CONFIDENTIAL
4
CONFIDENTIAL
FM FCO
TO PRIORITY HONG KONG
TELNO 880
OF 061430Z APRIL 88
3
HKC 105
sli
050735
MDLOAN 4020
TOP COPY Q DIST ?
YOUR TELNO 1243: EXCHANGE FUND ORDINANCE APPROVED INVESTMENTS
1.
IN ORDER TO ENABLE US TO CONSIDER THIS REQUEST FOR APPROVAL, WE WILL NEED CONFIRMATION OF THE NATURE OF THE PROPOSED LOAN.
2. IT SEEMS FROM PARA 4 OF TUR THAT THE EXCHANGE FUND WOULD BE MAKING AN INTEREST-BEARING SHAREHOLDER LOAN. WOULD THIS LOAN BE SECURED ON THE ASSETS OR UNDERTAKINGS OF HACTL?
HOWE
YYYY
ΜΑΙΝ
21
MINIMAL
HKD
ADDITIONAL
1
MR FIFOOT, LEGAL ADVISERS
NNNN
DISTRIBUTION
22
ERD
FINANCE D
1
PAGE CONFIDENTIAL
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