and commenced the construction of a new 11-storey, fully
air-conditioned factory building providing 160,000 square
feet of manufacturing space. Expenditure on the land and
building totalled HK$6,427,975.00 and total expenditure as
at 31st December 1968 (the date to which the last available
balance sheet was made up) on plant, equipment, furniture
and fixtures amounted to HK$20,574,437.00. The new building,
the postal address of which is 135, Hoi Bun Road, Kwun Tong,
was officially opened in March 1966.
5.
A book of photographs showing the Company's
building and conditions of work therein is annexed to
this Memorandum as Attachment No.1.
6.
The Company currently employs over 5,000 employees
on two full shifts, namely:
(a)
Day shift
7 a.m. to 2.50 p.m.
(b)*
Swing shift
-
3.10 p.m. to 11.00 p.m.
with a partial "graveyard shift" of approximately 150
males from 11.00 p.m. to 7 a.m.
All daily operators on the day and swing shifts
are females and the Company's experience both in Hong
Kong and elsewhere shows that female labour is superior
and essential for this type of manufacture.
7.
Over the past four years, the Company has had an
average of over 4,000 local employees and has paid out to local employees in payroll alone over HK$48,500,000.00. The
current monthly payroll is in the region of HK$1,200,000.00.
2
*tc 3
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