMMENT ON JARDINE MATHESON'S ANNOUNCEMENT YESTERDAY.

+1

THE COMPANY IS HAVING DISCUSSIONS WITH OURSELVES AND WITH AND SEE SECURITIES AND FUTURES COMMISSION. WE WILL HAVE TO WAIT

MEMBERS OF THE MEDIA AT THINGS GO," HE SAID WHEN SPEAKING TO FEDERATION OF HONG KONG INDUSTRIES' SPRING DINNER.

THE

HOW

THE

INSOFAR BETWEEN

AS

CHOOSES HONG KONG

TO

IS

THE

COMPANY,

THE

WHILE IT IS REALLY THE COMPANY'S DECISION WHERE IT BE LISTED, WHAT

ARE MADE

CONCERNED

FOR DISCUSSION GOVERNMENT AND THE SFC, SIR PIERS ADDED.

IS

A

ARRANGEMENTS

MATTER

"THERE ARE A NUMBER OF ISSUES TO BE

SOME TIME," HE SAID.

ASKED ABOUT THE

CONTENT OF

DISCUSSED. IT WILL TAKE

THE DISCUSSIONS, THE FINANCIAL SAID THEY HAVE SPOKEN SECRETARY SAID HE COULD NOT REVEAL THEM, BUT ABOUT EXEMPT LISTING AND IMPLICATIONS OF THE TAKEOVER CODE.

POSITION

ASKED WHETHER THE REMOVAL OF JARDINE'S PRIMARY

KONG'S HERE WOULD HAVE AN IMPACT ON HONG CENTRE, SIR PIERS SAID HE DID NOT THINK SO.

LISTING STATUS AS A FINANCIAL

/"THE IMPORTANT

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