Jardine Pacific, a subsidiary of Bermuda-registered Jardine Matheson Holdings Ltd., and Bermuda registered China Merchants Holdings Company Ltd. are among a consortium planning to bid on the rights to develop Hong Kong's first river trade container terminal.

The consortium is led by Chinese state-owned Guangdong Enterprise Holdings Ltd., Bloomberg Business News service said yesterday.

Mr. Wang Jinwen, a senior manager at Guangdong Enterprises said that Jardine Pacific is a member of the consortium.

The Sino-British Land Commission has agreed to provide a plot of land for the terminal in the Tuen Mun area of the territory.

The terminal, estimated to cost $311 million to build, will service ships hauling goods on the Pearl River between Hong Kong and Guangzhou.

Government will open up the rights to develop the terminal to tender next month, said a spokesperson for Hong Kong's Port Development Board.

In 1992, China blocked construction of a container terminal in Hong Kong because Jardine, part of a group of companies awarded the right to develop the terminal, backed the democratic reforms of Governor Chris Patten.

A spokesperson for Jardine Pacific would not confirm that Jardine was a member of the consortium but said the trading company is "reviewing all the terms and conditions of the project.'' Other members of the consortium include Sun Hung Kai Properties Ltd. and a subsidiary of China Resources Holdings Company Ltd., Mr. Wang said.

Sun Hung Kai Properties (Bermuda) Ltd. is Bermuda registered.

River trade has become increasingly significant in Hong Kong's container business.

PRESIDIO BOARD APPROVE PAYMENT OF DIVIDEND BUC Presidio board approve payment of dividend The board of directors of Presidio Capital Corp., a British Virgin Islands entity, approved payment of $10 million cash dividend.

The dividend, the third distribution paid by Presidio, is in the form of $1 per share to all shareholders of record on December 6.

Administrator for Presidio is Bermuda-based Hemisphere Management Ltd., a subsidiary of Hemisphere Group Ltd.

Presidio, the successor to Integrated Resources Inc., is engaged in the liquidation and deposition of the assets of Integrated, acquired under a re-organisation plan submitted to the subordinated bondholders committee on November 3, 1994, said Bloomberg Business News service.

The re-organisation plan was agreed to on November 3, 1994.

Upon payment of this dividend, Presidio will have distributed $8.49 per share to its shareholders during 1995.

LAIDLAW FINANCE TO SELL STAKE IN ADT LTD.

BUC Laidlaw Finance to sell stake in ADT Ltd.

Laidlaw Finance (Barbados) Ltd. has filed to sell 500,000 shares in ADT Ltd., a security systems company incorporated in Bermuda.

Laidlaw a beneficial owner, has filed to sell the shares through Goldman Sachs & Co., Bloomberg Business News said yesterday.

Laidlaw filed the information with the Securities and Exchange Commission on Monday.