XN000022-1985-10-24 — Page 4

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THURSDAY, OCTOBER 24, 1985

THE GOVERNMENT AUCTIONEER, MR JIM HUGHES, SAID AFTER

THE SALE: +IT WAS A FULL PRICE BUT A SENSIBLE PRICE AND ONE THAT CAN BE FULLY JUSTIFIED. WE ARE VERY HAPPY WITH THE RESPONSE WE RECEIVED, THE GOVERNMENT WAS LOOKING FOR A PRICE AT ABOUT THE $600 MILLION MARK,+

BIDDING STARTED AT $425 MILLION AND MOVED SLOWLY BY $5 MILLION JUMPS TO $505 MILLION. AT THAT STAGE THERE WERE ONLY

TWO CONTENDERS, KOWLOON WHARF AND THE PURCHASERS, RAISING THE PRICE BY $1 MILLION EACH BID.

THE AUCTION LASTED 45 MINUTES.

TWO NEW MEMBERS FOR LAW REFORM COMMISSION ******

THE CHAIRMAN OF THE LAW REFORM COMMISSION, MR MICHAEL THOMAS, TODAY ANNOUNCED THAT TWO NEW MEMBERS OF THE COMMISSION HAVE BEEN APPOINTED BY THE GOVERNOR. THEY ARE DR BYRON WENG AND MR MARTIN LEE, QC.

DR WENG, AGED 51, WHO WAS BORN IN TAIWAN AND EDUCATED THERE AND IN THE UNITED STATES, HAS LIVED IN HONG KONG SINCE 1976.

HE IS READER AND CHAIRMAN OF THE DEPARTMENT OF GOVERNMENT AND PUBLIC ADMINISTRATION AT THE CHINESE UNIVERSITY OF HONG KONG AND HAS BEEN CLOSELY ASSOCIATED WITH THE CHINESE LAW PROGRAMME OF THE UNIVERSITY'S CENTRE FOR CONTEMPORARY ASIAN STUDIES.

MR LEE, AGED 47, WAS BORN IN HONG KONG AND EDUCATED HERE AND IN LONDON. HE IS A FORMER CHAIRMAN OF THE BAR ASSOCIATION AND A MEMBER OF THE BASIC LAW DRAFTING COMMITTEE.

MR LEE HAS BEEN ELECTED TO THE LEGISLATIVE COUNCIL AS THE REPRESENTATIVE OF THE LEGAL FUNCTIONAL CONSTITUENCY. HE HAS PREVIOUSLY SERVED ON THE LAW REFORM COMMISSION'S SUB-COMMITTEE ON CONFESSION STATEMENTS.

MR THOMAS WELCOMED THE ADDITION TO THE COMMISSION OF THESE TWO NEW MEMBERS, THEIR BREADTH OF PROFESSIONAL INTERESTS AND DEPTH OF LEGAL KNOWLEDGE WILL BE OF GREAT VALUE TO THE WORK OF THE COMMISSION, HE SAID.

THE APPOINTMENTS OF DR WENG AND MR LEE FILL THE VACANCIES FOLLOWING THE RETIREMENTS OF DR AMBROSE KING AND MR DAVID K. P. LI ON THE EXPIRATION OF THE IR TERMS AS COMMISSION MEMBERS.

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