TNAG-0639-FCO40-787-Construction-of-underground-railway-system-in-Hong-Kong-(Mas-1978 — Page 158

CONFIDENTIAL

WING LUEN TAILORS

ORIGINAL STATUTORY OFFER HK DOLLARS 35,210.

FINAL SETTLEMENT HK DOLLARS 55,895.77.

IT IS NOT KNOWN WHETHER THIS BUSINESS HAS BEEN RE-ESTABLISHED

ELSEWHERE.

THE OWNERS OF THE BUSINESSES WHOSE CLAIMS ARE OUTSTANDING HAVE

BEEN PAID ADVANCES OF COMPENSATION IN THE AMOUNT OF THE ORIGINAL STATUTORY OFFERS. BECAUSE IT TOOK SOME TIME TO OBTAIN THE EVIDENCE ON WHICH TO BASE STATUTORY OFFERS, THESE WERE PRECEDED BY EX-GRATIA OFFERS OF CASH ASSISTANCE AT A RATE OF HK DOLLARS 40 PER SQUARE FOOT OF BUSINESS AREA OCCUPIED AND LOWER RATES FOR ANCILLARY USES. THE EX-GRATIA OFFERS WERE, HOWEVER, REFUSED.

MACLEHOSE

FILE S

HKD (3) FED

MGD

MR CORTAZZI

MR MURRAY

COPIES TO:

MR ASHWOOD CRE4 DOT

MR LIPSEY

PRIVATE OFFICE

MR S T KIDD

HONG KONG GOVT OFFICE 6 GRAFTON STREET W.1.

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CONFIDENTIAL