MTRC chief Jack So Chak-kwong seems likely to lose one of his two posts, bringing the rail company in line with developments at the KCRC. At a committee formed to scrutinise an amendment to the Kowloon-Canton Railway Corporation (KCRC) Ordinance, which seeks to separate the posts of chairman and chief executive officer, Deputy Secretary for Transport Arthur Ho Kin-wah told lawmakers yesterday that separating the posts was in line with new management trends. 'This will boost the independence and transparency of the management board,' he said. Mr Ho said he expected the MTRC to follow suit. KCRC head Yeung Kai-yin, whose contract is due to expire at the end of next month, is both chairman and chief executive. Mr So also holds the same two posts. The Transport Bureau announced last month that Mr Yeung would be removed as chairman but keep his job as chief executive officer for the next two years. Speculation was rife that the Government wanted to weaken the power of Mr Yeung in the wake of a series of controversial decisions. Democratic Party legislator Andrew Cheng Kar-foo said: 'Isn't it because the property development plan of the KCRC at its Hunghom site has not produced good results? 'As a result, both the Government and the KCRC suffered indirect losses. Isn't it the work performance of Mr Yeung that has prompted the Government to speed up the tabling of the bill?' he asked. KCRC officials and Cheung Kong (Holdings) were engaged in discussions about the development of a KCRC site near its Hunghom rail terminus. But negotiation ended in 1999 due to failure to agree on price. Mr Ho disagreed that the KCRC had suffered losses as a result of the failed negotiation. 'As the talks did not lead to any agreement, you can't say who has lost. Now that the property market has gone down, it might be a blessing in disguise.' Miranda Leung Chan Chi-ming, corporate relations manager of the Mass Transit Railway Corporation, said a decision to split the positions would be made by the board of directors. 'Until now, the corporation has been functioning very well. But we have been constantly reviewing our corporate governance, . . .' she said. Mr So's contract is due to end in late 2003.