Capital Raising for Private Banks


Nigel Webber
Managing Director,
Head of Investment Management
HSBC Republic

Date: February 19, 2004 (Thursday)

The China Club
14th Floor, Old Bank of China,
Bank Street, Central, Hong Kong

Cocktails 12:15 p.m.
Luncheon 12:40 p.m.
Talk 1:30 p.m. - 2:00 p.m.

Please complete the attached reservation form and fax to (852) 2526 2713. Reservations must be followed by payment of check.
2) Please consider your registration confirmed unless you are notified otherwise. Name badge can be collected on the day of the program.
3) Please note that no-shows will be charged. Cancellations cannot be accepted less than 2 working days before the event.
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Consultation on Exemption of Offshore Funds from Profits Tax

HKVCA had written to the government for clarification on taxation of offshore funds in Hong Kong. The Secretary for Financial Services and the Treasury has now started a consultation exercise on proposed amendment to the Inland Revenue Ordinance (IRO) to exempt offshore funds from profit tax.

For details of the Consultation Paper please click:

All members are welcomed to attend a meeting to discuss the issue and to formulate a response.

Date: February 9, 2004 (Monday)

12:30 - 2:00pm

Place:   General Enterprise Management Services(HK) Ltd.
3601 Cheung Kong Center
2 Queen's Road, Central, H.K.

If you wish to attend, please contact Monica Lo at 2845 6100 or email:



Membership Renewal for the year 2004

Annual renewals for memberships are due in January 2004.


What objectives and programs do you consider
are important to the Association.

Please complete the attached survey form.

download survey form



Promotion of Graduate and Summer Employment of PolyU Students

In summer 2004, over 4,000 graduates and 4,900 non-final-year students from a wide spectrum of courses will be available respectively for graduate employment and summer jobs during late May to late August. If your company has suitable vacancies for these students, you can post your advertisement online at the Joint Institution Job Information System at

For more information, please contact:
Jack Kwan Tel. 2766 6803, email:
Sue Wong Tel. 2766 6793. email:


Hong Kong Science & Technology Park

International Technology Conference 2004
10 & 11 Feb 2004
Hong Kong Convention & Exhibition Center

For more information, please visit:



The 6th Annual China Venture Capital Forum 2004

April 2nd-3rd, 2004
WuZhou Guest House, Shenzhen, China

Please click here more information



Hong Kong Electronics Fair 2004 (Spring Edition)

April 14-17, 2004 (Wednesday – Saturday)
Hong Kong Convention & Exhibition Centre
1 Harbour Road, Wanchai, Hong Kong

For more information, please visit:



Quam Capital Limited

Nature Business: Leisure: Beijing Ski Area Development
Funds Required: US$12 million

Project Details:
Beijing has a large population with a fast growing middle class with high disposable incomes available for leisure and healthy recreational activities. The first ski area in Beijing opened in January 2000 and since that time the ski market has grown rapidly year on year. Forecasts predict that this is likely to continue for at least another decade. However, existing facilities are quite basic with limited length slopes, which are generally suited for beginners only.Our client has over 25 years of experience in developing ski areas around the world and for the last three years within China itself. They have now identified a site close to the centre of Beijing whose mountain topography makes it capable of being developed into a ski area significantly larger than any existing areas both in terms of slope variety and vertical drop.

Our client is now seeking suitable partners to co-develop the site and is seeking to raise outside funding of US$12 million for development funding. One of the shareholders in the project will be an existing PRC based operator of existing ski areas in China.

Contact Details:
Mr Adrian Bradbury
Director, Quam Capital Limited
Room 2301, Alexandra House16-20 Chater Road, Central, Hong Kong
Tel : 3184 8628
Fax : 2111 9032
Email :



Hong Kong Science & Technology Park

Nature Business:
High technology incubation programme and Hong Kong Science Park for companies in information technology / telecommunications, electronics, bio-tech and precision engineering

Funds Required:
0.5 – 10 million USD for various start-ups and Hong Kong Science Park tenants

Project Details:
The company is a public organization established by the Hong Kong SAR Government to facilitate the development of local high technology industry. Currently there are some 80 start-up companies in its incubation programme. Phase I of Hong Kong Science Park will soon be completed and has started to accommodate the first batch of high technology companies from Hong Kong and overseas countries.

To enhance Hong Kong's capabilities in high-value electronic manufacturing, the Hong Kong IC Design / Development Support Centre at Hong Kong Science Park has been established to provide a total one-stop service to companies engaged in integrated circuits (IC) design - one of the most important technological foundations of a high value-added electronic industry. The Centre supports Hong Kong based IC companies throughout the entire IC product development cycle from initial design to production release. The shared support services are designed to strengthen local IC companies and attract international IC design firms to Hong Kong.

Contact Details:
Mr. C.W. Sung, Assistant Manager
Room 100, Tech Centre,72 Tat Chee Avenue, Kowloon Tong. Kowloon.
Tel : 2784 2686
Fax : 2788 4433
Email :
Website :



All the newsletters will be sent by email. To receive by fax, please contact Mr. Alex Tsang at
Tel: (852) 2845 6100
Fax: (852) 2526 2713