27
WEDNESDAY, OCTOBER 9, 1991
WITH AN AREA
OF
ABOUT 21,350 SQUARE METRES, THE SITE IS
INTENDED FOR PRIVATE RESIDENTIAL PURPOSES.
ACCORDING TO
THE BUILDING
COVENANT, THE
HAS DEVELOPER
ΤΟ METRES ON COMPLETE A GROSS FLOOR AREA OF NOT LESS THAN 38,430 SQUARE OR BEFORE DECEMBER 31, 1995.
THE SECOND LOT IS LOCATED AT 137 PROPERTIES LTD WAS BOUGHT BY THE CITY
MILLION. $19.5
WATERLOO ROAD, KOWLOON. IT FOR
BIDDING
OPENED AT $12 MILLION.
AN AREA IT HAS
OF ABOUT 941 SQUARE METRES AND IS ALSO EARMARKED FOR PRIVATE RESIDENTIAL PURPOSES.
THE BUILDING COVENANT STIPULATES COMPLETE A GROSS FLOOR AREA OF NOT LESS THAN 340 SQUARE METRES BEFORE DECEMBER 31, 1993.
THE
AUCTION WAS
HELD IN THE CITY HALL THEATRE AND WAS CONDUCTED BY GOVERNMENT LAND AGENT, MR ROGER NISSIM.
THAT THE
DEVELOPER HAS ΤΟ
ON OR
0
SECURITIES INDUSTRY MAKES GREAT STRIDES
EFFORTS WILL CONTINUE TO ENHANCE THE SOPHISTICATION OF HONG KONG '9 SECURITIES MARKET, IMPROVE STANDARDS OF INVESTOR PROTECTION, AND MODERNISE TRADING, SETTLEMENT AND OTHER SYSTEMS TO KEEP ABREAST OF WORLD DEVELOPMENTS.
THIS WAS STATED BY THE FINANCIAL SECRETARY, MR HAMISH MACLEOD WHEN SPEAKING AT THE 319T FIBV (INTERNATIONAL FEDERATION OF EXCHANGES) GENERAL ASSEMBLY DINNER THIS (WEDNESDAY) EVENING.
MR MACLEOD NOTED THAT HONG KONG'S SECURITIES INDUSTRY HAS MADE GREAT STRIDES IN RECENT DECADES.
ON THE MORE RECENT DEVELOPMENTS, HE SAID THE STOCK EXCHANGE OF HONG KONG (SEHK) WAS SUBSTANTIALLY REORGANISED IN 1988 IN LINE WITH THE RECOMMENDATIONS OF THE SECURITIES REVIEW COMMITTEE.
AS
+
ESTABLISHED REGULATORY
IN 1989, THE SECURITIES AND FUTURES COMMISSION WAS
MARKIT AN AUTONOMOUS STATUTORY BODY TO STRENGTHEN THE STRUCTURE IN HONG KONG AND TO ENSURE THAT IT KEEPS IN STEP WITH, ASSISTS, MARKET DEVELOPMENT.
AND
"A CURRENT ISSUE IS THE FUTURE RESTRUCTURING OF THE GOVERNING COUNCIL OF THE SEHK TO MAKE IT MORE REPRESENTATIVE OF MARKET USERS (INCLUDING INVESTORS), AND OF THE BROKERS WHO GENERATE THE BULK OF ITS BUSINES9.
/"THE DEBATE