XN000022-1992-07-03 — Page 16

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FRIDAY, JULY 3, 1992

"THE

FIRST WILL COVER THOSE SCHEMES WHERE THE CONTRACT MERELY PROVIDE FOR THE MANAGEMENT BY AN INSURER OF INVESTMENT UNDER RETIREMENT SCHEMES.

"SINCE THE LIABILITIES OF THE SCHEME OPERATOR UNDER SUCH CONTRACTS RELATE DIRECTLY TO THE VALUE OF THE INVESTMENTS UNDER MANAGEMENT, THE ASSETS WILL BE REQUIRED TO BE KEPT IN A FUND SEPARATE FROM THE FUND CONTAINING THE ASSETS OF OTHER CLASSES OF LONG-TERM BUSINESS," HE SAID.

"THE OTHER COMPONENT RELATES TO THOSE SCHENES WHERE RETIREMENT BENEFITS ARE PROVIDED THROUGH CONTRACTS OF INSURANCE.

"NO SEPARATION OF ASSETS FROM THE GENERAL LONG-TERM FUND WILL REQUIRED FOR THIS COMPONENT OF THE NEW CLASS WHICH IS NOT ASSET- LINKED," THE SPOKESMAN SAID.

BE

PREQUALIFICATION OF TENDERERS FOR WEST KOWLOON RECLAMATION

*

DEVELOPMENT

DEPARTMENT

IS

CONTRACTORS

TERRITORY THE

INVITING SUBMISSIONS FROM SUITABLE PREQUALIFICATION

FOR THE CONSTRUCTION OF THE WEST KOWLOON RECLAMATION - NORTHERN AREA PHASE II.

WORKS ARE LIKELY TO TENDERS FOR THE CONSTRUCTION OF THE INVITED FROM APPROVED CONTRACTORS IN OCTOBER THIS YEAR.

BE

CHI

OF THE WORKS COMPRISE ABOUT 100 HECTARES TAI KOK TSUI AND LAI

кок, AND ON STONECUTTERS ISLAND

TOGETHER WITH THE CONSTRUCTION ASSOCIATED SEAWALL CONSTRUCTION PIERS FOR A DOCKYARD, A COOLING WATER INTAKE AND CULVERTS, AND ASSOCIATED ACCESS ROADS.

RECLAMATION BETWEEN WITH OF

PUMPHOUSE, DRAINAGE

HONG

CARRIED OUT BY MOTT DESIGN OF THE WORKS IS BEING KONG LIMITED FOR

DEVELOPMENT THE URBAN AREA TERRITORY DEVELOPMENT DEPARTMENT.

OFFICE

NACDONALD OF THE

WORKS

PUBLIC

AND

TO

APPROVED CONTRACTORS. FOR CONTRACTORS ON THE RELEVANT LISTS WITH PREVIOUS EXPERIENCE OF MAJOR RECLAMATIONS DREDGING WORKS ARE INVITED TO APPLY FOR PREQUALIFICATION DOCUMENTS

SUN HUNG ΚΑΙ CENTRE, 30 MOTT MACDONALD HONG KONG LTD, 12TH FLOOR, HARBOUR ROAD, WAN CHAI, HONG KONG,

COMPLETED

PREQUALIFICATION SUBMISSIONS DIRECTED NO LATER THAN NOON ON JULY 31.

SHALL BE

MADE

AS

0

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