----- Original Message -----
Sent: Sunday, June 11, 2000 7:27 PM
Subject: Re: Re: [sharechat] BRY
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.