%PDF-1.3 %‚„Ō” 3 0 obj << /Length 17167 >> stream BT /F1 1 Tf 12 0 0 12 315.26 64.48 Tm 0.000 0.000 0.000 1.000 k /GS2 gs 0.0096 Tc 0.0049 Tw (?1 ?Tj ET /GS3 gs 1.5 i 272.763 783.809 m 275.064 783.809 l 275.064 774.833 l 277.027 774.833 l 277.027 783.809 l 279.313 783.809 l 279.313 785.352 l 272.763 785.352 l 272.763 783.809 l f 290.685 774.833 m 290.685 776.376 l 287.122 776.376 l 287.122 779.616 l 290.404 779.616 l 290.404 781.158 l 287.122 781.158 l 287.122 783.809 l 290.685 783.809 l 290.685 785.352 l 285.159 785.352 l 285.159 774.833 l 290.685 774.833 l f 301.201 778.577 m 301.159 777.904 301.285 776.165 300.205 776.165 c 298.859 776.165 298.788 777.582 298.788 778.452 c 298.788 781.369 l 298.788 782.183 298.662 784.020 300.205 784.020 c 301.173 784.020 301.103 782.757 301.187 782.084 c 303.122 782.084 l 303.136 782.351 303.109 782.617 303.080 782.883 c 302.940 784.679 301.958 785.577 300.205 785.604 c 297.063 785.604 296.853 783.613 296.768 780.934 c 296.768 779.433 l 296.768 776.628 296.979 774.580 300.205 774.580 c 302.393 774.580 303.038 776.053 303.136 777.975 c 303.150 778.171 303.165 778.381 303.179 778.577 c 301.201 778.577 l f 311.434 774.833 m 311.434 779.644 l 314.183 779.644 l 314.183 774.833 l 316.147 774.833 l 316.147 785.352 l 314.183 785.352 l 314.183 781.187 l 311.434 781.187 l 311.434 785.352 l 309.470 785.352 l 309.470 774.833 l 311.434 774.833 l f 327.460 783.291 m 327.460 782.351 327.502 781.341 327.558 780.331 c 327.614 779.321 327.684 778.298 327.755 777.344 c 327.726 777.344 l 327.249 779.054 326.829 780.303 326.324 781.523 c 324.795 785.352 l 322.762 785.352 l 322.762 774.833 l 324.725 774.833 l 324.725 776.810 l 324.725 777.652 324.683 778.704 324.627 779.756 c 324.571 780.822 324.486 781.888 324.416 782.757 c 324.444 782.757 l 324.907 781.102 325.328 779.826 325.847 778.577 c 327.376 774.833 l 329.424 774.833 l 329.424 785.352 l 327.460 785.352 l 327.460 783.291 l f* 335.954 779.433 m 335.954 776.628 336.164 774.580 339.390 774.580 c 342.616 774.580 342.827 776.628 342.827 779.433 c 342.827 780.934 l 342.742 783.613 342.532 785.604 339.390 785.604 c 336.249 785.604 336.038 783.613 335.954 780.934 c 335.954 779.433 l h 337.974 781.369 m 337.974 782.183 337.848 784.020 339.390 784.020 c 340.849 784.020 340.807 782.154 340.807 781.313 c 340.807 778.620 l 340.807 777.610 340.793 776.165 339.390 776.165 c 338.044 776.165 337.974 777.582 337.974 778.452 c 337.974 781.369 l f* 354.954 774.833 m 354.954 776.376 l 351.307 776.376 l 351.307 785.352 l 349.343 785.352 l 349.343 774.833 l 354.954 774.833 l f 360.981 779.433 m 360.981 776.628 361.191 774.580 364.417 774.580 c 367.643 774.580 367.854 776.628 367.854 779.433 c 367.854 780.934 l 367.770 783.613 367.560 785.604 364.417 785.604 c 361.276 785.604 361.065 783.613 360.981 780.934 c 360.981 779.433 l h 363.001 781.369 m 363.001 782.183 362.875 784.020 364.417 784.020 c 365.876 784.020 365.835 782.154 365.835 781.313 c 