SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES - (GEM) PRINTED: 20/03/03 PAGE: 1 SUBSTANTIAL SHAREHOLDERS' NOTIFICATIONS REPORT STOCK NAME : Cyber On-Air (08118) * ISC as at 18/03/03 : 83,144,786 Name of Sub. Shareholder Date Reason Present Bal. Previous Bal. Share Jointly Held Corporate Interest Family Interest Note ------------------------ -------- ---------- --------------- --------------- ----------------------------------------- ----------------------------------------- ----------------------------------------- ----------- COMPANION BUILDING MATE- 05/03/03 1,4,7 22,868,656 22,868,656 QANTEX LTD 22,868,656 N1 RIAL (BVI) LIMITED COMPANION BUILDING MATE- 05/03/03 1,4,7 22,868,656 22,868,656 QANTEX LTD 22,868,656 N1 RIAL (HOLDINGS) LIMITED COMPANION MARBLE (BVI) - 05/03/03 1,4,7 22,868,656 22,868,656 QANTEX LTD 22,868,656 N1 LIMITED DONG FANG GAS HOLDINGS - 05/03/03 1,4,7 22,868,656 22,868,656 QANTEX LTD 22,868,656 N1 N2 LIMITED GOLD CLOUD AGENTS LIMIT- 05/03/03 1,4,7 22,868,656 22,868,656 QANTEX LTD 22,868,656 N1 ED QANTEX LIMITED 05/03/03 1,7 22,868,656 22,868,656 N1 SKYNET (INTERNATIONAL G- 05/03/03 1,4,7 22,868,656 22,868,656 QANTEX LTD 22,868,656 N1 ROUP) HOLDINGS LIMITED SKYNET LIMITED 05/03/03 1,4,7 22,868,656 22,868,656 QANTEX LTD 22,868,656 N1 STOCK NAME : M Channel (08036) * ISC as at 18/03/03 : 1,060,901,300 Name of Sub. Shareholder Date Reason Present Bal. Previous Bal. Share Jointly Held Corporate Interest Family Interest Note ------------------------ -------- ---------- --------------- --------------- ----------------------------------------- ----------------------------------------- ----------------------------------------- ----------- SUN MEDIA GROUP HOLDING- 07/03/03 1,2 560,000,000 0 N3 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. SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES - (GEM) PRINTED: 20/03/03 PAGE: 2 SUBSTANTIAL SHAREHOLDERS' NOTIFICATIONS REPORT STOCK NAME : Sing Pao Media (08010) * ISC as at 18/03/03 : 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- 25/02/03 1,3 467,583,794 258,066,950 FIRST STAR INTERNATIONA- 258,066,950 N4 S LIMITED L LTD SUN MEDIA GROUP HOLDING- 14/03/03 1,3 351,257,794 467,583,794 FIRST STAR INTERNATIONA- 258,066,950 N4 S LIMITED L LTD * 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 an conditional agreement dated 5 March 2003 ("Agreement") entered into by Qantex Limited ("Qantex"), Cyber Network Technology Limited ("Cyber Network") and Skynet (International Group) Holdings Limited, Qantex has agreed to sell, and Cyber Network has agreed to purchase, 22,868,656 shares of HK$0.01 each ("Sale Shares") in the capital of Cyber On-Air Group Company limited on terms and conditions as set out in the Agreement. The consideration for the sale and purchase of the Sale Shares shall be HK$1,676,272, which shall be paid by Cyber Network to Qantex in cash at completion. Completion of the sale and purchase of the Sale Shares is subject to the fulfillment or waiver of certain conditions as stipulated in the Agreement by 30 June 2003 (or such later date as the parties to the Agreement may agree in writing). As at the date hereof, completion of the sale and purchase of the Sale Shares has not taken place. N2 The Company is formerly known as Companion Building Material International Holdings Limited. N3 Pursuant to a conditional agreement dated 7 March 2003 ("Agreement") made between Sun Media Group Holdings Limited )("Sun Media") and M Channel Corporation Limited ("M Channel"), Sun Media agrees to sell and M Channel agrees to purchase the entire issued share capital of Sun Education Television Network Limited at a total consideration of HK$40,000,000 to be satisfied as to HK$14,000,000 by the issue of 560,000,000 new shares in the capital of M Channel and as to HK$26,000,000 by the issue of a convertible note which entitles the holder thereof to convert the outstanding amount into new shares of M Channel at any time within 5 years from the date of issue at an initial conversion price of HK$0.025 per share. Completion will take place on or before the 3rd 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 fulfilment or waiver is 30 June 2003 or such later date as may be agreed by the parties to the Agreement. Please also refer to the Company's announcement previously made on 14 February, 2003. N4 Please refer to the Company's announcement of 25 February, 2003. N5 On 11th December 2002, Multiactive Software Inc. ("Multiactive") completed a plan of arrangement (the "Arrangement") with its shareholders and Maximizer, Multiactive's wholly owned subsidiary. Under the Arrangement, shareholders of Multiactive exchanged each of their common shares of Multiactive for common shares of Maximizer on a one-for-one basis. Holders of options to purchase common shares in Multiactive also exchanged their options for options in Maximizer on a one-for-one-basis on the same terms and conditions as the Multiactive options. On 15th December 2002, Maximizer acquired all of the assets and liabilities of Multiactive. The shares of Maximizer commenced trading on the Toronto Stock Exchange in place of the shares of Multiactive on the opening for trading on 16 December 2002. |