6
Hong Kong Macau
Ltd., with 40% of
capital, acquired
International Investment Co.
its shares involving Chinese
Sun King Fung Development Ltd.
to form a new company called Tylfull. Tylfull
Co. Ltd. was to be engaged in property and
financial business.
1986 Q1
for
CITIC (HK) participated in a consortium
financing, building and operating the second
cross harbour tunnel in Hong Kong.
Everbright Industrial Corporation planned to
collaborate with the Kumagai Gumi Co. Ltd. and Cheung Kong (Holdings) Ltd. to develop property
above the Lam Tin MTR station near the northern
entrance to the second cross harbour tunnel.
a
China Resources (Holdings) Co. Ltd. announced
plans to invest HK$250 million to develop
godown and a pier at Cheung Sha Wan for handling
freight.
CMSNC agreed in principle to purchase the Euro-Asia Dockyard on Tsing Yi Island.
CITIC (HK) injected HK$350 million into the Ka
Wah Bank Ltd., holding a stake of 95%.
Hwa Yiu Pipe Production Co. Ltd., which had close
connection with China, invested in a factory in
the Tai Ро Industrial Estate. Investment in
plant and equipment was estimated at HK$1,650
million, and production was expected to commence
in October 1986.
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