Chairman's Statement
Hong Kong Ferry (Holdings) C. Li 13
PROSPECTS
The Town Planning Board has recently agreed to rezone the Kingsford Industrial Centre at Yau
Tong to Residential (Group E) Zone. Upon the rezoning, the site, with an area of about 25,000 sq.
ft., can be developed into a commercial/residential building subject to Section 16 planning
approval under the Town Planning Ordinance and payment of land premium.
ACKNOWLEDGEMENT
On behalf of the shareholders and the Board, I would like to take this opportunity to express
appreciation to all our staff for their dedication and hard work during the past year.
Colin K. Y. Lam
Chairman
Hong Kong, 17 March 2000
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