6
WEDNESDAY, OCTOBER 13, 1993
TWO GOVT LOTS SOLD FOR $445 MILLION
TWO LOTS OF GOVERNMENT LAND WERE SOLD FOR A TOTAL OF MILLION AT THE PUBLIC LAND AUCTION HELD BY THE LANDS DEPARTMENT (WEDNESDAY) AFTERNOON.
THE FIRST LOT, LOCATED AT AREA 11 AT THE JUNCTION OF ON STREET AND ON YIU STREET, SHA TIN WAS BOUGHT BY JACO LIMITED AT MILLION. BIDDING OPENED AT $320 MILLION.
$445 THIS
SUM
$395
WITH AN AREA OF ABOUT 4,200 SQUARE METRES, IT IS INTENDED FOR INDUSTRIAL AND/OR GODOWN (EXCLUDING DANGEROUS GOODS GODOWN) PURPOSES.
THE
DEVELOPER HAS TO COMPLETE A GROSS FLOOR AREA OF NOT LESS THAN 23,940 SQUARE METRES BEFORE DECEMBER 31, 1997.
THE SECOND LOT IN TAK YIP STREET, TUNG TAU INDUSTRIAL AREA, YUEN LONG, WITH AN AREA OF ABOUT 3,555 SQUARE METRES WAS SOLD TO BETTERISE COMPANY LIMITED AT $50 MILLION, WITH BIDDING OPENING AT $40 MILLION.
IT
IS INTENDED FOR INDUSTRIAL AND/OR GODOWN (EXCLUDING OFFENSIVE TRADE) PURPOSES, WITH THE FIRST FLOOR ΤΟ BE USED FOR REPAIRING MOTOR VEHICLES ONLY.
THE DEVELOPER HAS TO COMPLETE A GROSS FLOOR AREA OF NOT THAN 17,064 SQUARE METRES BEFORE DECEMBER 31, 1996.
LESS
THE AUCTION WAS
CULTURAL CENTRE, TSIM AGENT, MR ROGER HARDING.
HELD IN THE CONCERT HALL OF THE HONG SHA TSUI, AND CONDUCTED BY GOVERNMENT
KONG
LAND
0
INT'L DAY FOR NATURAL DISASTER REDUCTION
SOCIETY AS A WHOLE NEEDS TO BE PREPARED AND ABLE то ACT RESPONSIBLY AND INTELLIGENTLY TO A DISASTER AS THAT COULD MAKE DIFFERENCE BETWEEN A TRAGEDY AND TRAGEDY AVERTED, THE SECRETARY SECURITY, MR ALISTAIR ASPREY, SAID TODAY (WEDNESDAY).
THE FOR
SPEAKING AT THE OPENING OF AN EXHIBITION AND A SEMINAR TO MARK THE INTERNATIONAL DAY FOR NATURAL DISASTER REDUCTION, MR ASPREY SAID THE HONG KONG GOVERNMENT HAD COMPREHENSIVE PLANS FOR COPING WITH NATURAL DISASTERS.
AND DESPITE THE REGULAR RECURRENCE OF SEVERE WEATHER, EXTENT OF DAMAGE CAUSED WAS BECOMING INCREASINGLY LIMITED.
THE
/HE NOTED,