Securities (Disclosure of Interests) Daily Summaries

 

 
                                                       SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES -                            PRINTED: 01/12/00  PAGE:   1
                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - B
                                                            (GRANTS, ASSIGNMENTS AND EXERCISES OF RIGHTS)

 STOCK NAME : Asean Resources                (00022)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 CHAN BOON HO PETER                     G  OPT              ASEAN RESOURCES HOLDINGS LTD           30,646,000    210300-200303        0.680                1

                                        G  CALL OPT         HUEY TAI INT'L LTD                                                                            10

                                        G  OPT              HUEY TAI INT'L LTD                     31,295,000    100300-090303        0.514                1

 STOCK NAME : CCT Multimedia                 (01169)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 SIU CHIU SHUN PATRICK                  G  ORD              CCT MULTIMEDIA HOLDINGS LIMITE-        12,000,000    310101-300103        0.167                1
                                                            D                             

 STOCK NAME : Dao Heng Bank                  (00223)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 TUNG HSI HUI FRANK                     G  OPT              DAO HENG BANK GROUP LIMITED               200,000    150498-150702       21.820                1

 STOCK NAME : Frankie Dominion               (00704)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 WONG YAU CHING MARIA                   G  ORD              FRANKIE DOMINION INTERNATIONAL-           700,000    101095-300401        0.500                1
                                                             LTD.                         

                                        G  ORD              FRANKIE DOMINION INTERNATIONAL-           700,000    101096-300401        0.500                1
                                                             LTD.                         

                                        G  ORD              FRANKIE DOMINION INTERNATIONAL-         1,500,000    290200-300401        0.370                1
                                                             LTD.                         

 LEE YUEN BING NINA                     G  ORD              FRANKIE DOMINION INTERNATIONAL-           450,000    101095-300401        0.500                1
                                                             LTD.                         
                                                       SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES -                            PRINTED: 01/12/00  PAGE:   2
                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - B
                                                            (GRANTS, ASSIGNMENTS AND EXERCISES OF RIGHTS)

 STOCK NAME : Frankie Dominion               (00704)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 LEE YUEN BING NINA                     G  ORD              FRANKIE DOMINION INTERNATIONAL-           450,000    101096-300401        0.500                1
                                                             LTD.                         

                                        G  ORD              FRANKIE DOMINION INTERNATIONAL-         1,500,000    290200-300401        0.370                1
                                                             LTD.                         

                                        G  ORD              FRANKIE DOMINION INTERNATIONAL-         1,500,000    290200-300401        0.370                1
                                                             LTD.                         

 LAM PO KWAI FRANKIE                    G  ORD              FRANKIE DOMINION INTERNATIONAL-           450,000    101095-300401        0.500                1
                                                             LTD.                         

                                        G  ORD              FRANKIE DOMINION INTERNATIONAL-           450,000    101096-300401        0.500                1
                                                             LTD.                         

                                        G  ORD              FRANKIE DOMINION INTERNATIONAL-         1,500,000    290200-300401        0.370                1
                                                             LTD.                         

                                        G  ORD              FRANKIE DOMINION INTERNATIONAL-         1,500,000    290200-300401        0.370                1
                                                             LTD.                         

 SO MAN YEE KATHERINE                   G  ORD              FRANKIE DOMINION INTERNATIONAL-           450,000    101095-300401        0.500                1
                                                             LTD.                         

                                        G  ORD              FRANKIE DOMINION INTERNATIONAL-           450,000    101096-300401        0.500                1
                                                             LTD.                         

                                        G  ORD              FRANKIE DOMINION INTERNATIONAL-         1,500,000    290200-300401        0.370                1
                                                             LTD.                         
                                                       SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES -                            PRINTED: 01/12/00  PAGE:   3
                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - B
                                                            (GRANTS, ASSIGNMENTS AND EXERCISES OF RIGHTS)

 STOCK NAME : Gold Peak                      (00040)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 KU YUK HING RICHARD                    G  ORD              GP BATTERIES INT'L LTD                     60,000    160198-150102     US$3.312              S$1

                                        G  ORD (S$)         GP BATTERIES INT'L LTD                     60,000    290798-280702        4.448                1

                                        G  ORD (S$)         GP BATTERIES INT'L LTD                    200,000    060800-050804        3.080                1

                                        G  ORD (S$)         GP BATTERIES INT'L LTD                    180,000    170301-160310        1.410                1

                                        G  ORD (S$)         GP BATTERIES INT'L LTD                    180,000    111002-101010        1.600                1

 NG SUNG ON ANDREW                      G  ORD              GOLD PEAK INDUSTRIES (HOLDINGS-         1,000,000    120500-110505        1.410                1
                                                            ) LTD.                        

