CO129-452 - Others & Individuals - 1918 — Page 251

COPY.

C. 23827.

FROM THE CAPITAL ISSUES COMMITTEE.

TO. IL Sacuting

For obsevations, please.

I am

Co

onsulting, at 1 Trade

58496

REC

REGE 4 DEC 18

* AFB

INDO-CHINESE DEVELOPMENT SYNDICATE LIMITED,

29,Mincing Lane,

E.C.3.

248

To the Secretary,

H.M.Treasury,

Whitehall,

3.7.1.

Dear Sir,

We beg to solicit permission to issue

privately an additional 80,000 shares of £l each in our Syndicate in the following circumstances:

The Syndicate was registered in December, 1916

with a capital of £20,000 for the purpose of taking up

trading and development work over a very wide field

in French Indo-China,and of opening up a highly lucrative

field for British trade and industry which, before the

war,had been to a very large extent in the hands of the

Germans.

The objects we have in view have been welcomed

and the success already attanined has been recognised

both by the French Colonial Authorities in Paris

and the Governor General in French Indo-China and as

a result of a variety of propositions sub mitted

to us by our General Manager in the Colony, the

immediate consideration of which in British interests

is imperative, the issue of fresh capital has become

urgently necessary.

Our activities cover extensive trading in all

its branch es,and through our intermediary and

influence there is an exceptional opening for British

manufactures of practically every kind, including

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