TNAG-2783-FCO40-4002-UK-business-interests-in-Hong-Kong-Chinese-discrimination-ag-1993 — Page 97

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

10

Franchise/ Franchisee

Type of franchise

III. Existing Franchises which do not straddle 1997

Date of grant/extension

Expiry Date

Remarks

Chinese interests

a)

Granted before 1984

HK

Electric

∞.

Itd. (HEC)

Scheme of Control Agreement (SCA) far

1. 1.1979

31.12.1993

1991

15 years

Hang

Kang

A 20-year franchise

Telephone Co. Ltd.

to provide local voice

telephone

service

+ Chứ

side have not been informed.

1. 7.1975

30. 6.1995

(The

SCA that

can

provides negotiations

start 3 years before expiry; negotiations with HEC commenced in March 1992 for a 15 year extension. It

should

be

completed in early

1993.

HKG has decided to issue

non-exclusive

licence to Telco to take effect from 1.7.1995

CITIC has 20% shareholding in Kang

Hang

Telecommunications Ltd., the parent

company of Telco.

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