THURSDAY, SEPTEMBER 8, 1988
15
PROVISIONAL SFC DIRECTOR APPOINTED
THE PROVISIONAL SECURITIES AND FUTURES COMMISSION LIMITED HAS APPOINTED MISS BARBARA MEYNERT AS A DIRECTOR OF THE COMPANY.
SHE WILL BE ASSISTING MR ROBERT OWEN, THR GOVERNMENT SECURITIES CONSULTANT, WHO, TOGETHER WITH THE SPECIAL UNIT OF THE MONETARY AFFAIRS BRANCH, IS WORKING ON THE ESTABLISHMENT OF THE PROPOSED SECURITIES AND FUTURES COMMISSION AND THE IMPLEMENTATION OF OTHER RECOMMENDATIONS OF THE REPORT OF THE SECURITIES REVIEW COMMITTEE.
MISS MEYNERT IS A MEMBER OF THE SECURITIES COMMISSION AND WAS UNTIL THE END OF LAST YEAR MANAGING DIRECTOR OF BARCLAYS DE ZOETE WEDD (ASIA) LIMITED.
MAN KAM TO ROAD WIDENED
THE NORTHBOUND TRAFFIC FLOW ON MAN KAM TO ROAD WILL BE CONSIDERABLY IMPROVED UPON THE OPENING OF THE WIDENED SECTION OF THE ROAD BETWEEN JOCKEY CLUB ROAD AND FU TRI AU ROAD FROM NOON TODAY (THURSDAY).
A SENIOR ENGINEER OF THE HIGHWAYS DEPARTMENT, MR PETER SO, SAID THE SECTION WAS THE SECOND AND LAST STAGE OF THE SCHEME TO IMIROVE MAN KAM TO ROAD, FROM JOCKRY CLUB ROAD TO LIN MA HANG ROAD.
COMPLETION OF THE SCHEME WOULD EASE THE EXISTING DIFFICULTIES EXPERIENCED BY LOCAL TRAFFIC ON MAN KAM TO ROAD BETWEEN SHEUNG SKUI AND MAN KAM TO AS TWO LANES WERE NOW AVAILABLE FOR NORTHBOUND TRAFFIC, MR SO SAID.
THES MEANT ANY QUEUEING OF CROSS-BORDER TRAFFIC WOULD BF SEGREGATED FROM THE LOCAL TRAFFIC WHEREBY THE INTERACTION OF THE TWO TYPES OF TRAFFIC IN THE AREA WAS REDUCED TO THE MINIMUM.
THE MAJOR PART OF THE OLD MAN KAM TO ROAD TWO-WAY, TWO-LANE CARRIAGEWAY WITHOUT FOOTPATHS.
WAS A SUB-STANDARD
CROSS-BORDER TRAFFIC, RESULTED IN SERIOUS
IN RECENT YEARS, THE RAPID GROWTH IN PARTICULARLY OF HEAVY GOODS VEHICLES, HAS CONGESTION AND RAPID ROAD SURFACES DETERIORATION.
THE PREDOMINANTLY HEAVY GOODS VEHICLE TRAFFIC AND THE LACK OF FOOTPATHS ALSO POSED A SAFETY HAZARD TO PEDESTRIANS.
/THE IMPROVEMENT ...............
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