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WEDNESDAY, SEPTEMBER 9, 1992
MR BLAKE SAID THE PRIMARY OBJECTIVE OF THE SEARCH WAS TO IDENTIFY AND UPGRADE PROMPTLY ANY UNSATISFACTORY SLOPES FOUND AS AN ADDED MEASURE TO PREVENT A RECURRENCE OF A BAGUIO VILLAS TYPE LANDSLIDE.
ARE
COPIES OF THE REPORT ON THE BAGUIO VILLAS LANDSLIDE AVAILABLE FREE OF CHARGE AT THE SOUTHERN DISTRICT OFFICE AND AT THE CIVIL ENGINEERING LIBRARY, CIVIL ENGINEERING BUILDING, 101 PRINCESS MARGARET ROAD, KOWLOON.
FINANCIAL SECRETARY COMMENTS ON BCCHK'S REPAYMENT SCHEME
*
COMMENTING ON THE RESULTS OF THE VOTING ON THE SCHEME OF ARRANGEMENT BY SCHEME CREDITORS OF THE BANK OF CREDIT AND HONG KONG
COMMERCE LIMITED (IN LIQUIDATION), THE FINANCIAL SECRETARY, MR HAMISH MACLEOD, SAID TODAY (WEDNESDAY) THAT WAS GOOD NEWS FOR ALL CREDITORS.
"
CREDITORS,
++
I AM DELIGHTED THAT THE SCHEME HAS BEEN APPROVED BY
MR MACLEOD ADDED.
THE
COURT, WILL
IT WILL
AND
ALSO REDUCE
"THE SCHEME, ASSUMING IT IS APPROVED BY THE HIGH ENABLE SMALL CREDITORS TO RECEIVE FULL PAYMENT SHORTLY. HELP SPEED UP THE SETTLEMENT OF CLAIMS BY LARGE CREDITORS ADMINISTRATIVE COSTS."
"I WOULD LIKE TO PAY TRIBUTE TO THE LIQUIDATOR AND THE SPECIAL MANAGERS FOR THEIR SUCCESSFUL EFFORTS, HE SAID.
TALKS ON HK/GUANGDONG BOUNDARIES OF ADMINISTRATION
*
A GOVERNMENT SPOKESMAN SAID FURTHER RELATING TO THE BOUNDARIES OF ADMINISTRATION
DISCUSSIONS ON MATTERS GUANGDONG WILL TAKE PLACE IN HONG KONG ON SEPTEMBER 10 AND 11
BETWEEN HONG KONG AND THE HONG KONG GOVERNMENT AND
BETWEEN THE GUANGDONG PROVINCIAL AUTHORITIES.
LEAD
THE HONG DEPUTY DIRECTOR OF
DEPUTY POLITICAL ADVISER, MR S E BRADLEY, WILL KONG TEAM. THE GUANGDONG TEAM WILL
BE LED BY GUANGDONG FOREIGN AFFAIRS OFFICE, MR ZHANG QINGPING.
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