Passengers situation of NT West during evening peak hours
The Transport Department announces that 56,700 bus and ferry passengers were carried from the urban areas to NT West during today's evening peak hours (between 5 pm and 8 pm). The breakdowns are as follows:
(1)
Ferries from Central
(2)
Ferries from Tsuen Wan
(3)
Buses
about 4.000
about 2,700
about 50,000
End/Monday, September 4, 1995
Insider dealing found taken place in investment company
The Insider Dealing Tribunal which has been appointed to inquire into possible insider dealings in the shares of Public International Investments Limited (PIIL) has completed its task and has submitted its report to the Financial Secretary.
The Tribunal has concluded that insider dealing in PIIL shares has taken place in December 1992, and has identified three individuals as insider dealers in those shares. It is found that their dealings took place with the benefit of inside information about a proposed take-over of PIIL.
The Tribunal also ordered each insider dealer to pay to the Government the full amount of profit gained by the insider dealing, plus financial penalties and also contributions to the expenses of the Inquiry.
In addition, the Tribunal has ordered that the insider dealers shall not be a director or take part in the management of any listed company for three or four years.
The Tribunal's report is now being printed and a separate announcement will be made in due course when the it is available for public sale.
Following is a brief summary of the Tribunal's report: