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Appointment to the Hong Kong Securities Clearing Company
The Financial Secretary has appointed Mr. Michael Liu, a solicitor, and re- appointed Professor Chan Yuk-shee, Messrs Stuart Leckie and Denis Ho, as independent directors of the Hong Kong Securities Clearing Company Limited (HKSCC) for two years until the date of the 1998 Annual General Meeting of the HKSCC.
Announcing this today (Tuesday), a Financial Services Branch spokesman said: "Under the Articles of Association of the HKSCC, the Financial Secretary may at any time appoint not more than five persons as directors of the HKSCC to represent the public interest.
"The fifth independent director is Mr Derek Murphy," he added.
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Hong Kong Urban Heritage special stamps to be on sale
The Postmaster General Mr Robert Footman, announced today (Tuesday) that a set of special stamps on the theme of Hong Kong Urban Heritage would be issued on November 20 (Wednesday).
This set of stamps depicts four of the old western style buildings in Hong Kong. The $1.30 stamp depicts the Main Building of the University of Hong Kong. The $2.5 stamp depicts Western Market. The $3.1 stamp depicts the Old Pathological Institute and the $5 stamp depicts Flagstaff House.
"Like the Hong Kong Rural Heritage stamps issued in May 1995, this set of stamps has two main features which make them a prestigious collection," Mr Footman said.
"First, they are printed by both Lithography and Intaglio. Second, the stamps are printed in mini-sheets of ten, instead of 50 as is the normal practice. The sheets have a selvage featuring the special architectural designs of the building which are also printed in intaglio."
The stamps were designed by Mr Tommy Li and printed by Ashton-Potter (USA) Ltd.