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Re: Re: [sharechat] BRY

From:	"Chong Family" <jka.chong@xtra.co.nz>
Date:	Sun, 11 Jun 2000 19:27:46 +1200

From the news, Downer won 25% of the bridge project in 14/05/1994. In 06/06/1994 BRY and ITC Construction Holding together bought 100% of Downer. In the agreement, BRY is responsible for any losses made in any Downer's project before the acquistion date. Downer made a lost of HK$192.8 milion from that project. BRY had refused to pay the loses and now the ITC Construction Holding is seeking HK$233 million in compensation which include interest cost.

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Re: Re: [sharechat] BRY Geoff Ewert

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