TNAG-1226-FCO40-1539-Visits-by-prominent-businessmen-from-Hong-Kong-to-the-UK-1983 — Page 15

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PS

UNCLASSIFIED

HONG KONG : MR DAVID DAVIES

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AKK 026/9

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INDEX

2 5 SEP 1983

FROM: R Clift by

Hong Kong-Department

DATE: 23 September 1983

Cc:

PS/Mr Luce

Mr Giffard

PROBLEM

.1. How to reply to a letter to the Secretary of State from

the Hon R A McAlpine asking if he would be free to see

Mr David Davies, Managing Director-designate of the Hong Kong Land

Company, before Mr Davies leaves for Hong Kong on 1 October.

RECOMMENDATION

2. I recommend that the Secretary of State should reply on the

lines of the attached draft.

BACKGROUND

3. Mr Davies is currently Finance Director of the MEPC property group, having worked previously for Hill Samuel and the Chase Manhattan Bank. In August it was announced that he had been

appointed to be Managing Director of the Hong Kong Land Company.

He will succeed Mr Trevor Bedford, who resigned after the company

had incurred heavy losses as a result of the decline of the

property market in Hong Kong.

4. Mr McAlpine has suggested that Mr Davies might call on the

Secretary of State at the end of next week. The Secretary of State

will, however, be away then, and Mr Luce will not have returned to

the office. In the circumstances, I suggest that Mr Davies should

call on Mr Giffard, who has kindly agreed and would be free at

3 pm on 29 September.

23 September 1983

бир

R D Clift

Hong Kong Department

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