XN000022-1993-10-15 — Page 12

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FRIDAY, OCTOBER 15, 1993

10

GOVERNOR CANCELS VISIT TO EUROPE

GOVERNOR,

то HONG KONG

AND

A GOVERNMENT SPOKESMAN SAID TODAY (FRIDAY) THAT THE THE RT HON CHRISTOPHER PATTEN, HAD DECIDED TO RETURN IMMEDIATELY AFTER HIS VISIT TO LONDON ON NOVEMBER 8 TO 13 NOT BE VISITING EUROPE THE FOLLOWING WERK AS ORIGINALLY PLANNED.

WOULD

SECRETARY HONG

THE SPOKESMAN SAID THE GOVERNOR HAD ASKED THE CHIEF (DESIGNATE), MRS ANSON CHAN, TO TRAVEL TO EUROPE TO LEAD A MAJOR KONG PROMOTION IN GERMANY, FRANCE AND THE NETHERLANDS FROM NOVEMBER 14 TO 19.

LONDON, MR PATTEN

VISIT то "DURING HIS

BE WILL

HOLDING THE DISCUSSIONS WITH THE PRIME MINISTER AND THE FOREIGN SECRETARY ON LATEST SITUATION IN THE TALKS WITH THE CHINESE GOVERNMENT ON ELECTORAL ARRANGEMENTS FOR THE 1994/95 ELECTIONS, THE SPOKESMAN SAID.

"THE

11

WE IT CLEAR THAT

ΤΟ DECISIONS HAVE

HAS MADE GOVERNOR

HAVE ONLY WEEKS IMPORTANT

BE MADE ON REMAINING BEFORE

THE RETURN ARRANGEMENT FOR THE 1994/95 ELECTIONS. HE THEREFORE WISHES TO TO HONG KONG FOLLOWING HA DISCUSSION IN LONDON.”

TO PARIS,

POLITICAL

OF

WHAT

IS

THE SPOKESMAN ADDED THAT THE GOVERNOR ATTACHED GREAT IMPORTANCE

PLANNED FOR KONG PROMOTION WHICH IS BEING

FRANKFURT, THE HONG

AMSTERDAM AND THE HAGUE WHICH WILL PROVIDE EUROPEAN

WITH LEADERS AND

UNDERSTANDING A BETTER BUSINESSMEN HAPPENING IN HONG KONG, ENHANCE HONG KONG-EUROPE LINKS, AND EMPHASISES OPPORTUNITIES FOR EUROPE ON BUSINESS IN HONG KONG.

"THE GOVERNOR IS DELIGHTED THAT MRS CHAN, OUR FIRST LOCAL CHIEF

CARRY THE HONG SECRETARY, WILL

KONG MESSAGE TO SUCH IMPORTANT INTERNATIONAL AUDIENCES, THE SPOKESMAN SAID.

T

KINGDOM

HE ADDED THAT MRS CHAN WOULD BE LEAVING FOR THE UNITED AT THE END OF NEXT WEEK WHERE SHE WOULD HAVE A SERIES OF MEETINGS WITH GOVERNMENT AND BUSINESS LEADERS.

HEADING THE LIST OF APPOINTMENTS IS A MEETING WITH THE SECRETARY, MR DOUGLAS HURD.

FOREIGN

TO

MRS CHAN WILL REMAIN IN LONDON AFTER THIS ROUND OF MEETINGS

MINISTERS AND OFFICIALS JOIN THE GOVERNOR IN HIS DISCUSSIONS WITH BEFORE FLYING TO FRANKFURT TO LEAD THE HONG KONG PROMOTION IN EUROPE.

SALES OF OVERSEAS TRUST BANK COMPLETED

A GOVERNMENT SPOKESMAN ANNOUNCED TODAY (FRIDAY) THAT THE SALE

OF THE OVERSEAS TRUST BANK (OTB) HAS BEEN COMPLETED.

THE GOVERNMENT SIGNED A CONDITIONAL AGREEMENT WITH GUOCO GROUP LTD. ON JULY 31, THIS YEAR TO SELL THE ENTIRE SHARE CAPITAL OF THE OTB.

ALL CONDITIONS BAVING BEEN SATISFIED, THE TRANSACTION HAS BEEN COMPLETED ON SCHEDULE TODAY. THE TOTAL CONSIDERATION FOR THE SALE

$4.457 BILLION,

IS

/"THE CONSIDERATION