                                        G  ORD              GP BATTERIES INT'L LTD                     70,000    160198-150102     US$3.312              S$1

                                        G  ORD (S$)         GP BATTERIES INT'L LTD                     70,000    290798-280702        4.448                1

                                        G  ORD (S$)         GP BATTERIES INT'L LTD                    220,000    060800-050804        3.080                1

                                        G  ORD (S$)         GP BATTERIES INT'L LTD                    200,000    170301-160310        1.410                1

                                        G  ORD (S$)         GP BATTERIES INT'L LTD                    200,000    111002-101010        1.600                1

 WONG WAI KAN RAYMOND                   G  ORD              GP BATTERIES INT'L LTD                     25,000    160198-150102     US$3.312              S$1

                                        G  ORD (S$)         GP BATTERIES INT'L LTD                     25,000    290798-280702        4.448                1

                                        G  ORD (S$)         GP BATTERIES INT'L LTD                    120,000    060800-050804        3.080                1

                                        G  ORD (S$)         GP BATTERIES INT'L LTD                    120,000    170301-160310        1.410                1

                                        G  ORD (S$)         GP BATTERIES INT'L LTD                    130,000    111002-101010        1.600                1
                                                       SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES -                            PRINTED: 01/12/00  PAGE:   4
                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - B
                                                            (GRANTS, ASSIGNMENTS AND EXERCISES OF RIGHTS)

 STOCK NAME : Gold Peak                      (00040)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 WONG WAI KAN RAYMOND                   G  ORD (S$)         CLIPSAL INDUSTRIES (HOLDINGS) -            40,000    250502-240510        1.913                1
                                                            LTD                           

                                        G  ORD              GP INDUSTRIES LTD                          80,000    030298-020202     US$0.600              S$1

                                        G  ORD              GP INDUSTRIES LTD                          80,000    230799-220703     US$0.300              S$1

                                        G  ORD              GP INDUSTRIES LTD                         130,000    020800-010804     US$0.410              S$1

                                        G  ORD (S$)         GP INDUSTRIES LTD                         110,000    140402-130410        0.456                1

 STOCK NAME : HKCB Bank                      (00655)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 RIADY MOCHTAR                          G  ORD              ACROSSASIA MULTIMEDIA LTD                 827,300    140101-210610        3.280                1

                                        G  ORD              ACROSSASIA MULTIMEDIA LTD                 827,300    010401-210610        3.280                1

                                        G  ORD              ACROSSASIA MULTIMEDIA LTD               1,654,600    010402-210610        3.280                1

                                        G  ORD              ACROSSASIA MULTIMEDIA LTD               1,654,600    010403-210610        3.280                1

                                        G  ORD              ACROSSASIA MULTIMEDIA LTD               1,654,600    010404-210610        3.280                1

                                        G  ORD              ACROSSASIA MULTIMEDIA LTD               1,654,600    010405-210610        3.280                1

 STOCK NAME : Henderson China                (00246)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 LEE SHAU KEE                           G  ORD              HENDERSON CYBER LTD                     2,400,000                         1.250                1
                                                       SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES -                            PRINTED: 01/12/00  PAGE:   5
                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - B
                                                            (GRANTS, ASSIGNMENTS AND EXERCISES OF RIGHTS)

 STOCK NAME : Huey Tai                       (00164)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 CHAN BOON HO PETER                     G  CALL OPTION      HUEY TAI INTERNATIONAL LTD.                                                                   10

                                        G  OPT              HUEY TAI INTERNATIONAL LTD.            31,295,000    100300-090303        0.514                1

                                        G  OPT              ASEAN RESOURCES HOLDINGS LTD           30,646,000    210300-200303        0.680                1

 STOCK NAME : Lippo                          (00226)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 RIADY MOCHTAR                          G  ORD              ACROSSASIA MULTIMEDIA LTD                 827,300    140101-210610        3.280                1

