Greg So on ATV deal: Not So Fast!; HKIED application to retitle granted by UGC; Outsed DP members to form new party
Photo: Chris Lusher
Gov’t & LegCo
Greg So on ATV deal: Not so fast!
Gregory So, current Secretary for Commerce and Economic Development, stated that free-to-air TV license holders can undergo stake transfers only after the Communications Authority has granted them permission.
Deloitte agent Derek Lai responded through the press that the current deal does not hinge on receiving a new license. Even if the Communications Authority decides not to grant them one, the deal would still go through next april, when ATV’s current license expires.
The troubled Asia Television announced a HKD5.1bn deal with China Culture Media International, a consortium of mainland investors who bought a 41.66% of ATV stake from major shareholder Wong Ben-koon.
Government Trinity busy at work
Chief Executive CY Leung met the visiting Minister for Enterprise and Innovation of Sweden, Mr Mikael Damberg, at the Chief Executive’s Office this morning to exchange views on issues of mutual concern.
In the evening, CY gave a speech at the Hong Kong Disneyland 10th Anniversary Celebration. He believed Hong Kong’s many (Ed note -controversial) infrastructure projects would bring opportunities to the theme park.
From September 16 to 18, he will visit Jakarta to attend the promotional activities to be held by the Hong Kong Trade Development Council and the Hong Kong Tourism Board.
Financial Secretary John Tsang returned from his trip to the Asia-Pacific Economic Cooperation (APEC) Finance Ministers’ Meeting (FMM) in Cebu, the Philippines.
Meanwhile, Chief Secretary Carrie Lam was in the Yau Ma Tei – Tsim Sha Tsui – Mong Kok to discuss (ch) livelihood issues.
Ousted DP members to form new party
Ousted DP members Nelson Wong Sing-chi and Tik Chi-yuen are planning a new party. Tik described themselves as moderate pandems, and will position themselves in the centre.
He emphasised that their aspirations for democracy were the same as pandems, just on a different scale/intensity (程度上有分別).
Tik stated they will definitely run in next year’s LegCo elections.
Hong Kong Institution of Education to finally gain University retitle.
HKIED’s application to retitle as a University was accepted by the University Grants Committee (UGC), but the formal re-titling is still pending on an ExCo decision.
HKIED is one of Hong Kong’s eight subsidised tertiary institutes. Discussions to retitle the institute as a university have started as early as 2007. UGC rejected a similar bid in 2012 after turning them away in 2009.
Scuffles in MK after “Gau Wu” protest group attacked
According to media reports, members of the “Gau Wu” protest group were attacked by a group of men on Nathan Road. Three men were taken away by the police.
A small group of protestors who call themselves “shopping tours” have been showing up in Mong Kok on Sai Yeung Choi Street every night since the Mong Kok Occupy area was cleared last December.