XN000022-1981-07-31 — Page 13

FRIDAY, JULY 31, 1981

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DEADLINE EXTENDED FOR TOLO HARBOUR SWIM ENTRIES

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THE DEADLINE FOR ENTRIES FOR THE CROSS TOLO HARBOUR SWIM HAS BEEN EXTENDED ONE WEEK.

THE CLOSING DATE WAS TO HAVE BEEN TOMORROW (SATURDAY) BUT THE NUMBER OF APPLICATIONS TO TAKE PART IN THE RACE, TO BE HELD ON AUGUST 16, HAS NOT BEEN AS GOOD AS EXPECTED.

A SPOKESMAN FOR THE ORGANISERS, TAI PO SPORTS ASSOCIATION, SAID 150 APPLICATIONS HAD BEEN RECEIVED SO FAR WHEREAS IT WAS CONFIDENTLY EXPECTED THAT 600 MEN AND WOMEN WOULD TAKE PART THIS YEAR.

+WE HOPE THAT BY EXTENDING THE DEADLINE TO AUGUST 8 WE WILL GET A MUCH LARGER NUMBER OF ENTRANTS, HE SAID.

THE RACE IS OVER A 2 400 METRE COURSE FROM SHA LAN BEACH TO TAI MEI TUK SEA ACTIVITIES CENTRE. IT STARTS AT 10.30 AM. FUNDS ARE BEING PROVIDED BY TAI PO DISTRICT BOARD,

ANYONE AGED OVER 12 CAN ENTER. APPLICATIONS SHOULD BE MADE TO TAI PO SPORTS ASSOCIATION, THE RECREATION AND SPORT SERVICE OFFICE IN TAI PO OR TO TAI PO RURAL COMMITTEE.

LAST YEAR, THE EVENT ATTRACTED JUST UNDER 400 ENTRANTS.

ANOTHER JAPANESE COMPANY INVESTS IN HONG KONG

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A JOINT VENTURE HAS BEEN FORMED BETWEEN HONG KONG INTERESTS AND DAIDO CONCRETE COMPANY LTD., A JAPANESE COMPANY SPECIALISING IN THE MANUFACTURE OF CONCRETE PILES AND PIPES.

THE NEW COMPANY - DAIDO CONCRETE (HK) LTD - WILL BE TAKING UP A SITE AND BUILDING A FACTORY FOR ITS SPECIALISED MASS PRODUCTION PROCESS AT THE TAI PO INDUSTRIAL ESTATE.

THE JOINT VENTURE FOLLOWS A TRADE INDUSTRY AND CUSTOMS DEPARTMENT PROMOTION MISSION WHICH WENT TO JAPAN IN FEBRUARY TO SEEK OUT JAPANESE COMPANIES INTERESTED IN INDUSTRIAL INVESTMENT POSSIBILITIES IN HONG KONG.

+OUR MISSION DISCUSSED WITH DAIDO CONCRETE'S SENIOR EXECUTIVES THE ADVANTAGES AND INVESTMENT OPPORTUNITIES THAT HONG KONG COULD OFFER AS A BASE FOR THE MANUFACTURE OF THE COMPANY'S PRODUCTS,+ SAID ASSISTANT COMMISSIONER OF INDUSTRY, MR PETER KIANG,

JAPAN IS THE SECOND LARGEST OVERSEAS INVESTOR IN HONG KONG'S MANUFACTURING INDUSTRY, AND HAS INVESTMENT AMOUNTING TO OVER HK$900 MILLION, COVERING ALL HONG KONG'S MAJOR INDUSTRIES.

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