The Lawyer Africa Elite 2014 features an in-depth look at 46 leading independent firms’ strategies in 15 key sub-Saharan jurisdictions, as well as the views of in-house counsel from some of Africa’s largest companies... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
The securitisation of the toll revenue from five tunnels and a bridge, which are expected to raise HK$6bn (£408m), is part of a HK$21bn (£1.43bn) fund raising exercise by the Hong Kong government to cut its budget deficit.
The government will retain ownership of the toll roads, including control over the arrangements with operators. The rights to the revenue from the toll roads will fully revert to the government at the end of the securitisation period.
A decision on the appointment is expected later this month.
It has been reported that the government has also proposed selling loans owned by the Housing Authority to Hong Kong Mortgage Corp to raise HK$10.9bn (£741.2m). It is also preparing work on the proposed privatisation of the Airport Authority and the merger between Kowloon Canton Railway Corp and the MTR Corp.