365.835 778.620 l 365.835 777.610 365.820 776.165 364.417 776.165 c 363.071 776.165 363.001 777.582 363.001 778.452 c 363.001 781.369 l f* 374.188 779.433 m 374.188 776.628 374.398 774.580 377.624 774.580 c 378.339 774.636 379.083 774.945 379.476 776.039 c 379.504 776.039 l 379.504 774.833 l 380.977 774.833 l 380.977 780.485 l 377.709 780.485 l 377.709 778.943 l 379.069 778.943 l 379.111 777.357 378.747 776.165 377.624 776.165 c 376.278 776.165 376.208 777.582 376.208 778.452 c 376.208 781.369 l 376.208 782.183 376.081 784.020 377.624 784.020 c 378.957 783.963 379.027 783.122 379.055 782.056 c 381.018 782.056 l 381.005 782.477 381.018 782.912 380.920 783.332 c 380.472 785.156 379.308 785.591 377.624 785.604 c 374.483 785.604 374.272 783.613 374.188 780.934 c 374.188 779.433 l f 389.022 785.352 m 386.876 785.352 l 389.611 779.307 l 389.611 774.833 l 391.575 774.833 l 391.575 779.307 l 394.351 785.352 l 392.206 785.352 l 391.266 782.968 l 391.027 782.379 390.761 781.790 390.621 780.977 c 390.592 780.977 l 390.508 781.537 390.340 782.070 390.130 782.589 c 389.022 785.352 l f q 272.600 774.580 121.751 74.422 re W n 0.100 1.000 1.000 0.000 k 344.924 795.384 m 343.201 794.350 341.823 793.086 337.302 793.086 c 335.294 793.086 332.657 795.375 329.857 798.854 c 329.857 798.855 l 328.478 800.568 327.061 802.570 325.658 804.730 c 324.801 806.051 324.068 807.296 323.444 808.454 c 323.443 808.454 l 320.976 813.026 320.219 816.209 320.219 817.218 c 320.219 818.481 322.327 822.157 325.658 825.070 c 328.990 827.983 331.558 829.090 332.477 829.665 c 333.396 830.239 332.592 832.766 332.477 834.301 c 332.362 835.835 332.132 836.943 330.483 837.058 c 328.834 837.172 329.229 837.508 326.807 835.220 c 323.361 831.962 319.644 825.070 319.070 824.381 c 318.496 823.691 318.302 824.611 317.957 827.482 c 317.612 830.354 317.232 832.537 316.428 836.598 c 315.624 840.660 314.590 838.551 313.786 837.747 c 312.982 836.943 312.867 837.402 312.022 837.402 c 311.177 837.402 309.035 836.713 309.380 834.186 c 309.724 831.659 311.907 824.036 312.752 822.042 c 313.597 820.048 312.752 819.285 312.137 817.447 c 311.602 815.851 307.922 810.929 306.136 808.457 c 306.135 808.457 l 305.865 808.084 305.640 807.768 305.474 807.528 c 304.210 805.689 304.785 804.500 306.393 803.925 c 308.001 803.351 308.805 803.581 310.528 804.500 c 312.161 805.370 312.860 806.832 313.552 808.454 c 313.550 808.457 l 313.552 808.457 l 313.899 809.272 314.244 810.129 314.705 810.973 c 316.083 813.501 316.428 812.237 316.887 811.203 c 317.122 810.675 317.447 809.756 318.000 808.454 c 318.001 808.454 l 318.530 807.213 319.268 805.624 320.333 803.696 c 321.280 801.985 322.169 800.397 323.284 798.854 c 323.286 798.854 l 323.284 798.854 l 324.742 796.838 326.586 794.897 329.449 792.857 c 334.504 789.255 337.647 789.870 341.363 790.099 c 345.080 790.329 348.600 795.039 347.796 795.843 c 346.992 796.647 346.647 796.418 344.924 795.384 c f* 300.494 810.859 m 298.655 