XN000022-1990-05-14 — Page 5

MONDAY, MAY 14, 1990

4

APPOINTMENTS TO SFC AND SECURITIES AND FUTURES APPEALS PANEL

SIR

JACOBS, PIERS

MR

ANNOUNCED THE FINANCIAL SECRETARY,

TODAY SUCCEED (MONDAY) THAT THE GOVERNOR HAS APPOINTED MR DAVID GLEDHILL TO MR FRANK FRAME, AND

LEE

THOMAS CHEN HON-CHIU TO SUCCEED MR

THE SECURITIES AND FUTURES TSENG-TAO AS NON-EXECUTIVE DIRECTORS OF

FUTURES COMMISSION, AND IN ADDITION, AS MEMBERS OF THE SECURITIES AND APPEALS PANEL, FOR A PERIOD OF TWO YEARS.

THE APPOINTMENT OF MR GLEDHILL WILL COMMENCE ON JUNE 1 LEE ON AUGUST 1 THIS YEAR.

"THE GOVERNOR HAS ALSO RE-APPOINTED MR PERIOD TO THE COMMISSION AND THE PANEL FOR A MAY 1 TO JULY 31 THIS YEAR," SIR PIERS SAID.

"AT

AND MR

THOMAS CHEN TSENG-TAO OF THREE MONTHS FROM

HAD THE

HE TIME

MR OF

APPOINTMENT CHEN'S ORIGINAL

ACTIVE BUSINESS IN INDICATED THAT HE WAS EXPECTING TO RETIRE FROM

AM PLEASED ABOUT A YEAR'S TIME BUT HIS PLANS HAVE BEEN DELAYED AND I

то SERVE ON THE COMMISSION FOR A THAT HE HAS AGREED TO CONTINUE FURTHER FEW MONTHS," HE SAID.

OF "I AM MOST GRATEFUL TO MR FRAME FOR HIS SERVICE AS A MEMBER

ALL THE BEST IN THE SECURITIES AND FUTURES COMMISSION AND WISH HIM HIS FUTURE ENDEAVOURS," HE ADDED.

MR DAVID GLEDHILL, AGED 55, IS THE CHAIRMAN OF THE SWIRE IN HONG KONG. HE HAS BEEN A RESIDENT OF HONG KONG SINCE 1958.

GROUP

MR LEE

HON-CHIU,

AGED

61,

IS THE

CHAIRMAN

OF

THE

HYSAN

DEVELOPMENT CO. LTD.

DISTRICT OFFICE WORKS CLOSELY WITH LOCAL ORGANISATIONS

* * *

VOLUNTARY AGENCIES AND LOCAL ORGANISATIONS HAVE BEEN DOING A GOOD JOB IN BUILDING A CARING COMMUNITY AND IMPROVING the QUALITY OF

MR STEVE BARCLAY, LIFE, THE EASTERN DISTRICT OFFICER,

SAID TODAY (MONDAY) DURING A VISIT TO THE EASTERN DISTRICT WOMEN'S WELFARE CLUB.

THE VISIT IS ONE IN A SERIES OF COURTESY CALLS THAT MR BARCLAY, WHO TOOK OFFICE LAST MONTH, IS MAKING ON LOCAL BODIES.

HAND IN HAND WITH DISTRICT TIES BETWEEN RESIDENTS AND THE

"THE DISTRICT OFFICE WILL ΤΟ FORGE CLOSER ORGANISATIONS GOVERNMENT," HE SAID.

WORK

WOMEN'S WELFARE

CLUB HOSTEL

THE 35-YEAR-OLD EASTERN DISTRICT OPERATES A DAY NURSERY FOR 100 CHILDREN IN NORTH POINT, AND A AND A RECREATION CENTRE FOR THE ELDERLY IN SHEUNG SHUI.

/IT ALSO