XN000022-1987-02-11 — Page 2

WEDNESDAY, FEBRUARY 11, 1987

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LAND DEVELOPMENT CORPORATION CHIEF EXECUTIVE APPOINTED

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ON

THE BOARD OF THE PROVISIONAL LAND DEVELOPMENT CORPORATION HAS APPOINTED MR ABRAHAM RAZACK AS CHIEF EXECUTIVE OF THE CORPORATION AND HE WILL TAKE UP THE APPOINTMENT WITH EFFECT FROM MAY 1 FOR THREE YEARS.

MR RAZACK IS CURRENTLY COMMERCIAL DIRECTOR OF THE KOWLOON- CANTON CORPORATION AND PREVIOUSLY OCCUPIED A NUMBER OF HIGH-LEVEL POSTS IN THE SHIPPING INDUSTRY HERE AND IN THE UNITED KINGDOM.

HIS DUTIES AS COMMERCIAL DIRECTOR HAVE INCLUDED THE NEGOTIATION OF SEVERAL LARGE-SCALE PROPERTY DEVELOPMENT PROJECTS.

MR GRAHAM BARNES, CHAIRMAN OF THE BOARD, SAID THAT MAJOR FACTORS IN THE SELECTION OF MR RAZACK FOR THE POST HAD BEEN HIS FINANCIAL EXPERTISE, ADMINISTRATIVE SKILLS AND LEADERSHIP ABILITY. THESE, COMBINED WITH HIS RECENTLY-ACQUIRED KNOWLEDGE OF THE PROPERTY MARKET AND SELF-EVIDENT ENERGY AND ENTHUSIASM, WOULD MAKE HIM AN

IDEAL CANDIDATE.

THE APPOINTMENT OF THE CHIEF EXECUTIVE FOR THE LAND DEVELOPMENT CORPORATION IS THE FIRST PRACTICAL STEP TOWARDS ESTABLISHING THE CORPORATION. AT THE SAME TIME DRAFT LEGISLATION IS BEING PREPARED WHICH IT IS HOPED TO ENACT IN THE MIDDLE OF THE YEAR.

DEPUTY REGIONAL SECRETARY APPOINTED

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A SPOKESMAN FOR CITY AND NEW TERRITORIES ADMINISTRATION ANNOUNCED TODAY (WEDNESDAY) THAT MR PAUL LEUNG SAI-WAH, AGED 39, HAS BEEN APPOINTED DEPUTY REGIONAL SECRETARY FOR HÒNG KONG AND KOWLOON.

MR LEUNG, WHO JOINED THE CIVIL SERVICE IN 1971 AND IS CURRENTLY THE ADMINISTRATIVE ASSISTANT TO THE DEPUTY CHIEF SECRETARY, WILL TAKE UP HIS POST ON MARCH 16.

HE REPLACES MR KEVIN MAK WHO HAD EARLIER BEEN APPOINTED DEPUTY DIRECTOR OF INFORMATION SERVICES.

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