SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES - (GEM) PRINTED: 23/05/02 PAGE: 1
DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - B
(GRANTS, ASSIGNMENTS AND EXERCISES OF RIGHTS)
STOCK NAME : Wafer Systems (08198)
Director/Chief Executive G/E Class Company Name Quantity Exercise Period Ex. Price Consideration Note
------------------------------------ --- --------------- ------------------------------- ------------------ --------------- ---------- --------------- -----------
PANG HING CHUNG ALFRED G OPT WAFER SYSTEMS LIMITED 750,000 0.550 1
STOCK NAME : iSteelAsia.com (08080)
Director/Chief Executive G/E Class Company Name Quantity Exercise Period Ex. Price Consideration Note
------------------------------------ --- --------------- ------------------------------- ------------------ --------------- ---------- --------------- -----------
YAO CHE LI MIRIAM G ORD iSTEELASIA.COM LIMITED 2,500,000 011001-120410 0.360 0
G ORD iSTEELASIA.COM LIMITED 5,000,000 081101-120410 0.485 0
YAO CHO FAI ANDREW G ORD iSTEELASIA.COM LIMITED 5,000,000 081101-120410 0.485 0
***** 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.
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