                                        G  ORD              ACROSSASIA MULTIMEDIA LTD                 827,300    010401-210610        3.280                1

                                        G  ORD              ACROSSASIA MULTIMEDIA LTD               1,654,600    010402-210610        3.280                1

                                        G  ORD              ACROSSASIA MULTIMEDIA LTD               1,654,600    010403-210610        3.280                1

                                        G  ORD              ACROSSASIA MULTIMEDIA LTD               1,654,600    010404-210610        3.280                1

                                        G  ORD              ACROSSASIA MULTIMEDIA LTD               1,654,600    010405-210610        3.280                1

 STOCK NAME : Lippo China Res                (00156)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 RIADY MOCHTAR                          G  ORD              ACROSSASIA MULTIMEDIA LTD                 827,300    140101-210610        3.280                1

                                        G  ORD              ACROSSASIA MULTIMEDIA LTD                 827,300    010401-210610        3.280                1

                                        G  ORD              ACROSSASIA MULTIMEDIA LTD               1,654,600    010402-210610        3.280                1

                                        G  ORD              ACROSSASIA MULTIMEDIA LTD               1,654,600    010403-210610        3.280                1
                                                       SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES -                            PRINTED: 01/12/00  PAGE:   6
                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - B
                                                            (GRANTS, ASSIGNMENTS AND EXERCISES OF RIGHTS)

 STOCK NAME : Lippo China Res                (00156)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 RIADY MOCHTAR                          G  ORD              ACROSSASIA MULTIMEDIA LTD               1,654,600    010404-210610        3.280                1

                                        G  ORD              ACROSSASIA MULTIMEDIA LTD               1,654,600    010405-210610        3.280                1

 STOCK NAME : Pac Century Ins                (00065)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 YUEN TIN FAN FRANCIS                   G  OPT              PACIFIC CENTURY INSURANCE HOLD-        16,200,000                         6.280                1
                                                            INGS LIMITED                  

                                        G  OPT              PACIFIC CENTURY CYBERWORKS LTD         10,670,000    170803-170809        2.356                1

                                        G  OPT              PACIFIC CENTURY CYBERWORKS LTD         32,000,000    260801-260810       12.024                1

 CHUNG CHO YEE MICO                     G  OPT              PACIFIC CENTURY INSURANCE HOLD-         1,900,000                         6.280                1
                                                            INGS LIMITED                  

                                        G  OPT (S$)         PACIFIC CENTURY REGIONAL DEVEL-         8,000,000    150401-140404        0.143                1
                                                            OPMENTS LTD                   

                                        G  OPT              PACIFIC CENTURY CYBERWORKS LTD         17,876,000    170801-170809        2.356                1

                                        G  OPT              PACIFIC CENTURY CYBERWORKS LTD         10,600,000    260801-260810       12.024                1

 STOCK NAME : Sound Int'l                    (00342)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------
 SHUM SIU HUNG                          G  ORD              SOUND INTERNATIONAL LIMITED            35,000,000    040900-020905        0.180                1
                                                       SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES -                            PRINTED: 01/12/00  PAGE:   7
                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - B
                                                            (GRANTS, ASSIGNMENTS AND EXERCISES OF RIGHTS)

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


NOTES:


N1     United Goal Development Limited ("UGD") is 50% owned by Chow Tai Fook
       Enterprises Limited.
       This disclosure is made as a result of the entering into by (i) UGD
       and Mr. Chan Boon Ho Peter as purchasers and Huey Tai International
       Limited as vendor of a conditional sale and purchase agreement on
       17 November 2000 for the purchase by UGD of 742,087,729 shares in
       Asean Resources Holdings Limited ("AR") and (ii) UGD as purchaser
       and Chow Tai Fook Nominee Limited as vendor and agent for Dr. Henry
       Cheng of a conditional sale and purchase agreement on 17 November 2000
       for the purhcase by UGD of 106,000,000 shares in AR.  These two agree-
       ments are conditional and are subject to the fulfilment or waiver of
       the conditions stated in the announcement dated 25 November 2000.
       The transactions under the two agreements are expected to be completed
       on or before 28 February 2001.

N2     Super Control Investments Limited, a direct wholly-owned subsidiary of
       the Company, became legally and beneficially interested in 33,600,000
       consideration shares at HK$1.00 each on 29/11/2000 pursuant to the sale
       and purchase agreement dated 5/10/2000.

