Insider Dealing Tribunal appointment


The Financial Secretary has appointed Mr Sze Tsai-ping, Michael, and Mr Chow Fu-kee, Felix, as lay members to the Insider Dealing Tribunal set up to inquire into possible insider dealing in the listed securities of the Ngai Hing Hong Company Ltd ("NHH") on July 21, 1995.

The appointments were made in accordance with section 15(2) and section 15(5) of the Securities (Insider Dealing) Ordinance, and with paragraph 3 of the Schedule thereto.

Mr Sze is the Managing Director of NSC Securities (Asia) Ltd. and Mr Chow is the Alternate Director and Consultant to Managing Director of First Shanghai Investments Ltd. They will be sitting in the Tribunal under the chairmanship of the Honourable Mr Justice Burrell. Preliminary hearing of the NHH case will be held tomorrow (Friday) at 2.30 pm in Room 702, Tower Two, Lippo Centre, 89 Queensway.

End/Thursday, May 21, 1998