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FS visits biomedical firm in UK

Financial Secretary Paul Chan yesterday visited a biopharmaceutical company and the Royal College of Art, and attended a lunch hosted by the China-Britain Business Council, as part of his ongoing trip to London.   Mr Chan visited AstraZeneca and met the company’s senior management to learn about its drug research and development activities, as well as its latest expansion plans.   AstraZeneca indicated that following in-depth talks with Hong Kong’s Office for Attracting Strategic Enterprises, it plans to develop a research and development centre in Hong Kong and will engage in further discussion with relevant government departments on the matter.   The Financial Secretary then attended a roundtable luncheon held by the China-Britain Business Council, and met representatives of British enterprises that do business, or plan to do business, either in the Mainland or Hong Kong.   Mr Chan later visited the Royal College of Art, which collaborated with the Hong Kong Polytechnic Unive

Sheung Shui site sold

The tender for a Sheung Shui site has been awarded on a 50-year land grant at a premium of $4.185 billion, the Lands Department announced today.   Fanling Sheung Shui Town Lot No. 278 at Area 24, Kwun Tung, New Territories was awarded to Season Investments, a subsidiary of Wheelock Properties.   It has a site area of about 7,624 sq m and is designated for non-industrial purposes excluding godown, hotel and petrol filling station.   The site’s minimum and maximum gross floor areas are 27,447 sq m and 45,744 sq m.
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