810.744 295.628 809.824 291.378 809.250 c 287.127 808.676 284.904 808.446 284.329 809.366 c 283.755 810.284 284.633 811.088 285.019 812.812 c 285.404 814.535 286.094 817.907 286.438 820.204 c 286.783 822.502 287.357 824.266 288.736 824.840 c 290.114 825.414 291.074 825.529 294.635 825.529 c 298.196 825.529 302.258 825.414 303.866 826.908 c 305.474 828.401 306.582 831.503 303.250 831.503 c 299.919 831.503 298.941 831.433 295.324 830.699 c 290.229 829.665 289.655 829.550 290.229 831.388 c 290.344 831.962 291.837 836.139 291.952 836.713 c 292.067 837.287 292.067 837.287 293.216 837.517 c 294.364 837.747 308.231 838.666 310.413 839.125 c 312.596 839.585 313.171 840.315 312.137 842.268 c 311.103 844.221 310.988 843.072 310.184 844.795 c 309.380 846.518 308.805 846.174 307.082 845.829 c 305.359 845.484 303.175 844.594 296.358 844.336 c 293.330 844.221 292.699 843.363 289.769 843.991 c 286.553 844.680 283.525 844.221 282.377 841.423 c 281.202 838.561 282.491 836.483 283.870 836.483 c 285.249 836.483 285.560 836.369 285.404 835.105 c 285.249 833.841 284.789 832.077 284.559 831.158 c 284.329 830.239 282.951 829.665 282.147 829.320 c 281.343 828.975 279.734 827.638 279.390 825.644 c 279.045 823.651 279.390 823.076 280.309 822.961 c 281.228 822.846 281.917 822.961 y 281.687 819.630 281.228 817.218 v 280.768 814.805 280.539 812.467 278.930 810.859 c 277.701 809.629 276.178 809.565 274.965 808.454 c 274.964 808.454 l 274.591 808.112 274.247 807.672 273.950 807.068 c 272.686 804.500 271.652 801.858 273.835 801.858 c 276.018 801.858 275.974 803.228 278.701 803.696 c 282.721 804.385 293.256 804.040 296.013 803.696 c 298.770 803.351 299.145 803.311 300.034 805.189 c 301.348 807.965 303.325 807.052 303.806 808.452 c 303.799 808.454 l 303.806 808.454 l 303.830 808.521 303.849 808.595 303.866 808.676 c 304.210 810.399 302.332 810.973 300.494 810.859 c f* Q 0.100 1.000 1.000 0.000 k 345.039 825.070 m 343.890 824.725 342.856 824.570 342.627 821.927 c 342.397 819.285 342.060 817.220 345.269 818.481 c 348.486 819.745 354.426 827.327 349.330 832.422 c 344.235 837.517 333.166 825.144 332.247 813.156 c 332.109 811.355 332.098 809.799 332.184 808.454 c 332.671 800.849 336.262 800.019 337.531 800.019 c 341.049 800.019 345.244 804.572 347.585 808.450 c 347.586 808.457 l 349.017 810.826 349.755 812.946 349.215 813.616 c 347.796 815.379 346.188 811.203 344.350 809.366 c 344.035 809.050 343.744 808.744 343.467 808.454 c 343.464 808.454 l 342.131 807.057 341.097 806.034 338.910 806.034 c 337.762 806.034 336.971 806.933 336.561 808.453 c 336.559 808.453 l 336.561 808.454 l 336.274 809.518 336.173 810.888 336.268 812.467 c 336.498 816.299 336.842 820.145 340.214 824.036 c 343.201 827.482 345.729 827.023 346.073 826.678 c 346.417 826.333 346.188 825.414 345.039 825.070 c f* q 272.600 774.580 121.751 74.422 re W n 367.095 808.456 m 367.097 808.454 l 367.095 808.454 l 367.045 808.413 366.995 808.372 366.947 808.331 c 362.973 804.999 