CONFIDENTIAL
VERY GOOD TAILORS
ORIGINAL STATUTORY OFFER HK DOLLARS 31,150.
AGREEMENT HAS BEEN REACH AT HK DOLLARS 52,601.44.
THE OWNER IS CONTINUING IN BUSINESS WITH HIS BROTHER WHO HAS OPERATED A TAILOR'S SHOP ELSEWHERE IN KOWLOON FOR SOME YEARS.
TAK YUEN CAFE
ORIGINAL STATUTORY OFFER HK DOLLARS 19,500.
AGREEMENT HAS NOT BEEN REACHED PENDING THE OPENING OF ALTERNATIVE
PREMISES NEARBY, WHEN THE CLAIMANT'S LOSSES CAN BE MORE ACCURATELY ASSESSED.
PARAMOUNT PHOTO SERVICES CO.
ORIGINAL STATUTORY OFFER HK
DOLLARS
LARS 13,807.
AGREEMENT HAS NOT BEEN REACHED. THE OWNER'S CLAIM APPEARS EXCESSIVE
AND IS LIKELY TO BE REFERRED TO THE LANDS TRIBUNAL SOON. THE PREMISES WERE A SHOWROOM FOR A FILM DEVELOPING AND PROCESSING LABORATORY OPERATING ELSEWHERE. WHETHER ALTERNATIVE PREMISES FOR
THE SHOWROOM HAVE BEEN FOUND IS NOT KNOWN.
SZE LAI SHOE CO.
ORIGINAL STATUTORY OFFER HK DOLLARS 15,820. FINAL SETTLEMENT
HK DOLLARS 21,024,
THE PREMISES WERE OWNED BY THE FATHER OF THE OWNER OF THE BUSINESS. AS COMPENSATION FOR THE PREMISES HAS RECENTLY BEEN SETTLED BY THE LANDS TRIBUNAL, IT APPEARS LIKELY THAT ALTERNATIVE PREMISES FOR THE SHOE SHOP WILL BE OBTAINED.
YUEN FAT STORE
ORIGINAL STATUTORY OFFER HK DOLLARS 22,815.
NO SETTLEMENT HAS BEEN REACHED. AS THE OWNER DESTROYED ALL BUSINESS RECORDS BEFORE THE ACQUISITION OF THE PROPERTY, THE CLAIM IS LIKELY TO BE REFERRED TO THE LANDS TRIBUNAL IN THE NEAR
FUTURE.
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CONFIDENTIAL
WING LUEN TAILORS
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