TNAG-1619-FCO40-2228-Executive-Council-of-Hong-Kong-memoranda-and-minutes-of-meet-1987 — Page 266

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

M(87) 15

189

(c) B SHARES

to steps

B

Sir S.Y. Chung said that he hoped that Government

would take

halt the practice

of issuing.

Shares. The Financial Secretary said that the matter,

which was complex, was being discussed in the Securities

Commission and by the Standing Committee on Company Law

Reform. He undertook to prepare a paper for the Council

on this matter.

The meeting concluded at 11.07 a.m.

CONFIRMED this the 14th day of April 1987.

Clerk of Councils

COUNCIL CHAMBER

GOVERNOR

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