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Govt proposes to abolish headcount and put 10% objection rule into law for privatisations

HK Government, 29-May-2012

Success! This is what Webb-site proposed in our submission to LegCo on 12-Mar-2012. Now the Government and SFC have come around to this position, having earlier proposed to keep the headcount rule. We can now call off our "Project Decapitate", assuming the law is passed.

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