22nd Floor, Hutchisan “guse 10 Harcourt Road
Hong Kong
Talex: 73178 HILHK HX Fax: 852-810 0705 Telephone: 852-523 0161
Smisa
Hutchison Whampoa Limited
Our Ref : SM/045/91
HWL
Private & Confidential
Mr. Peter Heap, C.M.G. Senior Trade Commissioner British Trade Commission 9/F Bank of America Tower 12 Harcourt Road Hong Kong
Jean Peter
Destroy after
Register
Received in Registry
22 JAN 1991
PA
Desk Offleur
INDEX
PRIORITY
21st January, 1991
Re: The British Nationality Scheme ("the Scheme"
- British Connections
Our
to Further
certain to clarify
discussions the other
of the aspects of
day, I
status
Hutchison
of
Holdings
would like the four main companies within the K.S. Li Group Whampoa Ltd. ("HWL"), Cavendish International Ltd. ("Cavendish"), Hongkong Electric Holdings Ltd. ("HKE") and Cheung Kong (Holdings) Ltd. ("Cheung Kong").
I
of of trade
The
have previously covered the subject between our four companies and the United Kingdom.
down figure of £250 million between 1987 and 1989 breaks between the four companies
HKE 25% as follows: HWL 50%, and the balance
split roughly
between
and Cheung Kong Cavendish. The purchases from the United Kingdom made by Cheung Kong
Kong and Cavendish relate largely for materials used in building construction and include HK$70 million for kitchen cabinet, $50 million on bathroom fixtures and $30 million for electronic equipment.
building programme
on-going
in the next 3 years.
these
Based
figures
Од
could
their double
I
have covered the
of subject
an
and
Ownership do not have much to add, but I enclose
organisational chart of the K.S. Li Group which identifies the percentage holdings of the four companies, at Schedule One.
is
As you can see from this enclosed chart, Cavendish a 65% owned subsidiary of HWL. The 35% holding in HKE by Cavendish is clearly а controlling share. It would
and Cavendish
seem to
therefore, me, under the HWL umbrella.
that
both
HKE
come
ViennaÁ
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