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John Lee: 4 Improvement Requests Proposed as Tseung Kwan O Line Incident Highlights MTR CORPORATION's Inadequate Response
Before attending the Executive Council (ExCo) meeting, Chief Executive John Lee expressed concerns over three incidents involving MTR CORPORATION (00066.HK) YTD, with last week'...
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John Lee: 4 Improvement Requests Proposed as Tseung Kwan O Line Incident Highlights MTR CORPORATION's Inadequate Response
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Before attending the Executive Council (ExCo) meeting, Chief Executive John Lee expressed concerns over three incidents involving MTR CORPORATION (00066.HK)  +0.250 (+0.928%)    Short selling $11.71M; Ratio 25.591%   YTD, with last week's Tseung Kwan O Line suspension incident being particularly severe.

He noted that these incidents reflect that MTR CORPORATION's ability to respond to emergencies and deal with unforeseen incidents was insufficient.

Therefore, Lee proposed four requests, including a comprehensive and systematic review of the railroad network and enhancement in system management, covering upgrading of maintenance level, equipment & component updates, technology application and formulation of a system monitoring and evaluating constant risks.

Lee also proposed to strengthen emergency response and incident handling capabilities and training, including incident reporting and information dissemination, and to establish a response team to increase manpower, enhance deployment, improve communication equipment and conduct regular drills.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-28 12:25.)

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