Plot
Hong Kong Land tendered the Government for the plot for $4.76 billion in February 1982, when the market was at a record high. Prices subsequently dropped, necessitating its debt to be restructured. In February 1983, HKL obtained an eight-year loan of $4 billion, a record. In December 1983, it announced that the plot was to be mortgaged to secure a $2.5 billion loan facility. The second instalment of $2 billion on the plot was due in the financial year 1984/85
Read more about this topic: Exchange Square (Hong Kong)
Famous quotes containing the word plot:
“Morality for the novelist is expressed not so much in the choice of subject matter as in the plot of the narrative, which is perhaps why in our morally bewildered time novelists have often been timid about plot.”
—Jane Rule (b. 1931)
“If you need a certain vitality you can only supply it yourself, or there comes a point, anyway, when no one’s actions but your own seem dramatically convincing and justifiable in the plot that the number of your days concocts.”
—John Ashbery (b. 1927)
“There saw I how the secret felon wrought,
And treason labouring in the traitor’s thought,
And midwife Time the ripened plot to murder brought.”
—Geoffrey Chaucer (1340?–1400)