2004 December [LD42]

Rule 8.04 Rule 14A.65(4) Part A of Appendix 1, Paragraph 27A -  Whether a listing applicant migrating from the GEM Board to the Main Board should be required to discharge existing shareholders loans on or before its date of listing in full in order to demonstrate its financial independence [LD42-1] [December 2004]

GEM Rule 11.12, Note 3 GEM Rule 20.65(4) - Whether existing financial assistance from the controlling shareholders of a GEM listing applicant, in the form of guarantees or security in support of borrowings, should be permitted to continue on and after the date of listing [LD42-2] [December 2004]

GEM Rule 7.02 GEM Rule 7.12 -  Whether the roll-back and roll-forward procedures adopted by the reporting accountants in the accountants' report were acceptable to the Exchange for GEM IPO [LD42-3] [December 2004]

Rule 8.05(1)(c) -  Whether the requirements for ownership continuity and control under Rule 8.05(1)(c) were satisfied when the controlling shareholder held a large part of its shareholding interests through a trust arrangement in the most recent audited financial year in the track record period [LD42-4] [December 2004]