XN000022-1994-07-26 — Page 6

TUESDAY, JULY 26, 1994

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TWO GOVT LOTS SOLD FOR $1,225 MILLION

TWO LOTS OF GOVERNMENT LAND WERE SOLD FOR A MILLION AT THE PUBLIC LAND AUCTION HELD BY THE LANDS

(TUESDAY) AFTERNOON.

TOTAL OF $1,225 DEPARTMENT THIS

WAS BOUGHT BY AT $600 INTENDED

THE FIRST LOT, LOCATED IN ARBA 30, TAI PO, CHOLLOW INVESTMENTS LIMITED AT $890 MILLION. BIDDING OPENED MILLION. WITH AN AREA OF ABOUT 23,800 SQUARE METRES, IT IS FOR PRIVATE RESIDENTIAL USE.

THE DEVELOPER HAS TO COMPLETE A GROSS FLOOR AREA OF THAN 11,424 SQUARE METRES BEFORE SEPTEMBER 30, 1998.

NOT LESS

THE SECOND LOT, LOCATED AT AREA 2, TAI PO KAU HUI, TAI PO, AND HAVING AN AREA OF ABOUT 2,114 SQUARE METRES, WAS BOUGHT BY LANDSTAR INVESTMENT LIMITED AT $335 MILLION, WITH BIDDING OPENING AT $200 MILLION.

IT IS INTENDED FOR NON-INDUSTRIAL PURPOSES EXCLUDING GODOWN.

THE DEVELOPER HAS TO COMPLETE A CROSS FLOOR AREA OF NOT LESS THAN 7,600 SQUARE METRES BEFORE SEPTEMBER 30, 1988.

THE AUCTION WAS HELD IN THE CONCERT HALL OF HONG KONG CULTURAL CENTRE, TSIM SHA TSUI, AND WAS CONDUCTED BY GOVERNMENT LAND AGENT, NIGEL BURLEY.

MR

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$8M GRANTED FOR DISASTER RELIEF IN RWANDA

(TUESDAY)

THE DISASTER RELIEF FUND ADVISORY COMMITTEE TODAY RECOMMENED THAT THREE GRANTS TOTALLING $8 MILLION BE MADE FROM THE DISASTER RELIEF FUND FOR EMERGENCY ASSISTANCE TO RWANDANS.

A GOVERNMENT SPOKESMAN SAID: "THE RECOMMENDATIONS WERE MADE IN RESPONSE TO THREE SEPARATE APPLICATIONS FROM HONG KONG RED CROSS, MEDECINS SANS FRONTIERES HONG KONG AND HONG KONG COMMITTEE FOR UNITED NATIONS CHILDREN'S FUND.

"THE THREE RELIEF ORGANISATIONS HAVE SUBMITTED THEIR RESPECTIVE PROPOSALS ON PROVIDING RELIEF SERVICES FOR THE RWANDAN REFUGEES FOR THE CONSIDERATION OF THE ADVISORY COMMITTEE.

"THE COMMITTEE IS SATISFIED THAT THE THREE PROPOSALS ARE IN LINE WITH THE GUIDELINES FOR GRANTS FROM THE FUND. THE COMMITTEE CONSIDERS THAT EACH PROPOSAL HAS ITS OWN MERITS AND CAN CATER FOR DIFFERENT NEEDS OF THE AFFECTED POPULATION, THE SPOKESMAN SAID.

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HAVING REGARD TO THE ESTIMATED BUDGET OF EACH PROPOSAL, THE NATURE OF THE RELIEF SERVICES AND THE LIKELY NUMBER OF BENEFICIARIES, THE COMMITTEE RECOMMENDED THAT THE APPLICATION BE SUPPORTED FOLLOWING EXTENT IN TERMS OF MONEY:

TO THE

HONG KONG RED CROSS

MEDECINS SANS FRONTIERES HONG KONG HONG KONG COMMITTEE FOR UNITED

NATIONS CHILDREN'S FUND

$2 MILLION

$4 MILLION

$2 MILLION

/"THE COMMITTEE