'If the Government says money is not important, then it is cheating me. Who says it is not important?' - Peter Fung Yui-fai, managing director of Sun Hung Kai International, on announcing the Odelon consortium was considering legal action after the Government awarded a contract to develop and operate the Tuen Mun River Trade Terminal to a rival consortium led by Hutchison International Port Holdings which submitted a $1.2 billion lower bid. SHK International's sister company, Sun Hung Kai Hong Kong Industries, was one of Odelon's five partners.
'They are my friends' - Henderson Land Development chairman, Lee Shau-kee, speaking of the local developers in the rival consortium that won the Tuen Mun River Trade Terminal tender. Henderson's consortium Odelon lost the bid to a rival including Sun Hung Kai Properties, of which he happens to double up as vice-chairman.
'This is the best punishment, as these magazines are obviously writing these sensational reports for the sake of publicity and to boost circulation' - Mohamed Rahmat, Malaysia's Information Minister, after the Home Ministry ordered ministries and government departments to stop subscribing to Hong Kong-based Asiaweek magazine after it published allegedly 'malicious articles' about a reported power struggle between Prime Minister Mahathir Mohamad and his deputy Anwar Ibrahim.
'Train journeys are no longer free for us, so we want the staff to think about it before they start' - a memo from Railtrack, which owns the tracks used by British Rail, urging staff to refrain from using the railways. The State-run British rail system is being sliced up for privatisation.
'The relationship between the regulator and the regulated is not constantly good or bad, that's why I repeatedly say we need more communication' - a red-faced Edgar Cheng Wai-kin, chairman of the Hong Kong Stock Exchange, playing host to Securities and Futures Commission chairman Anthony Neoh, who was booed by floor traders.
