The general agents constantly have in mind the necessity for keeping abreast of the times as regards construction generally "and. the improvement of facilities for cargo ud passenger trade, In matters of this "kind 1 think shareholders will agree that there must be no lagging behind. The time is probably not far distant when we shall have to undertake further development on' the Hongkew and Hunts frontages.
'You were again informed by circular dated April 20, 1037, that negotiations were still' proceeding, Jand the directors - were" not in position to make an announcement at that time, but that shareholders would be advised of the result.of Proposed by. Mr Seconded BY Mr. Yoke Char Poot these negotiations as soon as possible. These negotiations are con-
Text read from the printed page and cleaned; old type leaves the occasional error.