N3     Kingston Group Holdings Limited ("Kingston") hereby notify the Exchange
       that by a deed of release dated 24th November 2000, Kingston has released
       1,562,840,000 ordinary shares of HK$0.01 each and warrant (collectively
       "the Shares") in the issued share capital of Hung Fung Group Holdings Ltd
       ("Listco") to Baxter Resources S.A. ("Baxter") upon full repayment of the
       loan granted by Kingston to Baxter.  Therefore, Kingston has ceased to
       have notifiable interest in respect of the shares of the Listco.
       As Ms. Carman Choi Ka Man ("Ms. Choi") controls 1/3 or more of the voting
       power at general meeting(s) of Kingston.  Ms. Choi is/are taken to have ceased
       to have interest in the Shares previously pledged to Kingston as security.

N4     Please refer to the Company's announcements of 21 September 2000 and
       5 October 2000.

N5     United Goal Development Ltd ("UGD") is equally owned by Mr. Chan Boon Ho
       Peter ("Mr. Chan") and Chow Tai Fook Enterprises Limited.  Mr. Chan is deemed
       to be interested in Huey Tai International Limited ("HT") by virtue of
       section 8 of the Securities (Disclosure of Interests) Ordinance ("SDI
       Ordinance").  This disclosure is made as a result of the entering into
       by Mr. Chan and other parties concerned of the following agreements all
       dated 17 November 2000:
       (a)  conditional sale and purchase agreement entered into by UGD and
            Mr. Chan as purchasers and HT as vendor and the party named therein
            as guarantor for the sale by HT of a total of 819,277,729 shares in
            Asean Resources Holdings Limited ("AR") at HK$0.70 per share to (i)
            UGD as to 742,087,729 AR shares and (ii) Mr. Chan as to 77,190,000
            AR shares; and
       (b)  conditional sale and purchase agreement entered into by UGD as
            purchaser and Chow Tai Fook Nominee Limited as vendor and agent for
            Dr. Henry Cheng for the purchase by UGD of 106,000,000 shares in AR
            at HK$0.70 per share.
       These two agreements are conditional and are subject to the fulfilment
       or waiver of the conditions stated in the announcement dated 25 November
       2000.  The transactions under the two agreements are expected to be completed
       on or before 28 February 2001.

N6     The disclosure is made as a result of entering into of a conditional sale
       and purchase agreement dated 17 November 2000 by Mr. Chan, Simultronics
       Limited ("Simultronics") and Win Allied Holding Inc. ("Win Allied") as
       vendors ("Vendors") and Gold Brilliant Limited ("Gold Brilliant") as
       purchaser and the parties named therein as guarantor for the sale by
       the Vendors of a total of 604,822,656 shares in HT to Gold Brilliant at
       HK$0.22 per share.  Mr. Chan is deemed to be interested in Simultronics
       and Win Allied by virtue of section 8 of the SDI Ordinance.  The agree-
       ment is conditional and is subject to the fulfilment or waiver of the
       conditions stated in the announcement dated 25 November 2000.  The
       transaction under the agreement is expected to be completed on or
       before 28 February 2001.

N7     Consideration shares of HK$1.00 each received on 29/11/00 pursuant to
       the sale and purchase agreement dated 05/10/00.

N8     Appointed as executive director on 29/11/00.

N9     Acquisition were made from 27/09/00 to 10/10/00 at prices ranging from
       $13.700 to $13.886 per share.

N10    The Exchange has been notified by Mr. Loh Chung Hon Hansen ("Mr. Loh")
       that he is a director of CITIC Pacific Ltd instead of a director of
       Cathay Pacific Airways Ltd.  Mr. Loh was mistakenly reported to the
       Exchange on his previous SDI filing that he is a director of Cathay
       Pacific Airways Ltd.  This disclosure is to amend his previous filing.

N11    Disposal were made from 27/11/00 to 28/11/00 at prices ranging from
       $40.00 to $40.50 per share.

N12    Expiry of warrants.

N13    Acquisitions were made from 20/11/00 to 24/11/00 at prices ranging from
       $4.70 to $4.85 per share.

N14    Mr. Chung subscribed his entitlement for 171,300 rights shares and his
       spouse subscribed her entitlement for 2,687 rights shares.

N15    Mr. Allen subscribed his entitlement for 7,500 rights shares and 2,500
       excess shares (the allotment of excess shares are subject to the
       announcement of Pacific Century CyberWorks Limited.

