XN000022-1991-11-19 — Page 12

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TUESDAY, NOVEMBER 19, 1991

AS FOR THE REMAINING 55 DESTINATIONS, ATLA DECIDED THAT MORE DETAILED EVIDENCE SHOULD BE PRODUCED BY THE APPLICANT (AHK) AND THE OBJECTORS (CPA AND HDA) AT PHASE II OF THE INQUIRY, SO THAT THE PROPOSED DESTINATIONS CAN BE CONSIDERED ON A POINT-BY-POINT BASIS.

JOINING THE CHAIRMAN OF ATLA, MR JUSTICE R.G. PENLINGTON, FOR THIS INQUIRY WILL BE THE SAME PANEL MEMBERS WHO SAT IN PHASE I OF THE INQUIRY.

THEY ARE MR RONALD J. ARCULLI, MR NIGEL A. RIGG, MR STEPHEN LAU MAN-LUNG, AND MR DENNIS LAM HAW-SHUN.

THE INQUIRY IS OPEN TO THE PUBLIC AND WILL TAKE PLACE AT COURT NO. 12, SIXTH FLOOR, SUPREME COURT, QUEENSWAY.

THE HOURS OF SITTING WILL BE FROM 9.30 AM TO 1 PM AND 2.15 PM TO 5 PM EACH DAY.

ATTENTION NEWS EDITORS:

IMMEDIATELY

WILL BE ALLOWED BEFORE THE

A FIVE-MINUTE PHOTO SESSION BY MEDIA MEMBERS 9.30 AM NEXT MONDAY (NOVEMBER 25) COMMENCEMENT OF THE INQUIRY.

AT

BCCHK TAKE-OVER TALKS AT ADVANCED STAGE

棠棠

THE

THE REGISTRAR GENERAL, MR NOEL GLEESON, SAID TODAY (TUESDAY) HE AND HIS ADVISERS HAD NOW REACHED AN ADVANCED STAGE OF NEGOTIATIONS WITH THE LIPPO GROUP FOR THE TAKE-OVER OF BCCHK.

THAT

IF THE NEGOTIATIONS WERE SUCCESSFUL HE WOULD PLACE DETAILS THE PROPOSAL BEFORE THE HIGH COURT IN THE NEAR FUTURE.

OF

AS SOME OBSTACLES STILL REMAIN,

IT WOULD NOT BE POSSIBLE FOR MR GLEESON TO ISSUE ANY FURTHER STATEMENT FOR THE TIME BEING.

-

TWO GOVT LOTS SOLD FOR $824.5 MILLION

* * *

TWO GOVERNMENT LOTS OFFERED

AND FETCHED

FOR SALE BY THE BUILDINGS LANDS DEPARTMENT IN A PUBLIC AUCTION THIS (TUESDAY) AFTERNOON A TOTAL OF $824.5 MILLION.

THE FIRST LOT IS LOCATED AT 19 HO MAN TIN HILL ROAD,

KOWLOON.

/WITH AN