XN000022-1973-05-10 — Page 13

12

-

DISPUTE OVER RETRENCHMENT SETTLED

Thursday, May 10, 1973

A dispute involving some 120 retrenched employees of the Optimum

Electronics Corporation Limited in Kwun Tong has been settled.

All monthly-paid and daily-paid employees today each received a

month's wages in lieu of notice and ten days' wages in lieu of notice respectively.

The total amount involved was about $47,500.

The factory dismissed all its monthly-paid and daily-paid employees

last Thursday (May 3). A series of conciliation meetings were subsequently

held at the Kwun Tong Office of the Labour Relations Service of the Labour

Department. As a result, agreement was reached on Tuesday.

DETAILS OF 1973 GOVERNMENT LOTTERIES

Note to Editors:

The Chairman of the Government Lotteries Management Committee, Mr. Kai-yin Chau, will give a press conference in the G.I.S. 16 mm theatre at 12 noon tomorrow (Friday).

He will announce details of the plan

for the 1973 Government Lotteries.

A film produced by G.I.S. for the committee

will also be shown.

Following the press conference a lunch party will be given by the committee at the City Hall Restaurant at 12.45 p.m.

Representatives of the press are cordially

invited to attend.

Release Time: 7.30 p.m.