SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES                             PRINTED: 20/09/99  PAGE:   1
                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - B
                                                            (GRANTS, ASSIGNMENTS AND EXERCISES OF RIGHTS)

 STOCK NAME : DVB (Holdings)                 (0500)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 LUI PAN                                G  ORD              DVB (HOLDINGS) LIMITED                  3,000,000    010100-311202        2.250                1

 WU BING CHANG                          G  OPT              DVB (HOLDINGS) LIMITED                  3,000,000    010100-311202        2.250                1

 CHEUNG HIU CHING                       G  ORD              DVB (HOLDINGS) LIMITED                  2,450,000    010100-311202        2.250                1

 RONALD RICHARD BUDACZ                  G  ORD              DVB (HOLDINGS) LIMITED                    800,000    010100-311202        2.250                1

 KO CHUN SHUN JOHNSON                   G  ORD              DVB (HOLDINGS) LIMITED                  2,450,000    010100-311202        2.250                1

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


NOTES:


N1     Rights Issue

N2     A placing agreement dated 9 September 1999 was entered into between
       Shine United International Inc. ("Shine United") and Tingkong-
       Rexcapital Securities International Limited ("TKR") as placing
       agent and underwriter pursuant to which TKR will procure the
       placing to independent institutional and other investors of
       248,000,000 shares of HK$0.10 each in the share capital of Hwa
       Kay Thai Holdings Limited (the "Shares") held by Shine United at
       HK$0.35 per Share (the "Placing").  It is expected that the Placing
       will be completed on or before 14 September 1999.

N3     As a result of the restructuring of a company, Kerry Group Limited
       has deemed interest in 22,911,507 shares in Kerry Properties Ltd.

N4     As a result of the restructuring of companies, Kerry Holdings Ltd
       has deemed interest in a total of 23,911,507 shares in Kerry
       Properties Ltd.

N5     As a result of the restructuring of a company, Kerry Group Ltd has
       deemed interest in 112,301,075 shares in Shangri-la Asia Ltd.

N6     As a result of the restructuring of companies, Kerry Holdings Ltd
       has deemed interest in a total of 132,301,075 shares in Shangri-La
       Asia.

N7     The transferees of the shares are children of Mr. Cheong Hooi Hong
       who are over 18 years old.
       
N8     Date of transaction : 13/09/99 - 14/09/99

N9     Consideration per unit : $3.25 - $3.325

N10    Date of transaction : 14/09/99 - 17/09/99

N11    Acquisitions were made from 10/09/99 to 14/09/99 at prices ranging
       from $0.35 to $0.365 per share.