SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES - (GEM) PRINTED: 23/01/03 PAGE: 1
DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - B
(GRANTS, ASSIGNMENTS AND EXERCISES OF RIGHTS)
STOCK NAME : CR Asia (08052)
Director/Chief Executive G/E Class Company Name Quantity Exercise Period Ex. Price Consideration Note
------------------------------------ --- --------------- ------------------------------- ------------------ --------------- ---------- --------------- -----------
FUNG KWOK LUN WILLIAM G ORD LI & FUNG LTD 480,000 070701-060703 15.260 1
G ORD LI & FUNG LTD 480,000 180702-170704 10.500 1
G ORD LI & FUNG LTD 480,000 280803-270805 7.980 1
FUNG KWOK KING VICTOR G ORD (US$) LI & FUNG (DISTRIBUTION) LTD 160,000 1.000 0
G ORD (US$) LI & FUNG (DISTRIBUTION) LTD 130,000 1.000 0
***** END OF REPORT *****
NOTES
N1 Pursuant to a conditional agreement dated 23 November 2002
("Agreement") made between Sun Media Group Holdings Limited ("Sun
Media"), China Strategic Holdings Limited, Hanny Holdings Limited
and Star East Holdings Limited (collectively "Vendors"), Sun
Media agrees to purchase and the Vendors agrees to sell a total of
258,066,950 shares in the capital of Sing Pao Media Group Limited
("Sing Pao"), warrants of Sing Pao in an aggregate amount of
HK$35,108,750 and a loan due from Sing Pao group to the Vendors
in a sum of HK$40 million. Completion will take place on or
before the 4th business days after the date on which the
conditions set out in the Agreement are fulfilled or waived and
the long stop date for such fulfillment or waiver is 28 February
2003 or such later date as may be agreed by the parties to the
Agreement.
N2 As a result of reduction in share capital of the company on
15 January 2003.
N3 There is no change in shareholdings for the rest of the associated
companies of Convenience Retail Asia Ltd. except those indicated
in this Summaries. For the detail of their shareholdings, please
refer to the SDI Daily Summaries published on 02/02/2001.
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