SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES - (GEM)                         PRINTED: 27/05/02  PAGE:   1
                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - B
                                                            (GRANTS, ASSIGNMENTS AND EXERCISES OF RIGHTS)

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


N1     40,000 shares transferred to employees pursuant to the Share Option
       Scheme at HK$0.0138 per share.

N2     Retired as director at the Annual General Meeting held on 17/05/2002
       and remains as a substantial shareholder.

N3     Please refer to the Company's announcements of 8 May 2002 and
       21 May 2002.