XN000022-1973-06-02 — Page 10

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Saturday, June 2, 1973

These restrictions, effective from Monday, are intended to reduce

obstruction to through traffic at the junctions of Lai Chi Kok Road with

Yen Chow Street, Kweilin Street, Pei Ho Street and Nam Cheong Street by

public light buses.

The existing bus termini at Hai Tan Street will be resited to Yee

Kuk Street.

Appropriate traffic signs will be erected to indicate the restrictions,

LABOUR DISPUTE SETTLED

The dispute involving some 115 retrenched employees of the H.P.

San & Co. Ltd. has been settled.

Under an agreement reached late yesterday, all monthly-paid workers

will receive two months severance pay and 10 days retirement benefits for

each completed year of service.

The total amount involved will be in the region of $300,000. Payment

will be made on June 8.

The dispute started on May 7 when the company closed down. A series

of conciliation meetings over the question of severance pay were subsequently

held at the Hong Kong office of the Labour Relations Service of the Labour

Department.

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