TNAG-1646-FCO40-2293-Chinese-investment-in-Hong-Kong-1987 — Page 12

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

8

1985

1985

1986

1986

1986

1987

1987

Vitality Investment and Development Ltd.

Hong Kong and Macau Investment Co. Ltd.

Modern Concept Co. Ltd. (68% of the shares

of this company are owned by China Merchant Steam Navigation Co. Ltd.

China International Trust and Investment Corporation

Guang Xiu Enterprise Ltd.

(a subsidiary of

Guangdong

International

Trust and Investment Corporation)

Guangdong Enterprises

(Holdings) Ltd.

Tien On Co.

Set up to engage in trade, finance, stocks and property.

Acquired Sun King Fung Development Ltd. to form a new company called Tylfull, which is mainly engaged in property and financial business.

Acquired 61.3% of the issued shares of Union Bank with HK$36.7 million.

Invested HK$350 million to acquire 95% of Ka Wah Bank.

Joined with Linton Chu and Co. to form Guang Lee Securities Ltd..

Acquired a 80% stake in Amchamp Trading Ltd. which has a controlling stake over a public listed company, Union Globe Developmen: Ltd..

Acquired a shell

company, United Food Industry (Far East) Co. Ltd. to facilitate fund raising activities in the capital market.

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