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WEDNESDAY, OCTOBER 27, 1993
MR CARTLAND SAID THE STANDING COMMITTEE ON THE COMPANY REFORM (SCCLR) CAME TO THE VIEW THAT TABLE A, GENERALLY, WAS IN OF REVIEW AND DECIDED TO ESTABLISH A WORKING GROUP TO TASK.
TO
UNDERTAKE
LAW
NEED THE
ASKED OUT
IN THE CONTEXT OF A REVIEW OF TABLE A, THE SCCLR WILL BE CONSIDER WHETHER ARTICLE 90(D) COULD BE STRENGTHENED TO SPELL MORE PRECISELY PROCEDURES TO DETERMINE WHETHER A DIRECTOR HAS BECOME MENTALLY UNFIT TO CONTINUE IN OFFICE, AND ALSO TO CONSIDER WHETHER CERTAIN OF THE STANDARD ARTICLES COULD BE MADE MANDATORY FOR ALL COMPANIES.
THE ADMINISTRATION WILL ASK THE SCCLR TO EXAMINE WHETHER THE EXISTING PROVISIONS IN THE PRIMARY LEGISLATION FOR THE REMOVAL
OF A DIRECTOR ARE ADEQUATE OR NEED TO BE STRENGTHENED.
"THE ADMINISTRATION DOES NOT CONSIDER THAT THERE IS AN IMMEDIATE NEED TO INTRODUCE MEASURES OF A TEMPORARY OR STOPGAP NATURE TO DEAL SPECIFICALLY WITH POSSIBLE INSTANCES OF DIRECTORS WHOSE MENTAL STATE MAY BE IN QUESTION," HE ADDED.
"IT IS OF COURSE ALWAYS OPEN TO SHAREHOLDERS TO SEEK INDEPENDENT LEGAL ADVICE ON THEIR POSITION. DIRECTORS OWE FIDUCIARY AND COMMON LAW DUTIES OF CARE TO THE COMPANY AND MUST AT ALL TIMES ACT IN THE BEST INTERESTS OF THE COMPANY.
OF
"IF ANY SHAREHOLDER FEELS THAT DIRECTORS ARE ACTING IN BREACH THOSE DUTIES, HE CAN ULTIMATELY TAKE LEGAL ACTION TO PROTECT HIS INTERESTS," HE CONTINUED.
0
PUBLICITY STRENGTHENED TO DISCOURAGE MONKEY FEEDING
TO
RESTRAIN THE GROWTH OF MONKEYS IN THE VICINITY OF KOWLOON AND SHING MUN RESERVOIRS, THE GOVERNMENT HAS LAUNCHED VARIOUS PUBLICITY PROGRAMMES TO EDUCATE THE PUBLIC, ESPECIALLY VISITORS AND MORNING WALKERS, NOT TO FEED THEM.
IN A WRITTEN REPLY TO A QUESTION BY THE HON LEE WING-TAT IN THE LEGISLATIVE COUNCIL TODAY (WEDNESDAY), THE SECRETARY FOR PLANNING, ENVIRONMENT AND LANDS, MR TONY EASON SAID THE PUBLICITY PROGRAMMES INCLUDED LEAFLETS, NOTICES, EDUCATION DISPLAYS AND MEDIA
ADVERTISEMENTS.
AT PRESENT, MR EASON SAID, THE ESTIMATED NUMBER OF MONKEYS IN THE VICINITY WAS ABOUT 750 AND THE ANNUAL GROWTH RATE WAS ABOUT 10 PER CENT.
HE SAID THERE WERE THREE REPORTS OF PEOPLE BEING SCRATCHED BY MONKEYS LAST YEAR.
MR EASON SAID PROHIBITION OF MONKEY FEEDING COULD BE INTRODUCED THROUGH AMENDMENTS TO THE WILD ANIMALS PROTECTION ORDINANCE, BUT NO DECISION HAD BEEN REACHED TO PURSUE THIS COURSE OF ACTION.
0
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