TNAG-2760-FCO40-3977-Hong-Kong-United-States-anti-trust-notification-1993 — Page 19

1993-06-01 10:53 TRADE & INDUSTRY BRANCH

852 840 1881 P.01

布政司署

香港下亞畢道

**64 Our REF : (6) in TIB L/M 58/93

GOVERNMENT SECRETARIAT

LOWER ALBERT ROAD

HONG KONG

By fax & post (071-215-4604)

**EM YOUR REF: NL 4/07

Ms Anna Godwin

HKB 121/10

RECEIVED IN REGISTRY

DESK OFFICER

INDEX.

REGISTRY

12 JUN 1993

Head, North America trapelief sectionTaken Department of Trade and Industry

Kingsgate House.

66-74 Victoria Street

London SW1E 6SW

United Kingdom

Dear Ms Godwin

1 June 1993

Naiss Grew

Аст

ACT 1/6

cc Mr Green Sols DS

Ms Turner CP2b

Mi Sach OPI

PA

3/6

CFT

Mr Whitney HKD, FCO PA Mr E white horn CPS;

RM 4/07

US Anti-trust Notification: Semi-Tech (Global) Co Ltd

Thank you for your letter of 14 May to Mr Gordon We are grateful for your prompt notification of the case and for the action that you have taken already.

Siu.

Semi-Tech (Global) Co Ltd is a holding company, listed on the Hong Kong stock exchange, engaged in the distribution and manufacture of consumer electronics and durables.

Its core business is Singer Company N.V., the manufacturer and distributer of sewing machines, in which it holds a 51% interest. Singer Company N.V. is listed on the New York Stock Exchange. It operates in its own name in Europe, as well as through a subsidiary distribution company named Singer Europe. Singer Europe contributed 10% of

Semi-Tech's turnover of HK$9,371 million in 1992.

We are seeking information from our Washington Office and consultants on anti-trust actions and any background to this case that they can ascertain. Once we have this, we

would welcome further discussion with you on how best to act together on this matter if we have grounds to do so.

Yours sincerely

(K A Salkeld)

for Secretary for Trade and Industry