XN000022-1993-12-15 — Page 6

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WEDNESDAY, DECEMBER 15, 1993

"BUT WE NEED TO DISCUSS THOSE ARRANGEMENTS, THOSE PROPOSALS WITH THE LEGISLATIVE COUNCIL. WE NEED TO DISCUSS THOSE PROPOSALS WIDELY IN THE COMMUNITY."

ON WHEN THE SECOND PART OF THE ELECTION REFORM BILL WOULD BE GAZETTED, THE GOVERNOR SAID: "THE REASON FOR TABLING AND INTRODUCING THE PARTIAL BILL, THE INTERIM BILL, IS IN ORDER TO TRY TO KEEP THE TALKS ALIVE.

"THE WHOLE COMMUNITY AND, I BELIEVE, CHINESE OFFICIALS KNOW PERFECTLY WELL THAT WE HAVE TO MOVE IN ORDER NOT TO MISS OUR LEGISLATIVE AND ADMINISTRATIVE DEADLINES.

H

HE REITERATED THAT THE BRITISH SIDE WOULD NOT WALK AWAY FROM THE NEGOTIATING TABLE. HE HOPES THAT THE CHINESE SIDE WOULD ALSO NOT WALK AWAY FROM THE NEGOTIATING TABLE.

ASKED IF THE CHINESE SIDE HAD RESPONDED то THE DIPLOMATIC CONTACT, MR PATTEN SAID: "WE CONTACTED CHINESE OFFICIALS AGAIN YESTERDAY AND ASKED THEM WITH OUR USUAL POLITENESS WHEN THEY WOULD BE ABLE TO GIVE US AN ANSWER ABOUT OUR PROPOSAL THAT THE 18TH ROUND OF TALKS SHOULD TAKE PLACE ON DECEMBER 17TH AND 18TH.

"WE WERE TOLD THAT OUR REQUEST WAS BEING CONSIDERED AND I WE WILL GET A REPLY VERY SOON. BUT WE'LL GO ON ASKING FOR TALKS AS WE ASKED FOR TALKS IN THE FIRST PLACE.

**

HOPE JUST

0

THREE SITES SOLD

* * * * *

THREE

AT

LOTS OF GOVERNMENT LAND WERE SOLD FOR $4,054 MILLION THE PUBLIC LAND AUCTION HELD BY THE LANDS DEPARTMENT THIS (WEDNESDAY) AFTERNOON.

BY

THE FIRST LOT, LOCATED OFF LUNG PING ROAD, KOWLOON WAS BOUGHT VICTORY WORLD LTD AT $3,940 MILLION. BIDDING OPENED AT $1,800

MILLION.

WITH AN AREA OF ABOUT 43,520 SQUARE METRES, IT IS INTENDED PRIVATE RESIDENTIAL USE.

THE DEVELOPER HAS TO COMPLETE A GROSS FLOOR AREA OF THAN 49,140 SQUARE METRES ON OR BEFORE DECEMBER 31, 1997.

FOR

NOT

LESS

PO PENG THE SECOND LOT AT THE JUNCTION OF LO PENG STREET AND STREET, PENG CHAU, NEW TERRITORIES, WITH AN AREA OF ABOUT 1,945 SQUARE WITH BIDDING METRES WAS SOLD TO ACTIVE BENEFIT LTD AT $82 MILLION, OPENED AT $68 MILLION.

IT IS DESIGNATED FOR NON-INDUSTRIAL (EXCLUDING GODOWNS, AND OFFICES) USE.

THE DEVELOPER HAS TO COMPLETE A GROSS FLOOR AREA OF THAN 4,900 SQUARE METRES ON OR BEFORE DECEMBER 31, 1996.

HOTELS

NOT LESS

/THE REMAINING