360.744 805.464 359.523 808.455 c 359.509 808.491 359.494 808.525 359.480 808.561 c 357.946 812.467 359.365 815.954 y 363.156 815.954 365.109 817.332 v 367.659 819.133 375.148 823.994 372.846 830.584 c 371.468 834.531 365.798 833.037 363.615 829.780 c 361.624 826.807 359.531 825.201 358.676 823.880 c 357.487 822.042 355.824 822.516 355.419 820.894 c 354.959 819.056 356.568 819.630 356.108 817.447 c 355.694 815.482 354.633 811.801 354.535 808.456 c 354.537 808.454 l 354.535 808.454 l 354.461 805.917 354.942 803.571 356.683 802.317 c 361.338 798.964 370.853 804.409 373.195 808.454 c 373.821 809.536 373.935 810.517 373.306 811.203 c 372.078 812.543 368.868 809.940 367.095 808.456 c h 363.845 825.989 m 365.224 827.942 366.832 828.897 367.677 828.208 c 368.522 827.518 368.137 826.793 366.717 824.381 c 365.298 821.968 362.926 821.583 362.352 821.927 c 361.778 822.272 362.467 824.036 363.845 825.989 c f* 391.882 841.308 m 392.916 844.336 393.606 846.288 391.193 847.552 c 388.781 848.816 386.754 850.424 386.024 846.748 c 385.294 843.072 383.226 835.220 381.159 829.550 c 379.090 823.880 375.690 815.013 376.293 810.170 c 376.374 809.515 376.405 808.952 376.425 808.455 c 376.426 808.454 l 376.425 808.454 l 376.530 805.896 376.358 805.098 381.388 802.777 c 382.882 802.088 387.288 802.777 384.719 804.730 c 383.100 805.961 382.613 806.611 382.422 808.452 c 382.417 808.452 l 382.422 808.454 l 382.364 809.012 382.334 809.683 382.307 810.514 c 382.116 816.412 383.070 818.096 384.489 822.846 c 385.909 827.597 390.849 838.280 391.882 841.308 c f* Q BT /F-12 1 Tf 17.5 0 0 17.5 66.98 753.76 Tm 0.000 0.000 0.000 1.000 k /GS2 gs 0.0068 Tc 0.0097 Tw (EXCEL TECHNOLOGY INTERNATIONAL HOLDINGS LIMITED)Tj /G2 1 Tf 6.2229 -1.2 TD 0.0000 Tc 0.0000 Tw <0080>Tj /F-12 1 Tf 0.9463 0 TD ( )Tj /G2 1 Tf 0.2537 0 TD <049b>Tj /F-12 1 Tf 1.0457 0 TD ( )Tj /G2 1 Tf 0.2537 0 TD <14bf>Tj /F-12 1 Tf 1.0457 0 TD ( )Tj /G2 1 Tf 0.2503 0 TD <07c5>Tj /F-12 1 Tf 1.0457 0 TD ( )Tj /G2 1 Tf 0.2537 0 TD <04a6>Tj /F-12 1 Tf 1.0457 0 TD ( )Tj /G2 1 Tf 0.2537 0 TD <0a37>Tj /F-12 1 Tf 1.0457 0 TD ( )Tj /G2 1 Tf 0.2503 0 TD <10e7>Tj /F-12 1 Tf 1.0457 0 TD ( )Tj /G2 1 Tf 0.2537 0 TD <0a9b>Tj /F-12 1 Tf 1.0457 0 TD ( )Tj /G2 1 Tf 0.2503 0 TD <0670>Tj /F-12 1 Tf 1.0457 0 TD ( )Tj /G2 1 Tf 0.2537 0 TD <03de>Tj /F-12 1 Tf 1.0457 0 TD ( )Tj /G2 1 Tf 0.2537 0 TD <0822>Tj /F-12 1 Tf 1.0457 0 TD ( )Tj /G2 1 Tf 0.2503 0 TD <02ae>Tj /F-12 1 Tf 1.0457 0 TD ( )Tj /G2 1 Tf 0.2537 0 TD <0321>Tj /F-12 1 Tf 1.0457 0 TD ( )Tj /G2 1 Tf 0.1509 0 TD <0081>Tj /F-12 1 Tf 10.2 0 0 10.2 479.06 738.58 Tm (*)Tj /F-11 1 Tf 12 0 0 12 214.58 716.38 Tm 0.0122 Tc 0.0023 Tw [(\(Incorpor)12.9(ated in Bermuda with limited liability\))]TJ /F-12 1 Tf 14 0 0 14 199.82 687.1 Tm 0.0091 Tc 0.0027 Tw [(FIRST Q)11(U)62.5(AR)39.4(TERL)89.5(Y RESUL)91.2(TS FOR THE)]TJ -0.3857 -1.1443 TD 0.0090 Tc 0.0029 Tw (THREE MONTHS ENDED 31 MARCH 2003)Tj 12 0 0 12 64.22 642.4 Tm -0.0012 Tc -0.0377 Tw [(Characteristics