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SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES PRINTED: 24/09/99 PAGE: 1
DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - B
(GRANTS, ASSIGNMENTS AND EXERCISES OF RIGHTS)
STOCK NAME : Asean Resources (0022)
Director/Chief Executive G/E Class Company Name Quantity Exercise Period Ex. Price Consideration
------------------------------------ --- --------------- ------------------------------- ------------------ --------------- ---------- ---------------
CHAN BOON HO PETER G OPT ASEAN RESOURCES HOLDINGS LTD 13,449,793 021196-011199 1.538 1
G OPT HUEY TAI INTERNATIONAL LTD 32,650,000 031096-021099 0.588 1
G CALL OPT HUEY TAI INTERNATIONAL LTD N8 10
CHAN BOON HO PETER G OPT ASEAN RESOURCES HOLDINGS LTD 13,449,793 021196-011199 1.538 1
G OPT HUEY TAI INTERNATIONAL LTD 32,650,000 031096-021099 0.588 1
G CALL OPT HUEY TAI INTERNATIONAL LTD N8 10
STOCK NAME : China United (0273)
Director/Chief Executive G/E Class Company Name Quantity Exercise Period Ex. Price Consideration
------------------------------------ --- --------------- ------------------------------- ------------------ --------------- ---------- ---------------
HWA GUO WAI GODWIN G ORD CHINA UNITED HOLDINGS LIMITED 20,000,000 150999-140909 0.031 1
E ORD CHINA UNITED HOLDINGS LIMITED 15,000,000 - - 0
POON CHI WAN G ORD CHINA UNITED HOLDINGS LIMITED 4,000,000 150999-140909 0.031 1
E ORD CHINA UNITED HOLDINGS LIMITED 3,000,000 - - 0
STOCK NAME : Huey Tai (0164)
Director/Chief Executive G/E Class Company Name Quantity Exercise Period Ex. Price Consideration
------------------------------------ --- --------------- ------------------------------- ------------------ --------------- ---------- ---------------
CHAN BOON HO PETER G OPT HUEY TAI INTERNATIONAL LTD. 32,650,000 031096-021099 0.588 1
SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES PRINTED: 24/09/99 PAGE: 2
DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - B
(GRANTS, ASSIGNMENTS AND EXERCISES OF RIGHTS)
STOCK NAME : Huey Tai (0164)
Director/Chief Executive G/E Class Company Name Quantity Exercise Period Ex. Price Consideration
------------------------------------ --- --------------- ------------------------------- ------------------ --------------- ---------- ---------------
CHAN BOON HO PETER G CALL OPT HUEY TAI INTERNATIONAL LTD. N8 10
G OPT ASEAN RESOURCES HOLDINGS LTD 13,499,793 021196-011199 1.538 1
CHAN BOON HO PETER G OPT HUEY TAI INTERNATIONAL LTD. 32,650,000 031096-021099 0.588 1
G CALL OPT HUEY TAI INTERNATIONAL LTD. N8 10
G OPT ASEAN REESOURCES HOLDINGS LTD 13,499,793 021196-011199 1.538 1
***** END OF REPORT *****
NOTES:
N1 Exercise of share options.
N2 In relation to the Company's acquisition of a 40% indirect interest in
P.T. Indofood Sukses Makmur Tbk., the Company has allotted and issued
an aggregate of 261,225,000 shares to the companies of the Salim
Investors on 17 September 1999, as part of the consideration for the
acquisition.
N3 Bonus Issue
N4 Revised
N5 Initial disclosure of interests in Paul Y. - ITC Construction Holdings
Limited which has become an associated corporation of the Company since
31 August 1999.
N6 Consideration per unit : $0.01 - $0.014
N7 Exercise of warrants
N8 Marwicken Company Limited ("Marwicken"), a company in which the sole
beneficial shareholder is Mr. Chan Boon Ho, Peter, as grantee has
entered into a Deed of Call Option ("Option Deed") with the grantor
(the "Grantor") on 30 June 1999 pursuant to which Marwicken was granted
an option ("Option") to require the Grantor to sell up to half of the
shares of HK$0.40 each (the "Shares") of Huey Tai International Limited
("Huey Tai") acquired by the Grantor under a HK$300,000,000 Convertible
Redeemable Note (the "Note") to be issued by Huey Tai at an initial
conversion price of HK$0.40 per share ("Conversion Price")(subject to
adjustment). The Option may be exercised during the option period
which will be at any time after the issue of the Shares by Huey Tai to
the Grantor upon conversion of the Note up to 1 month after the earlier
of the date of repayment on the third anniversary of the date of issue
of the Note and the date by which the conversion rights attached to the
Note have been fully exercised by the Grantor. Assuming full
conversion of the Note at the Conversion Price, Marwicken will have
the right to acquire up 375,000,000 Shares at the price based on the
Conversion Price and the carrying costs of the Grantor. The Option Deed
is subject to the issue of the Note.
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