SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES - (GEM) PRINTED: 23/01/03 PAGE: 1 SUBSTANTIAL SHAREHOLDERS' NOTIFICATIONS REPORT STOCK NAME : Sing Pao Media (08010) * ISC as at 20/01/03 : 468,424,181 Name of Sub. Shareholder Date Reason Present Bal. Previous Bal. Share Jointly Held Corporate Interest Family Interest Note ------------------------ -------- ---------- --------------- --------------- ----------------------------------------- ----------------------------------------- ----------------------------------------- ----------- SUN MEDIA GROUP HOLDING- 23/11/02 1,2 258,066,950 0 N1 S LIMITED * 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 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. |