of The Gr)22(o)8.8(wth Enter)11.5(prise Mark)10.3(et \()]TJ /F2 1 Tf 21.6025 0 TD [(“GEM”\) of The Stock Exchange of Hong K)31.1(ong Limited)]TJ -21.6025 -1.165 TD 0.0123 Tc 0.0013 Tw (\(the “Exchange”\))Tj 0 -2.335 TD 0.0087 Tc -0.0055 Tw [(GEM has been established as a mark)13.3(et designed to accommodate co)]TJ 29.4257 0 TD [(mpanies to which a high in)44.5(v)8.7(e)0(stment)]TJ -29.4257 -1.165 TD -0.0014 Tc -0.0360 Tw [(risk may be attached. In particular)96(, companies may list on GEM )]TJ 27.1714 0 TD [(with neither a track r)22.2(ecord of pr)23.8(of)20.2(itability)]TJ -27.1714 -1.17 TD 0.0194 Tc 0.0178 Tw [(nor any obligation to f)28.2(o)0(r)17.8(ecast futur)18.1(e pr)19.4(of)26.8(itability)68.4(. Furthermor)]TJ 27.7 0 TD [(e, ther)19.5(e may be risks arising out of the)]TJ -27.7 -1.165 TD 0.0001 Tc -0.0321 Tw [(emer)10.4(ging natur)16.9(e of companies listed on GEM and the b)27.9(usiness sec)]TJ 27.7969 0 TD (tors or countries in which the companies)Tj -27.7969 -1.165 TD 0.0103 Tc -0.0011 Tw [(operate. Pr)18.4(ospecti)11.2(v)10.3(e)0( in)38.2(v)10.3(estors should be awar)18.4(e of the potential)]TJ 27.1705 0 TD [( risks of in)44.1(v)10.3(esting in such companies and)]TJ -27.1705 -1.17 TD 0.0085 Tc -0.0064 Tw [(should mak)12.5(e the decision to in)43.1(v)8.5(est only after due and car)18.7(eful c)]TJ 26.9095 0 TD [(onsideration. The gr)21.5(eater risk pr)19.6(of)25(ile and)]TJ -26.9095 -1.165 TD 0.0038 Tc -0.0211 Tw [(other characteristics of GEM mean that it is a mark)17.7(et mor)20.6(e suit)]TJ 27.1566 0 TD [(ed to pr)17.6(ofessional and other sophisticated)]TJ -27.1566 -1.165 TD 0.0126 Tc 0.0000 Tw [(in)39.2(v)12.6(estors.)]TJ 0 -2.335 TD 0.0150 Tc 0.0093 Tw [(Gi)11(v)10(en the emer)11.4(ging natur)17.2(e of companies listed on GEM, ther)22.3(e is )]TJ 28.6395 0 TD (a risk that securities traded on GEM)Tj -28.6395 -1.165 TD 0.0246 Tc 0.0284 Tw [(may be mor)18(e susceptible to high mark)10.8(et v)13.9(olatility than securiti)]TJ 28.4571 0 TD (es traded on the Main Board and no)Tj -28.4571 -1.17 TD 0.0119 Tc 0.0033 Tw [(assurance is gi)12.4(v)11.9(en that ther)13.6(e will be a liquid mark)15.5(et in the se)]TJ 26.5148 0 TD (curities traded on GEM.)Tj -26.5148 -2.33 TD 0.0010 Tc -0.0318 Tw [(The principal means of inf)27(ormation dissemination on GEM is publ)]TJ 28.1687 0 TD [(ication on the inter)25.6(net website operated)]TJ -28.1687 -1.17 TD 0.0118 Tc 0.0021 Tw [(by the Exchange. Listed companies ar)21.5(e not generally r)22.6(equir)16.9(ed to)]TJ 28.199 0 TD ( issue paid announcements in gazetted)Tj -28.199 -1.165 TD 0.0174 Tc 0.0139 Tw [(newspapers. Accordingly)57.1(,)-0.1( pr)18.6(ospecti)11.1(v)12.4(e)0( in)36.6(v)12.4(estors should note that)]TJ 28.3669 0 TD [( they need to ha)23.6(v)12.4(e)0( access to the GEM)]TJ -28.3669 -1.165 TD 0.0122 Tc 0.0026 Tw [(website in order to obtain up-to-date inf)30(ormation on GEM-listed)]TJ 28.3131 0 TD [( issuers.)]TJ /F-11 1 Tf -28.3131 -2.335 TD 0.0105 Tc -0.0003 Tw [(The Exc)17.3(hang)12.1(e tak)8.3(es no r)34.9(esponsibility for the contents of this a)]TJ 25.475 0 TD [(nnouncement, mak)16(es no r)39.9(epr)34.6(esentation as to its)]TJ -25.475 -1.165 TD 0.0117 Tc 0.0017 Tw [(accur)15.4(acy or completeness and e)22.1(xpr)38.1(essly disclaims any liability )]TJ 26.1155 0 TD [(whatsoe)20.3(ver for any loss howe)12.4(ver arising fr)45.1(om)]TJ -26.1155 -1.17 TD 0.0119 Tc 0.0032 Tw [(or in r)40.8(eliance upon the whole or any part of the contents of th)]TJ 25.4448 0 TD (is announcement.)Tj -25.4448 -2.33 TD 0.0216 Tc 0.0226 Tw [(This announcement, for whic)18(h the dir)38.9(ector)8.2(s \(the )]TJ /F3 1 Tf 20.6306 0 TD [(“Dir)37.2(ector)13.2(s”\) of Excel T)93.7(e)0(c)16.2(hnolo)6.2(gy International Holdings)]TJ -20.6306 -1.17 TD 0.0091 Tc -0.0072 Tw (Limited \(the “Company”\) collectively and individually accept fu)Tj 26.3804 0 TD [(ll r)44.5(esponsibility)59(, includes particular)10.2(s given in)]TJ -26.3804 -1.165 TD 0.0124 Tc 0.0038 Tw [(compliance with the Rules Go)12.3(verning the Listing of Securities o)]TJ 26.3322 0 TD [(n the Gr)47.2(owth Enterprise Mark)14.3(et of The Stoc)22.4(k)]TJ -26.3322 -1.165 TD 0.0108 Tc 0.0005 Tw [(Exc)16.4(hang)8.2(e of Hong K)41.5(ong Limited \(“GEM Listing Rules”\) for the pur)]TJ 28.0092 0 TD [(pose of giving information with r)39.5(e)44.8(gar)36.4(d to)]TJ -28.0092 -1.17 TD 0.0055 Tc -0.0163 Tw [(the Company)59.1(. The Dir)35.9(ector)12.5(s, having made all r)36.7(easonable enquirie)]TJ 26.6805 0 TD [(s, conf)18.7(irm that, to the best of their knowledg)16.2(e)]TJ -26.6805 -1.165 TD 0.0238 Tc 0.0269 Tw (and belief: - \(1\) the information contained in this announcemen)Tj 27.2133 0 TD [(t is accur)22.3(ate and complete in all material)]TJ -27.2133 -1.165 TD 0.0068 Tc -0.0109 Tw [(r)40.8(espects and not misleading; \(2\) ther)35.3(e ar)39.3(e no other matter)8.9(s the)]TJ 25.3591 0 TD [( omission of whic)15.1(h would mak)14(e any statement in)]TJ -25.3591 -1.17 TD 0.0075 Tc -0.0104 Tw [(this announcement misleading; and \(3\) all opinions e)21.9(xpr)40.5(essed in)]TJ 26.2136 0 TD [( this announcement have been arrived at after)]TJ -26.2136 -1.165 TD 0.0121 Tc 0.0029 Tw [(due and car)35.6(eful consider)18.7(ation and ar)35.6(e founded on bases and assu)]TJ 27.0313 0 TD [(mptions that ar)40.1(e fair and r)41.6(easonable)13.5(.)]TJ 11 0 0 11 63.68 93.7 Tm 0.0151 Tc 0.0026 Tw [(* F)105.3(or identif)25.2(ication purpose only)]TJ ET endstream endobj 4 0 obj << /ProcSet [/PDF /Text ] /Font << /F-12 5 0 R /F-11 6 0 R /F1 7 0 R /F2 8 0 R /F3 9 0 R /G2 10 0 R >> /ExtGState << /GS2 11 0 R /GS3 12 0 R >> >> endobj 15 0 obj << /Length 1098 >> stream BT /F1 1 Tf 12 0 0 12 315.26 64.48 Tm 0.000 0.000 0.000 1.000 k /GS2 gs 0.0096 Tc 0.0049 Tw (?2 ?Tj ET q 1 i 0.030 913.980 666.970 -913.980 re W n 0.000 0.000 0.000 1.000 K 0 J 0 j 0.48 w 1000 M []0 d /GS3 gs 64.440 849.010 538.170 -146.720 re S Q BT /F2 1 Tf 12 0 0 12 78.38 827.92 Tm 0.0126 Tc 0.0000 Tw (Highlights)Tj /F1 1 Tf 0 -2.335 TD 0.0068 Tc -0.0124 Tw [(?