SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES - (GEM)                                                   PRINTED: 21/10/02  PAGE:   1
                                                                                      SUBSTANTIAL SHAREHOLDERS' NOTIFICATIONS REPORT

STOCK NAME :  Grandmass                      (08108)        * ISC as at 15/10/02 :       1,440,000,000

Name of Sub. Shareholder   Date     Reason    Present Bal.     Previous Bal.             Share Jointly Held                          Corporate Interest                          Family Interest                  Note
------------------------ -------- ---------- ---------------  ---------------  -----------------------------------------  -----------------------------------------  ----------------------------------------- -----------
FRIEDMANN PACIFIC GREAT- 16/10/02 1,2            233,100,000             N.A.                                                                                                                                            
ER CHINA INVESTMENTS LI-                                                                                                                                             
MITED                                                                                                                                                                

STOCK NAME :  Panda-Recruit                  (08073)        * ISC as at 15/10/02 :       1,125,000,000

Name of Sub. Shareholder   Date     Reason    Present Bal.     Previous Bal.             Share Jointly Held                          Corporate Interest                          Family Interest                  Note
------------------------ -------- ---------- ---------------  ---------------  -----------------------------------------  -----------------------------------------  ----------------------------------------- -----------
CITY APEX LIMITED        09/10/02 1,2            382,657,000                0                                                                                                                                  N1         

ER2 HOLDINGS LIMITED     09/10/02 1,2            382,657,000                0                                             CITY APEX LTD                 382,657,000                                            N1         

LAU CHUK KIN             09/10/02 1,2            382,657,000                0                                             CITY APEX LTD                 382,657,000                                            N1         

STOCK NAME :  Rainbow Int'l                  (08079)        * ISC as at 15/10/02 :         350,000,000

Name of Sub. Shareholder   Date     Reason    Present Bal.     Previous Bal.             Share Jointly Held                          Corporate Interest                          Family Interest                  Note
------------------------ -------- ---------- ---------------  ---------------  -----------------------------------------  -----------------------------------------  ----------------------------------------- -----------
DIGITAL WORLD FINANCE L- 15/10/02 2              182,133,840                0                                                                                                                                  N2         
IMITED                                                                                                                                                               

STOCK NAME :  Rojam                          (08075)        * ISC as at 15/10/02 :       1,104,684,403

Name of Sub. Shareholder   Date     Reason    Present Bal.     Previous Bal.             Share Jointly Held                          Corporate Interest                          Family Interest                  Note
------------------------ -------- ---------- ---------------  ---------------  -----------------------------------------  -----------------------------------------  ----------------------------------------- -----------
YOSHIMOTO AMERICA, INC.  10/10/02 1,2            450,000,000                0                                                                                                                                  N1         

YOSHIMOTO KOGYO LIMITED  10/10/02 1,2,4          450,000,000                0                                             YOSHIMOTO AMERICA, INC.       450,000,000                                            N1         


                    * ISC refers to the latest Issued Share Capital of the listed company recorded by the Exchange as at the date of this summaries.  It might not promptly reflect 
                      changes caused by share placements, rights issue, bonus issue, etc.  Readers should exercise caution when using these figures.

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

NOTES


N1      Please refer to the Company's announcement of 10 October 2002.

N2      Pursuant to a share charge over 182,133,840 shares in the Company
        dated 15 October 2002 and entered into between Li Ngar Kwan, Aldy
        and Digital World Finance Limited, Li Ngar Kwan, Aldy agrees to
        grant a share charge over the 182,133,840 shares of the Company
        to Digital World Finance Limited.  Digital World Finance Limited
        is therefore deemed to be interested in 182,133,840 shares in
        the Company.