Securities (Disclosure of Interests) Daily Summaries
 
                                                        SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES                             PRINTED: 02/08/99  PAGE:   1
                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - B
                                                            (GRANTS, ASSIGNMENTS AND EXERCISES OF RIGHTS)

 STOCK NAME : Celestial Asia                 (1049)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 KWAN PAK HOO BANKEE                    G  ORD              CELESTIAL ASIA SECURITIES HOLD-        50,000,000    110699-100601        0.103                1
                                                            INGS LIMITED                  

 KHOO KEN WEE                           G  ORD              CELESTIAL ASIA SECURITIES HOLD-        30,000,000    110699-100600        0.103                1
                                                            INGS LIMITED                  

 STOCK NAME : China Strategic                (0235)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 OEI HONG LEONG                         G  ORD              CHINA STRATEGIC HOLDINGS LIMIT-        18,500,000                         0.606                1
                                                            ED                            

                                        G  ORD              CHINA STRATEGIC HOLDINGS LIMIT-        25,000,000                         0.300                1
                                                            ED                            

                                        G  ORD              STAR TELECOM INT'L HOLDING LTD          5,000,000    171097-161000        2.400                1

                                        G  ORD              STAR TELECOM INT'L HOLDING LTD          2,000,000    010699-310502        1.290                1

                                        G  ORD (US$)        CHINA TIRE HOLDINGS LTD                   220,000                        10.250                1

 STOCK NAME : First Shanghai                 (0227)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 CHOW FU KEE FELIX                      G  OPT              FIRST SHANGHAI INVESTMENTS LIM-         4,479,100    070496-061005        0.453                1
                                                            ITED                          
                                                        SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES                             PRINTED: 02/08/99  PAGE:   2
                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - B
                                                            (GRANTS, ASSIGNMENTS AND EXERCISES OF RIGHTS)

 STOCK NAME : First Shanghai                 (0227)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 CHOW FU KEE FELIX                      G  ORD              FIRST SHANGHAI INVESTMENTS LIM-         1,813,700    140197-130706        0.318                1
                                                            ITED                          

                                        E  ORD              FIRST SHANGHAI INVESTMENTS LIM-           240,000           -              -                   0
                                                            ITED                          

 STOCK NAME : JCG Holdings                   (0626)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 TEH HONG PIOW                          G  OPT (RM)         PUBLIC BANK BERHAD                        250,000    100498-240203        1.660                1

 STOCK NAME : LS Electric                    (1197)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 LIU YUN FENG                           G  ORD              LEADING SPIRIT ELECTRIC COMPAN-         1,020,000    070798-060700        0.157                0
                                                            Y LIMITED                     

 STOCK NAME : Ocean Grand                    (1220)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 YIP KIM PO                             G  ORD              OCEAN GRAND HOLDINGS LTD               12,000,000    270398-030907        0.370                1
                                                        SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES                             PRINTED: 02/08/99  PAGE:   3
                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - B
                                                            (GRANTS, ASSIGNMENTS AND EXERCISES OF RIGHTS)

 STOCK NAME : Star Telecom                   (0383)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 OEI HONG LEONG                         G  ORD              CHINA STRATEGIC HOLDINGS LTD           18,500,000                         0.606                1

                                        G  ORD              CHINA STRATEGIC HOLDINGS LTD           25,000,000                         0.300                1

                                        G  ORD              STAR TELECOM INT'L HOLDING LTD          5,000,000    171097-161000        2.400                1

                                        G  ORD              STAR TELECOM INT'L HOLDING LTD          2,000,000    010699-310502        1.290                1

                                        G  ORD (US$)        CHINA TIRE HOLDINGS LTD                   220,000                        10.250                1

 STOCK NAME : Tricom Holdings                (1186)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 OEI HONG LEONG                         G  ORD              CHINA STRATEGIC HOLDINGS LTD           18,500,000                         0.606                1

                                        G  ORD              CHINA STRATEGIC HOLDINGS LTD           25,000,000                         0.300                1

                                        G  ORD              STAR TELECOM INT'L HOLDING LTD          5,000,000    171097-161000        2.400                1

                                        G  ORD              STAR TELECOM INT'L HOLDING LTD          2,000,000    010699-310502        1.290                1

                                        G  ORD (US$)        CHINA TIRE HOLDINGS LTD                   220,000                        10.250                1

 STOCK NAME : Winton Holdings                (0510)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 TEH HONG PIOW                          G  OPT (RM)         PUBLIC BANK BERHAD                        250,000    100498-240203        1.660                1

                                                                     *****  END OF REPORT  *****


NOTES:


N1     Being completion of the purchase of 1,228,438,426 shares pursuant
       to a conditional sale & purchase agreement entered into between
       Cash Guardian Limited and CCT Finance Services Group Limited.

N2     Rights Issue

N3     Convertible Note was issued by Celestial Asia Securities Holdings
       Limited on 09/06/99.

N4     Consideration per unit : $0.140 - $0.143

N5     Total consideration : RM1.00

N6     Disposals were made from 26/07/99 to 28/07/99 at prices ranging from
       $1.02 to $1.11 per share.

N7     Cheung Kam Wong, Tsoi Pun Pun and Cheung Chi Chung directors of
       United Power Inv Ltd ("the Company") sold a total of 60 shares of
       US$1 each of United Power Int'l Ltd (the holding company of the
       Company) to Sino Ambassador Ltd ("SAL").  In consideration of the
       transfer, SAL issued a total of 100 shares of US$1 each to Cheung
       Kam Wong (72 shares), Tsoi Pun Pun (18 shares) & Cheung Chi Chung
       (10 shares).