-2003.2(F)17.8(or the three months ended 31 March 2003, turno)13.6(v)16.8(er amounted to)]TJ 29.025 0 TD [( HK$59,984,000, representing an)]TJ -26.665 -1.165 TD 0.0119 Tc 0.0032 Tw (increase of 106% when compared with the same period of last yea)Tj 27.3071 0 TD -0.0501 Tc 0.0000 Tw (r.)Tj -29.6671 -2.335 TD 0.0121 Tc 0.0029 Tw [(?-1997.9(Loss from operations w)10.7(as HK$8,694,000 for the f)21.9(irst quarter of)]TJ 28.5151 0 TD [( 2003.)]TJ -28.5151 -2.335 TD 0.0131 Tc 0.0054 Tw [(?-1996.9(Loss attrib)19.9(utable to shareholders for the three months ended 3)]TJ 27.9493 0 TD [(1 March 2003 w)16.4(as reduced by 15%)]TJ -25.5893 -1.165 TD 0.0122 Tc 0.0024 Tw [(on a quarter)17.3(-to-quarter basis to HK$8,100,000.)]TJ ET endstream endobj 16 0 obj << /ProcSet [/PDF /Text ] /Font << /F1 7 0 R /F2 8 0 R >> /ExtGState << /GS2 11 0 R /GS3 12 0 R >> >> endobj 18 0 obj << /Length 5888 >> stream BT /F1 1 Tf 12 0 0 12 315.26 64.48 Tm 0.000 0.000 0.000 1.000 k /GS2 gs 0.0096 Tc 0.0049 Tw (?3 ?Tj /F2 1 Tf -20.92 64.645 TD 0.0121 Tc 0.0028 Tw [(FIRST Q)10.4(U)59.1(AR)38.2(TERL)96.3(Y RESUL)93.4(TS ENDED 31 MARCH 2003)]TJ /F1 1 Tf 0 -2.33 TD 0.0207 Tc 0.0207 Tw [(The Directors of the Compan)17.2(y present here)30.5(with the unaudited con)]TJ 27.911 0 TD [(solidated results of the Compan)17.1(y and its)]TJ -27.911 -1.17 TD 0.0084 Tc -0.0071 Tw [(subsidiaries \(collecti)27(v)18.4(ely referred to as the “Group”\) for the )]TJ 24.5528 0 TD (three months ended 31 March 2003, together with)Tj -24.5528 -1.165 TD 0.0121 Tc 0.0028 Tw [(the comparati)26.1(v)17.1(e)0( f)16.1(igures for the corresponding period in 2002, a)]TJ 26.0563 0 TD [(s follo)31.9(ws:)]TJ /F2 1 Tf 6.6537 -2.335 TD 0.0119 Tc 0.0029 Tw [(F)27.9(or the thr)15.2(ee months)]TJ 1.065 -1.165 TD 0.0030 Tw [(ended 31 Mar)19.3(ch)]TJ -0.38 -1.165 TD 0.0125 Tc 0.0000 Tw (2003)Tj /F1 1 Tf 8.975 0 TD (2002)Tj /F3 1 Tf -18.735 -1.17 TD 0.0129 Tc (Notes)Tj /F-13 1 Tf 7.94 0 TD 0.0128 Tc (HK$)Tj /F4 1 Tf 1.9833 0 TD (?00)Tj /F3 1 Tf 7.0517 0 TD 0.0124 Tc (HK$?00)Tj /F1 1 Tf -40.61 -2.33 TD [(T)43.5(urno)18.1(v)12.5(e)0(r)]TJ /F3 1 Tf 24.55 0 TD 0.0000 Tc (2)Tj /F2 1 Tf 8.07 0 TD 0.0125 Tc (59,984)Tj /F1 1 Tf 8.975 0 TD (29,140)Tj ET 0.000 0.000 0.000 1.000 K 0 J 0 j 1.44 w 10 M []0 d /GS3 gs 1 i 427.040 681.700 m 489.380 681.700 l S 0.3 w 427.040 679.570 m 489.380 679.570 l S 1.44 w 534.740 681.700 m 597.080 681.700 l S 0.3 w 534.740 679.570 m 597.080 679.570 l S BT 12 0 0 12 64.22 655.24 Tm /GS2 gs 0.0122 Tc 0.0022 Tw (Loss from operations)Tj /F2 1 Tf 32.785 0 TD 0.0126 Tc 0.0000 Tw [(\(8,694)8.6(\))]TJ /F1 1 Tf 8.975 0 TD [(\(8,017)8.6(\))]TJ -41.76 -1.165 TD 0.0022 Tw (Finance costs)Tj /F3 1 Tf 24.55 0 TD 0.0000 Tc 0.0000 Tw (3)Tj /F2 1 Tf 9.01 0 TD 0.0127 Tc [(\(182)8.7(\))]TJ /F1 1 Tf 8.2 0 TD [(\(1,769)8.6(\))]TJ -41.76 -2.335 TD 0.0120 Tc 0.0029 Tw [(Share