XN000022-1989-04-04 — Page 6

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COMPANY REGISTRATION REVOKED

* *

TUESDAY, APRIL 4, 1989

OF

THE COMMISSIONER OF BANKING ANNOUNCED THAT THE REGISTRATION F.E.B. FINANCE LIMITED AS A DEPOSIT-TAKING COMPANY HAS BEEN REVOKED AT THE CLOSE OF BUSINESS TODAY (APRIL 4) AT ITS OWN REQUEST UNDER SECTION 31(2) OF THE BANKING ORDINANCE.

RESULTS OF SIR EDWARD YOUDE MEMORIAL FELLOWSHIPS AND SCHOLARSHIPS ANNOUNCED

*

SCHEMES FOR THEIR STUDIES

THE SIR EDWARD YOUDE MEMORIAL FUND COUNCIL TODAY (TUESDAY)

$2.5 ANNOUNCED THE RESULTS OF ITS

MILLION SCHOLARSHIP LOCAL TERTIARY STUDENTS AND STUDENTS WHO WOULD FURTHER OVERSEAS IN THE 1989-90 ACADEMIC YEAR.

MR THE COUNCIL CHAIRMAN,

AND

STEPHEN CHEONG, SAID: "THE LOCAL FELLOWSHIP SCHEME IS AIMED AT ENCOURAGING HIGH ACADEMIC STANDARD AND LEADERSHIP DEVELOPMENT,

SCHOLARSHIP

"THE AWARDS FOR STUDIES OVERSEAS ARE то PROVIDE

THE STUDENTS AT THE FINEST EDUCATION OF SOME OF HONG KONG'S BRIGHTEST ACADEMIC INSTITUTIONS IN THE WORLD."

FOR

RESEARCH STUDENTS FROM

LOCAL AWARDS

THIS YEAR, 36 POSTGRADUATE TERTIARY INSTITUTIONS WERE SELECTED FOR THE LOCAL FELLOWSHIP TOTALLING $900,000.

HONG KONG AMONGST THEM, 16 ARE FROM THE UNIVERSITY OF 13 FROM THE CHINESE UNIVERSITY OF HONG KONG (CUHK); SIX FROM THE KONG POLYTECHNIC (HKP) AND ONE FROM THE CITY POLYTECHNIC OF HONG (CPHK).

(HKU);

HONG

KONG

THESE FELLOWSHIPS ARE WORTH $25,000 EACH AND MAY BE RENEWED THE RECIPIENTS SHOW SATISFACTORY PROGRESS IN THEIR RESEARCH PROJECTS.

SIXTY UNDERGRADUATE AND DIPLOMA STUDENTS WERE ALSO AWARDED

OF THIS YEAR.

THESE, YOUDE SCHOLARSHIPS TOTALLING $600,000 STUDENTS ARE FROM HKU; 19 FROM CUHK ; 14 FROM HKP: SEVEN FROM CPHK FOUR FROM THE HONG KONG BAPTIST COLLEGE.

IF

THE

16

AND

NOMINATED COUNCIL.

RESPECTIVE

MR CHEONG SAID THE FELLOWSHIP AND SCHOLARSHIP

INSTITUTIONS BY THEIR

AND

CANDIDATES WERE SELECTED

THE

BY

"THEY HAD