XN000022-1981-05-25 — Page 3

2

MONDAY, MAY 25, 1981

FROM TSUEN WAN, MR SHORE FLEW TO TUEN MUN FOR A 30-MINUTE TOUR AND BRIEFING OF THE CHINA LIGHT AND POWER COMPANY STATION BEING BUILT AT TAP SHEK KOK. HE WAS MET ON ARRIVAL THERE BY SIR SIDNEY GORDON, DEPUTY CHAIRMAN OF CHINA LIGHT,

MR SHORE WAS NEXT TAKEN ON A HELICOPTER TOUR OF TUEN MUN, YUEN LONG INCLUDING THE INDUSTRIAL ESTATE, MAIPO MARSHES, THE BORDER, SHA TAU KOK AND PLOVER COVE.

AFTER LUNCH WITH MR AND MRS AKERS-JONES AND SEVERAL GUESTS AT ISLAND HOUSE, MR SHORE ATTENDED A MEETING OF SHA TIN DISTRICT BOARD, CHAIRED BY THE DISTRICT OFFICER, DR PATRICK HASE.

IN THE LATE AFTERNOON, MR SHORE VISITED THE HEADQUARTERS OF THE TRADE INDUSTRY AND CUSTOMS DEPARTMENT AT OCEAN CENTRE WHERE HE HAD A MEETING WITH THE DIRECTOR, MR BILL DORWARD, AND OTHER MEMBERS OF THE DEPARTMENT.

MR SHORE ARRIVED IN HONG KONG FROM CHINA YESTERDAY (SUNDAY) AND IS STAYING AT GOVERNMENT HOUSE. HE WILL LEAVE ON WEDNESDAY (MAY 27).

RECLAMATION LAND SOLD BY AUCTION

******

FIVE 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.

ALL THE SITES OFFERED ARE ON THE KOWLOON BAY RECLAMATION AND ARE FOR INDUSTRIAL AND/OR GODOWN PURPOSES.

THE FIRST LOT, MEASURING 5 832 SQUARE METRES WAS SOLD TO DAH CHONG HONG LTD, FOR $101 MILLION OR $17 318.24 PER SQUARE METRE,

THE SECOND LOT, MEASURING 3 700 SQUARE METRES, WAS SOLD TO HAMBORDEN COMPANY LTD FOR $74 MILLION OR $20 000.00 PER SQUARE METRE.

THE THIRD SITE, MEASURING 1 399 SQUARE METRES, WAS SOLD TO WELL PLANTED LTD FOR $26.5 MILLION OR $18 942.10 PER SQUARE METRE.

THE REMAINING TWO LOTS, MEASURING 1 445 AND 3 100 SQUARE METRES, WERE SOLD TO PINE WAY ENTERPRISES LTD AND HONG LEONG INVESTMENT COMPANY, LTD FOR $26.5 MILLION AND $45 MILLION OR $18 339.10 OR $14 516.13 PER SQUARE METRE RESPECTIVELY.

/3