XN000022-1981-04-30 — Page 14

13.

THURSDAY, APRIL 30, 1981

SHA TIN RESIDENTIAL SITE SOLD FOR $41 MILLION

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A SITE IN SHA TIN FOR HIGH-CLASS RESIDENTIAL DEVELOPMENT WAS SOLD FOR $41 MILLION ($4 338 PER SQUARE METRE) AT AUCTION TODAY (THURSDAY).

THE PURCHASER WAS FULANI INVESTMENT LIMITED.

THE SITE, WITH A PLOT RATIO OF 0.4, IS NEAR KAU TO.

IT OVERLOOKS THE RACECOURSE AND IS FOR TWO-STOREY PRIVATE RESIDENTIAL DEVELOPMENT. THE AREA IS 9 451 SQUARE METRES.

THE PURCHASER HAS TO FULFILL A BUILDING COVENANT OF $7.08 MILLION WITHIN FOUR YEARS.

THE AUCTION, AT THE CITY HALL THEATRE, WAS CONDUCTED BY THE GOVERNMENT LAND AGENT OF THE NEW TERRITORIES ADMINISTRATION, MR TONY HARLAND. BIDDING OPENED AT $33 MILLION.

CROWN LAND SOLD AT AUCTION

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THREE LOTS OF CROWN LAND WERE SOLD AT AN AUCTION CONDUCTED BY THE PUBLIC WORKS DEPARTMENT'S CROWN LANDS AND SURVEY OFFICE IN THE CITY HALL TODAY.

A 2 704 SQUARE METRE LOT AT KOWLOON BAY RECLAMATION WAS SOLD TO LAC KAR INVESTMENT COMPANY LIMITED FOR $50 MILLION, OR $18 491.13 PER SQUARE METRE.

ANOTHER SITE, MEASURING 2 600 SQUARE METRES AND ALSO SITUATED AT KOWLOON BAY RECLAMATION, WAS SOLD TO SHUREN DEVELOPMENT COMPANY LIMITED FOR $48 MILLION, OR $18 461.54 PER SQUARE METRE,

BOTH SITES ARE FOR INDUSTRIAL AND/OR GODOWN PURPOSES.

THE REMAINING SITE, MEASURING 596 SQUARE METRES IS AT POSSESSION STREET, HONG KONG. IT WAS SOLD TO CANOVA INVESTMENT LIMITED FOR $52 MILLION OR $87 248.32 PER SQUARE METRE. FOR NON-INDUSTRIAL PURPOSES.

IT IS

JURY LIST TO BE POSTED

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A FURTHER LIST OF COMMON JURORS WILL BE POSTED ON THE NOTICE BOARD OF THE SUPREME COURT BUILDING ON MAY 6, 1981, THE ACTING REGISTRAR OF THE SUPREME COURT, MR NICHOLAS JOHN BARNETT, ANNOUNCED TODAY (THURSDAY).

THE LIST WILL REMAIN POSTED FOR 14 DAYS DURING WHICH PERIOD ANY PERSON MAY APPLY BY NOTICE IN WRITING TO THE REGISTRAR REQUIRING THAT HIS NAME OR THE NAME OF SOME OTHER PERSON BE POSTED OR REMOVED UPON CAUSE DULY ASSIGNED IN SUCH NOTICE.

THE REGISTRAR SHALL IN HIS DISCRETION, POST OR REMOVE SUCH NAME ACCORDINGLY AND SHALL IF NECESSARY ALTER THE LIST,

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