SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES - (GEM)                         PRINTED: 01/08/02  PAGE:   1
                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - A
                                                                        (ACTUAL TRANSACTIONS)

 STOCK NAME : Grandy Enviro                  (08143)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration     Note
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------  -----------
 KONG LI SZU                           ORD                    GRAND APPLIED ENVIRONMENTAL TE-    /  /        119,229,995     119,229,995            0.000              
                                                              CHNOLOGY CORPORATION          

                                       ORD                    KONG SUN HOLDINGS LTD            24/07/02    1,370,433,836   1,390,433,836  D         0.275              

                                       ORD                    KONG SUN HOLDINGS LTD            25/07/02    1,367,455,836   1,370,433,836  D         0.270              

                                       ORD                    KONG SUN HOLDINGS LTD            29/07/02    1,370,455,836   1,367,455,836  A         0.280              

                                       ORD                    KONG SUN HOLDINGS LTD            30/07/02    1,375,955,836   1,370,455,836  A         0.283   N1         

 STOCK NAME : Tungda Lighting                (08229)

      Director/Chief Executive                Class                   Company Name            Tran. Date   Present Bal.   Previous Bal.  A/D Consideration     Note
 ------------------------------------  ---------------------  ------------------------------- ---------- --------------- --------------- --- -------------  -----------
 CHU CHIEN TUNG                        ORD                    TUNGDA INNOVATIVE LIGHTING HOL-  26/07/02      633,000,000            N.A.            0.000              
                                                              DINGS LIMITED                 

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

NOTE

N1      Consideration per unit 0.28-0.285