TNAG-2141-FCO40-3060-Hong-Kong-Port-and-Airport-Development-Strategy-(PADS)-1990 — Page 77

uki or

HK

PAPS file

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RESTRICTED

FM BTC HONG KONG TO PRIORITY DTI TELNO OTTER 143

OF 27080OZ JUNE 90 INFO PRIORITY FCO

HKC 182

RECEIVED:

17 JUL 1990

AIRPORT

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12

27/6

(75

076626

MOLIAN 1962

Mr Sandw Miss Made 10/1

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Mr Happy Ms Furness

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27/6 re distrib

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1. WEEKEND MEDIA REPORTS THAT MORGAN STANLEY ARE TO BE APPOINTED AS OVERALL FINANCIAL ADVISERS FOR PADS HAVE BEEN CONFIRMED TO ME. MORGAN HAVE HAD A SMALL OFFICE HERE FOR SOME TIME. ITS STAFFING IS NOW BEING INCREASED. I UNDERSTAND FROM BANKING CONTACTS THAT MORGAN'S STRENGTH IS IN THEIR ABILITY TO RAISE MONEY IN THE INTERNATIONAL MARKETS, PARTICULARLY THROUGH BOND ISSUES. THEY HAVE NOT/NOT NOTICEABLY BEEN INVOLVED IN PROJECT BUSINESS BEFORE.

2. I HAVE ALSO BEEN TOLD IN STRICT CONFIDENCE (PLEASE PROTECT) THAT WARDLEY ARE TO BE APPOINTED AS FINANCIAL ADVISERS ON THE AIRPORT ITSELF. THERE ARE RUMOURS TO THIS EFFECT IN BANKING CIRCLES BUT NO

Company? ANNOUNCEMENT HAS BEEN MADE AND STRANGELY THERE HAVE BEEN NO/NO

LEAKS.

HAYWARD

2716

YYYY

ΜΑΙΝ

3

NO DISTRIBUTION DTI, VIC ST

NNNN

DISTRIBUTION

3

HKD

COMED

1

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