FRIDAY, MAY 1, 1987
ONE IS AT KA YIP STREET, CHA! WAN, AND MEASURES ABOUT 3 200 SQUARE METRES.
THE BUYER WILL BE REQUIRED TO COMPLETE AT LEAST 23 000 SQUARE METRES OF GROSS FLOOR AREA ON THE SITE BEFORE JUNE 30, 1991. THE OTHER SITE, COVERING AN AREA OF ABOUT 1 057 SQUARE METRES, IS AT KING'S ROAD, QUARRY BAY.
UNDER THE BUILDING COVENANT, THE PURCHASER HAS TO DEVELOP NOT LESS THAN 6 000 SQUARE METRES OF GROSS FLOOR AREA ALSO BY JUNE 30, 1991.
IT IS STATED IN THE LEASE CONDITIONS FOR BOTH SITES THAT THEY CAN BE USED AS GODOWNS, BUT NOT FOR OFFENSIVE TRADES.
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HONG KONG PROMOTION IN BRUSSELS ***
SPECIAL ADVISER TO THE GOVERNOR, SIR DAVID AKERS-JONES, WILL HEAD A DELEGATION TO BRUSSELS NEXT WEEK TO PROMOTE HONG KONG AS A TRADE AND FINANCIAL CENTRE AS WELL AS A GATEWAY TO CHINA.
MEMBERS OF THE DELEGATION INCLUDE FORMER CHAIRMAN OF THE HONGKONG AND SHANGHAI BANKING CORPORATION, SIR MICHAEL SANDBERG, LEGISLATIVE COUNCIL MEMBERS, MR STEPHEN CHEONG AND MR HELMUT SOHMEN DIRECTOR OF HONGONG BANK CHINA SERVICES, MR VICTOR SUN, AND DEPUTY DIRECTOR OF INDUSTRY, MR TONY EASON.
THE CONFERENCE TO BE HELD ON MAY 6, IS ORGANISED BY THE BELGIUM-HONGKONG SOCIETY TOGETHER WITH THE HONGKONG GOVERNMENT OFFICE IN BRUSSELS, THE BRUSSELS CHAMBER OF COMMERCE, THE BRITISH CHAMBER OF COMMERCE FOR BELGIUM AND LUXEMBOURG AND THE FINANCIAL EKONOMISCHE TIJD (A BELGIAN FINANCIAL ECONOMIC DAILY NEWSPAPER).
THE CONFERENCE IS AIMED AT PROMOTING AN UNDERSTANDING OF OPPORTUNITIES HONG KONG OFFERS TO BELGIAN AND OTHER EUROPEAN BUSINESS AND TO ASSIST THEM TO MAXIMISE THESE OPPORTUNITIES IN A PRACTICAL WAY, SIR DAVID WILL SPEAK ON HONG KONG'S POLITICAL AND ECONOMIC FUTURE.
/BEFORE RETURNING
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