MTR's dividends should be forfeited

07-01-2009

Democratic Party legislator, Andrew Cheng
Democratic Party legislator Andrew Cheng says the government should consider forfeiting some of its dividends from the MTRC, in return for the corporation re-instating previous passenger concessions. Mr Cheng, who's the deputy chairman of Legco's transport panel, accused the MTRC of being mean by scrapping several concessions, including Sunday travel for the elderly. He said the government, as the MTRC's majority shareholder, should keep up pressure on the corporation by using its dividends as a bargaining chip


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