XN000022-1992-01-31 — Page 20

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FRIDAY, JANUARY 31, 1992

ALL PROPOSALS SHOULD BE SUBMITTED ON OR BEFORE APRIL 30.

ATTENTION NEWS EDITORS:

4

GENERAL AND

3.30 PM TODAY GENERAL POST DIGITAL PUBLIC

A BRIEFING SESSION WILL BE HELD BY THE POSTMASTER TELECOMMUNICATIONS AUTHORITY, MR DOMINIC S.W. WONG, AT

ROOM, FOURTH FLOOR, (FRIDAY) IN THE GPO CONFERENCE

ANSWER CONNAUGHT PLACE TO

QUESTIONS OFFICE, 2 MOBILE RADIOTELEPHONE SERVICE.

MEDIA REPRESENTATIVES ARE WELCOME TO ATTEND.

ON

BANKING LICENCE OF CONTINENTAL BANK REVOKED

*

(FRIDAY) THAT A GOVERNMENT SPOKESMAN SAID TODAY LICENCE OF CONTINENTAL BANK N.A. HAS BEEN REVOKED BY THE COUNCIL AT THE REQUEST OF THE BANK.

THE BANKING GOVERNOR IN

CONTINENTAL BANK WAS GRANTED A BANKING LICENCE IN 1986.

"AS PART OF THE RATIONALISATION OF ITS BANK HAS DECIDED TO WITHDRAW FROM THE FAR EAST IN HONG KONG IN JUNE 1991," THE SPOKESMAN SAID.

OPERATIONS THE

OPERATING

GLOBAL

AND CEASED

162 LICENSED

AFTER THE REVOCATION, THERE ARE KONG, OF WHICH 132 ARE INCORPORATED OUTSIDE HONG KONG.

BANKS

IN

HONG

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