SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES - (GEM)                         PRINTED: 23/05/02  PAGE:   1
                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - A
                                                                        (ACTUAL TRANSACTIONS)

 STOCK NAME : FX Creations                   (08136)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration     Note
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------  -----------
 NG PAK TO PETTO                       ORD                    FX CREATIONS INTERNATIONAL HOL-  21/05/02      280,000,000            N.A.            0.000              
                                                              DINGS LIMITED                 

 STOCK NAME : Jessica                        (08137)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration     Note
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------  -----------
 NG YUK MUI JESSICA                    ORD                    JESSICA PUBLICATIONS LIMITED     17/05/02           24,000               0  A         0.430              

 STOCK NAME : Wafer Systems                  (08198)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration     Note
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------  -----------
 PANG HING CHUNG ALFRED                ORD                    WAFER SYSTEMS LIMITED              /  /                  0               0            0.000              

 STOCK NAME : iSteelAsia.com                 (08080)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration     Note
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------  -----------
 YAO CHE LI MIRIAM                     ORD                    iSTEELASIA.COM LIMITED           14/05/02      667,464,944     644,488,944  A         0.100   N5         

                                       ORD                    iSTEELASIA.COM LIMITED           18/05/02      657,138,944     667,464,944  D         0.054   N6         

 YAO CHO FAI ANDREW                    ORD                    iSTEELASIA.COM LIMITED           14/05/02      769,864,944     746,888,944  A         0.100   N5         

                                       ORD                    iSTEELASIA.COM LIMITED           18/05/02      759,538,944     769,864,944  D         0.054   N6         

                                                                     *****  END OF REPORT  *****
Notes:


N1     The Company is formerly known as 36.com Holdings Limited.

N2     Dilution of shareholding interests in M Channel Corporation
       Limited ("the Company") from 24.41% to 2.83% immediately
       after completion of the following agreements on 18 April 2002:-
       (a)   the agreement dated 21 February 2002 entered into between
             the Company and Gold Focus Ltd. in respect of the conditional
             sale and purchase of 92.1% of the issued share capital of
             Fortune Impact Limited ("Fortune Impact");
       (b)   the agreement dated 21 February 2002 entered into between the
             Company and Tiger Princess Co., Ltd. in respect of the
             conditional sale and purchase of 7.9% of the issued share
             capital of Fortune Impact; and
       (c)   the placing agreement dated 21 February 2002 entered into
             between the Company and ICEA Captial Limited.

N3     As at 17 May 2002, The Applied Research Council ("ARC") holds
       48,460,000 shares in Wafer Systems Limited ("Wafer Systems") and
       holds 5 Convertible Bonds ("CBs") with face value of HKD20,048,100
       in aggregate.  If the CBs are fully converted at their respective
       maturity dates, ARC will hold 86,253,604 shares in Wafer Systems.

N4     Date of transaction:  14/05/02 & 18/05/02

N5     On 14 May, 2002, 22,976,000 shares had been acquired by Van Shung
       Chong (B.V.I.) Limited at a price of HK$0.10 per share and the
       consideration was settled by way of transfer of 11,488,000 shares of
       iMerchants Limited to iMerchants Group Limited at a price of HK$0.20
       per share on the same day.

N6     10,326,000 shares had been transferred from TN Development Limited
       at a price of HK$0.054 per share on May 18, 2002 due to the
       exercise of employees' share option.