6

THURSDAY, MARCH 31, 1994 -

FIGHT CRIME TRADE ASSOCIATION

THE ABOVE PROPOSALS HAVE BEEN ENDORSED BY THE COMMITTEE WHILE VIEWS OF DISTRICT BOARDS AND THE HAVE ALSO BEEN SOUGHT.

THE

SUPPORTED.

SPOKESMAN

SAID

THE

RECOMMENDATIONS

WERE

GENERALLY

WOULD

THE BILL ALSO PROPOSES THAT THE SECTIONS IN THE ORDINANCE AND ALL THE REGULATIONS GOVERNING FOREIGN LOTTERIES BE FINE-TUNED SO THAT

AND

BE OVERSEAS LOTTERIES WOULD BE PUT ON AN EQUAL FOOTING SUBJECT TO CONTROL UNDER THE GAMBLING ORDINANCE, THE SPOKESMAN SAID.

"BUYING FOREIGN

RESIDENTS LOTTERY TICKETS BY HONG KONG THEIR PRIVATE CAPACITY WILL CONTINUE TO BE PERMITTED. IT WOULD BE

FOREIGN OFFENCE TO PROMOTE OR PUBLICISE FOREIGN LOTTERIES, OR TO SELL LOTTERY TICKETS IN HONG KONG," HE POINTED OUT.

HOWEVER, ADVERTISEMENTS

OF A

IN

AN

FOREIGN LOTTERY IN AN INTERNATIONALLY CIRCULATED PUBLICATION NOT PRINTED OR PRODUCED IN HONG KONG WILL NOT BE CONSIDERED AS PROMOTION, HE SAID.

0

-

THREE LOTS SOLD FOR $3,700 MILLION

OF $3,700 DEPARTMENT THIS

THREE LOTS OF GOVERNMENT LAND WERE SOLD AT A TOTAL MILLION AT A PUBLIC LAND AUCTION HELD BY THE LANDS (THURSDAY) AFTERNOON.

WAS BOUGHT BY

RANDASH

AT 665 KING'S ROAD, THE FIRST LOT, INVESTMENT LTD AT $2,200 MILLION. BIDDING OPENED AT $1,600 MILLION.

GODOWN,

COVERING AN AREA OF 2,661 SQUARE METRES, THE LOT IS INDUSTRIAL USE, EXCLUDING PETROL-FILLING STATION, AND PRIVATE RESIDENTIAL.

FOR NON- WAREHOUSE

THE SECOND LOT, AT AREA 11, ON YIU STREET, SHA TIN, COVERING AN LTD AREA OF ABOUT 6,515 SQUARE METRES, WAS BOUGHT BY MARBRAD COMPANY AT $650 MILLION, WITH BIDDING OPENING AT $460 MILLION.

IT IS OFFICES) USE.

INTENDED FOR

INDUSTRIAL OR GODOWN (WITH ANCILLARY

THE DEVELOPER HAS TO COMPLETE A GROSS FLOOR AREA OF THAN 19,545 SQUARE METRES BEFORE MARCH 31, 1998.

NOT LESS

ABOUT

THE THIRD LOT, SITUATED AT AREA 11, TUEN MUN, WITH AN AREA 3,781 SQUARE METRES, WAS SOLD TO ENNICH INVESTMENT LTD AT MILLION, WITH BIDDING OPENING AT $600 MILLION.

OF $850

/IT IS

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