1. THE HONG KONG INSTITUTE OF FACILITY MANAGEMENT CPD EVENT (CPD007/01) The closing date for reservation is Monday 22 October 2001. Cheque should be made payable to “HKIFM”. Interested parties please complete and return the reservation form together with the cheque to the HKIFM, 16/F 1063 King’s Road, Quarry Bay, HK by mail or direct debit to our Bank of East Asia Account #514-25-05750-5 and fax the pay-in slip back to 2537 4426.  Reservation Form The closing date for reservations is Monday 22 October 2001 Name: ____________________________________ Membership No: _______________ Contact No: ________________ Mobile Phone No: _____________ Fax No: __________ No of Reservation : ___________ Chq No: __________________ made payable to HKIFM ADMISSION TICKET/ OFFICIAL RECEIPT HKIFM LUNCHEON ~ The Risks of Exporting HK Property Development Strategies to Mainland China Monday, 22 Oct 01, from 12.00 noon to 2.30 p.m., 38/F World Trade Ctre, 280 Gloucester Rd, HK. Reservation Fee HK$230/person, in the sum of HK$______ chq no ________ and made payable to “HKIFM” Name: _________________________________________________________________ For Official use only Received & confirmed by HKIFM: 16/F 1063 King’s Rd, Quarry Bay, Hong Kong Tel: 2537 0456 Fax: 25374426 (Receipt Chop)(Attendance Chop) THE HONG KONG INSTITUTE OF FACILITY MANAGEMENT (THE ORIGINAL OF THIS ADMISSION TICKET MUST BE PRESENTED AT THE EVENT) HKIFM LUNCHEON ~ The Risks of Exporting HK Property Development Strategies to Mainland China Guest Speakers: Mr Bo-sing TANG, Associate Professor, Dept of Building & Real Estate, The Hong Kong Polytechnic University & Mr Sing-cheong LIU, Managing Director, Guangzhou Pearl River Hang Cheong Real Estate Consultants Ltd Date: 26 October 2001 (Friday) Time: From 12.00 noon to 2.30 p.m. Place: World Trade Centre Club at 38/F World Trade Centre, 280 Gloucester Road, Causeway Bay, HK Cost: $230 per person Topic: Many Hong Kong developers are known to be enormously rich by world standards and widely experienced in land and property development. Market opportunities, ethnical affinities and geographical advantages have encouraged them to expand their business activities to mainland China in recent years. However, most of them have apparently been outperformed by the less experience and capital-deprived local developers in the mainland Chinese property development markets. This talk discusses why these Hong Kong developers have been less successful in securing as profitable returns from their land development projects on the Chinese mainland as they have in their home base. The talk is based upon a research study funded by the Hong Kong Polytechnic University Research Grant.

2. THE HONG KONG INSTITUTE OF FACILITY MANAGEMENT CPD EVENT (CPD007/01) Curses of Arrogance: The Risks of Exporting HK Property Development Strategies to Mainland China Bo-sin TANG Associate Professor, Dept of Building & Real Estate, The HK Polytechnic University Sing-cheong LIU Managing Director, Guangzhou Pearl River Hang Cheong Real Estate Consultants Ltd Abstract Many Hong Kong developers are known to be enormously rich by world standards and widely experienced in land and property development. Market opportunities, ethnical affinities and geographical advantages have encouraged them to expand their business activities to mainland China in recent years. However, most of them have apparently been outperformed by the less experienced and capital-deprived local developers in the mainland Chinese property development markets. This talk discusses why these Hong Kong developers have been less successful in securing as profitable returns from their land development projects on the Chinese mainland as they have in their home base. The talk is based upon a research study funded by the Hong Kong Polytechnic University Research Grant.

3. THE HONG KONG INSTITUTE OF FACILITY MANAGEMENT CPD EVENT (CPD007/01) ABOUT THE SPEAKERS Bo-sin TANG BSocSc, MSc, MBA, MRTPI, MHKIP, RPP. Bo is a professional town planner specialising in land use planning, development consultancy and real estate research. He is now Associate Professor in the Department of Building and Real Estate of the Hong Kong Polytechnic University, People's Republic of China. Bo has received education in social science, urban planning, business and real estate in Hong Kong, UK and US. Apart from teaching and research, he has also acted as consultant in a number of public and private sector consultancy projects. These projects cover various topics including industrial land use planning, port back-up uses, harbour reclamation, urban renewal strategy, railway development, housing estate development, urban land supply, and competition study. Bo now teaches both undergraduate and postgraduate students in Hong Kong and in mainland China through both the traditional classroom contact mode and the web-based CyberU programme. His research interest covers the areas of urban planning practices, development control, property development and urban competitiveness.

4. THE HONG KONG INSTITUTE OF FACILITY MANAGEMENT CPD EVENT (CPD007/01) ABOUT THE SPEAKERS Sing-cheong LIU MBA, FRICS, FHKIS S.C. is a General Practice Surveyor by training and has extensive experience in land and property business. He is the Founder and Managing Director of Pearl River-Hang Cheong Real Estate Consultants Ltd. with offices established in Hong Kong, Guangzhou and Shanghai, People's Republic of China. Being the only non-local company that has been awarded with Class A real estate agency qualification ever since the commencement of the grading system in 1996, his Guangzhou office provides comprehensive land and property development consulting services for many leading local and foreign developers as well as the Guangzhou Municipal Government. The success story of his company has been published by the City University of Hong Kong in a book entitled: 'Innovation Management Cases in Hong Kong'. S.C. is also the Chairman of Guangzhou Top Home Technology Co. Ltd. that operates a real estate website and a newspaper in facilitating property transaction related activities through the use of information technology. Besides private business, S.C. is extremely active in the academic circle and public services. He has been awarded the titles of Honorary Fellows by both the Hong Kong Polytechnic University and the Hong Kong University of Science & Technology, of Honorary Professor by the University of Hong Kong, and of the Visiting Professional Fellow by the Cambridge International Land Institute, Fitzwilliam College of the Cambridge University in UK. He is the chairman of the Research & Development Corporation Board, members of the Business School Corporate Advisory Board and of Advisory Committee on Entrepreneurship in the HKUST. He also serves in the sub-committees of the Law Reform Commission and of the Hong Kong Housing Authority of the Hong Kong Special Administrative Region Government.