XN000022-1994-07-29 — Page 4

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FRIDAY, JULY 29, 1994

CHINESE TEXTBOOKS COMMITTEE MEMBERSHIP ANNOUNCED

THE GOVERNMENT ANNOUNCED TODAY (FRIDAY) THE REAPPOINTMENT OF MR SZETO WAH AS CHAIRMAN OF THE CHINESE TEXTBOOKS COMMITTEE.

OF

THE GOVERNMENT ALSO ANNOUNCED THE APPOINTMENT OF THREE NEW MEMBERS TO THE COMMITTEE. THEY ARE MR. LI SHIU-TSANG, MANAGING DIRECTOR OF LI PO CHUN ESTATES LIMITED; MISS SO YAN-LAP, PRINCIPAL POOI TO MIDDLE SCHOOL; AND MR CLIFF SUN KAI-LIT, EXECUTIVE DIRECTOR OF KIN HIP METAL AND PLASTIC FACTORY LIMITED.

SEVEN INCUMBENT MEMBERS WERE ALSO REAPPOINTED TO THE COMMITTEE. THEY ARE MR CHAN TING-LAP, MR CHOI CHEE-CHEONG, DR KENNETH HO PUI- HUNG, DR VICTOR MOK HOI, DR TANG PAK-LAI, DR BENJAMIN TSOU KA-YIN AND MR WONG WAI-WAH.

THE ASSISTANT DIRECTOR OF EDUCATION (SCHOOLS) AND CHIEF EXECUTIVE (CURRICULUM DEVELOPMENT INSTITUTE) OF THE EDUCATION DEPARTMENT WILL CONTINUE TO SERVE AS EX-OFFICIO MEMBERS.

THE APPOINTMENTS ARE FOR A PERIOD OF TWO YEARS FROM AUGUST 1994 TO JULY 31, 1996.

1,

THE COMMITTEE IS FORMED TO REVIEW THE DEMAND FOR CHINESE TEXTBOOKS AND REFERENCE MATERIALS, INCLUDING TEXTBOOKS FOR THE TEACHING OF THE CHINESE LANGUAGE, IN THE LIGHT OF THE GOVERNMENT'S POLICY TO ENCOURAGE SCHOOLS то USE CHINESE AS THE MEDIUM OF INSTRUCTION.

THE COMMITTEE ALSO ENSURES THE AVAILABILITY OF A GOOD SECONDARY SCHOOL TEXTBOOKS AND REFERENCE MATERIALS CHINESE IN DIFFERENT SUBJECTS AT DIFFERENT LEVELS ON THE MEET THE NEEDS OF SCHOOLS.

VARIETY OF WRITTEN IN MARKET TO

ENHANCING

IN ADDITION, IT OFFERS ADVICE ON MEASURES FOR PROFICIENCY IN THE CHINESE LANGUAGE FROM THE PERSPECTIVE OF TEXTBOOKS AND REFERENCE MATERIALS, INCLUDING THE RANGE OF PUBLICATIONS WHICH SHOULD BE PRODUCED, AND ON RELEVANT RESEARCH PROJECTS WHICH MAY BE CONDUCTED.

STANDING COMMITTEE ON COMPANY LAW REFORM ISSUES TENTH REPORT

THE STANDING COMMITTEE ON COMPANY LAW REFORM HAS SUBMITTED ITS TENTH REPORT, COVERING THE YEAR 1993, TO THE GOVERNOR-IN-COUNCIL.

A GOVERNMENT SPOKESMAN SAID TODAY (FRIDAY) A LARGE VARIETY OF

THE SUBJECTS CONCERNING

COMPANIES, SECURITIES AND PROTECTION OF INVESTORS ORDINANCES HAD BEEN CONSIDERED BY THE STANDING COMMITTEE.

+

A TOTAL OF SEVEN RECOMMENDATIONS то AMEND THE RELEVANT LEGISLATION HAD BEEN MADE IN THE PAST YEAR.

THE

FOR

AMONG THE RECOMMENDATIONS IS THE PROPOSAL TO ENLARGE INVESTIGATORY POWER OF THE SECURITIES AND FUTURES COMMISSION PRELIMINARY INVESTIGATION AS A PRECURSOR ΤΟ A POSSIBLE FULL-SCALE INSPECTION.

/THE SECURITIES