N16    Consideration per unit : $44.10 - $44.30

N17    Mr. Yuen subscribed his entitlement for 474,900 rights shares and 5,100
       excess shares (the allotment of excess shares are subject to the
       announcement of Pacific Century CyerWorks Limited).

N18    Bonus Issue

N19    SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES
       SUBSTANTIAL SHAREHOLDERS' NOTIFICATIONS REPORT

       Stock Name: Manulife Financial Corporation (stock code: 945)
       *ISC as at 27/11/00 : 482,164,881

       The Securities and Futures Commission has granted Manulife Financial
       Corporation ("MFC") a partial exemption from compliance with the
       Securities (Disclosure of Interests) Ordinance pursuant to guidelines
       published under section 2A of the Ordinance.  Under the partial
       exemption, MFC is not required to prepare registers, maintain records
       or file, and MFC's corporate insiders are not required to file, with
       Hong Kong regulatory authorities disclosure of interest reports
       pursuant to the Ordinance on the condition that MFC will file with
       the SEHK disclosures of interests made in Canada and the U.S. where
       it maintains primary listings.

       1.  Under Canadian law, 10% shareholders of MFC have to file reports to
           the Ontario Securities Commission ("OSC").  Reports made by 10%
           shareholders, if any, can be found in OSC website www.sedar.com.
           MFC has agreed to monitor the OSC Weekly Bulletin and Insider Early
           Warning Report Press Releases every two weeks and if any reports by
           or concerning 10% shareholders and filed, MFC will provide a hard
           copy to the SEHK for inspection by the Hong Kong public.  So far,
           the SEHK has not received any such reports from MFC.
    
       2.  Under U.S. law, 5% shareholders of MFC have to file reports to the
           U.S. Securities and Exchange Commission ("SEC") pursuant to Schedule
           13G/13D of the Securities and Exchange Act 1934 of the United States.
           Up-to-date reports made by 5% shareholders, if any, can be found in
           SEC website at www.sec.gov.  MFC has agreed to monitor the SEC
           website every two weeks and if any reports on 5% shareholders are
           filed, MFC will provide a hard copy to the SEHK for inspection by
           the Hong Kong public.  So far, the SEHK has not received any such
           reports from MFC.

       3.  Hard copies of filings or reports provided by MFC under paragraphs 1
           and 2 above (if any) are available for inspection at the SEHK's
           office at 11/F., One International Finance Centre, 1 Harbour View
           Street, Central, Hong Kong, and upon request in writing to MFC at
           MFC's office at Manulife Plaza, The Lee Gardens, 48th Floor, 33
           Hysan Avenue, Causeway Bay, Hong Kong.  For enquiries or arrangements
           regarding inspection at the SEHK please contact the SEHK SDI Unit
           (Mr. Chan (2840-3707) or Miss Tsui (2840-3769)).
  
       * 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.

N20    SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES
       DIRECTORS' AND CHIEF EXECUTIVES' NOTIFICATIONS REPORT
  
       Stock Name: Manulife Financial Corporation (stock code: 945)
       *ISC as at 27/11/00 : 482,164,881

       The Securities and Futures Commission has granted Manulife Financial
       Corporation ("MFC") a partial exemption from compliance with the
       Securities (Disclosure of Interests) Ordinance pursuant to guidelines
       published under section 2A of the Ordinance.  Under the partial
       exemption, MFC is not required to prepare registers, maintain records
       or file, and MFC's corporate insiders are not required to file, with
       Hong Kong regulatory authorities disclosure of interest reports
       pursuant to the Ordinance on the condition that MFC will file with
       the SEHK disclosures of interests made in Canada and the U.S. where
       it maintains primary listings.

       1.  Under Canadian law, "insiders" including directors of MFC have
           to file reports to the Ontario Securities Commission ("OSC")
           in Form 55 pursuant to the Ontario Securities Act.  Forms 55
           filed with the SEHK today are produced below.  Pursuant to this
           MFC has today filed with the SEHK 2 copies of Form 55 which can
           be found in the hard copy of the Daily Summaries of Directors'
           and Chief Executives' Notifications Report.
    
       2.  MFC is presently a "foreign private issuer" under U.S. law.  As
           such, no directors of MFC are required to make any disclosure of
           interests filings under the Securities Exchange Act 1934 of the
           United States.  
    
       *  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.