2005 First Quarter [LD45]

Rule 8.05(1)(b) Practice Note 3 paragraph 2 - Whether the requirement for management continuity under Listing Rule 8.05(1)(b) and Paragraph 2 of Practice Note 3 could be satisfied when only one director had remained on the board of directors throughout the three financial year track record period up to the time of listing [LD45-1] [First Quarter 2005]

Rule 8.05(1)(a) - Whether (a) deferred tax credits arising out of netting off the tax effect from bad debt provisions; and (b) tax refunds arising out of capitalization of retained profits and statutory surplus reserves, in the financial statements of Company A could be counted towards satisfaction of the profit requirement of Listing Rule 8.05(1)(a) [LD45-2] [First Quarter 2005]

GEM Rule 7.03(1) GEM Rule 11.10   - Whether Company A would be granted a waiver from the strict requirements of GEM Listing Rules 7.03(1) and 11.10 to the effect that the accountants' report that was included in its prospectus would not be required to include the financial information up to its latest financial year end [LD45-3] [First Quarter 2005]