of prof)23.2(its less losses of associates)]TJ /F2 1 Tf 33.905 0 TD 0.0125 Tc 0.0000 Tw (269)Tj /F1 1 Tf 8.975 0 TD (597)Tj ET 0.48 w /GS3 gs 427.040 608.020 m 489.380 608.020 l 534.740 608.020 m 597.080 608.020 l S BT 12 0 0 12 64.22 584.26 Tm /GS2 gs 0.0122 Tc 0.0023 Tw (Loss before taxation)Tj /F2 1 Tf 32.785 0 TD 0.0126 Tc 0.0000 Tw [(\(8,607)8.6(\))]TJ /F1 1 Tf 8.975 0 TD [(\(9,189)8.6(\))]TJ -41.76 -2.335 TD [(T)83.6(axation)]TJ /F3 1 Tf 24.55 0 TD 0.0000 Tc (4)Tj /F2 1 Tf 9.525 0 TD 0.0128 Tc [(\(55)11.4(\))]TJ /F1 1 Tf 8.975 0 TD [(\(98)11.4(\))]TJ ET /GS3 gs 427.040 551.020 m 489.380 551.020 l 534.740 551.020 m 597.080 551.020 l S BT 12 0 0 12 64.22 527.26 Tm /GS2 gs 0.0122 Tc 0.0022 Tw (Loss before minority interests)Tj /F2 1 Tf 32.785 0 TD 0.0126 Tc 0.0000 Tw [(\(8,662)8.6(\))]TJ /F1 1 Tf 8.975 0 TD [(\(9,287)8.6(\))]TJ -41.76 -1.17 TD 0.0124 Tc 0.0016 Tw (Minority interests)Tj /F2 1 Tf 33.905 0 TD 0.0000 Tw (562)Tj /F1 1 Tf 8.63 0 TD 0.0127 Tc [(\(264)8.7(\))]TJ ET /GS3 gs 427.040 508.060 m 489.380 508.060 l 534.740 508.060 m 597.080 508.060 l S BT 12 0 0 12 64.22 484.24 Tm /GS2 gs 0.0123 Tc 0.0022 Tw [(Loss attrib)22.8(utable to shareholders)]TJ /F2 1 Tf 32.785 0 TD 0.0126 Tc 0.0000 Tw [(\(8,100)8.6(\))]TJ /F1 1 Tf 8.975 0 TD [(\(9,551)8.6(\))]TJ ET 1.44 w /GS3 gs 427.040 479.740 m 489.380 479.740 l S 0.3 w 427.040 477.610 m 489.380 477.610 l S 1.44 w 534.740 479.740 m 597.080 479.740 l S 0.3 w 534.740 477.610 m 597.080 477.610 l S BT 12 0 0 12 64.22 453.28 Tm /GS2 gs 0.0121 Tc 0.0030 Tw (Loss per share)Tj 0 -1.17 TD 0.0026 Tw [(Basic and fully diluted)]TJ /F3 1 Tf 24.55 0 TD 0.0000 Tc 0.0000 Tw (5)Tj /F2 1 Tf 5.915 0 TD 0.0122 Tc 0.0018 Tw (\(0.82\) cents)Tj /F1 1 Tf 9.085 0 TD 0.0124 Tc 0.0022 Tw (\(0.97\) cents)Tj ET 1.44 w /GS3 gs 427.040 434.740 m 489.380 434.740 l S 0.3 w 427.040 432.610 m 489.380 432.610 l S 1.44 w 534.740 434.740 m 597.080 434.740 l S 0.3 w 534.740 432.610 m 597.080 432.610 l S BT /F3 1 Tf 11 0 0 11 64.22 408.28 Tm /GS2 gs 0.0152 Tc 0.0000 Tw (Notes:)Tj /F2 1 Tf 0 -2.5473 TD 0.0021 Tw [(1.)-1795.8(Basis of pr)14.5(esentation)]TJ /F1 1 Tf 2.5745 -2.5473 TD 0.0093 Tc -0.0151 Tw [(The f)20.4(inancial information has been prepared in accordance with )]TJ 26.2299 0 TD (all applicable Statements of Standard Accounting)Tj -26.2299 -1.2709 TD 0.0191 Tc 0.0107 Tw [(Practice \(“SSAP”\) and Interpretations issued by the Hong K)38.2(ong S)]TJ 27.672 0 TD (ociety of Accountants, accounting principles)Tj -27.672 -1.2709 TD 0.0151 Tc 0.0028 Tw [(generally accepted in Hong K)36.7(ong and the disclosure requirements)]TJ 27.3197 0 TD [( of the Hong K)39.4(ong Companies Ordinance.)]TJ -27.3197 -2.5473 TD 0.0203 Tc 0.0133 Tw [(This f)19.7(inancial information also complies with the applicable di)]TJ 26.4745 0 TD [(sclosure requirements of the Gro)36.1(wth Enterprise)]TJ -26.4745 -1.2709 TD 0.0150 Tc 0.0030 Tw [(Mark)11.5(et operated by The Stock Exchange of Hong K)35(ong Limited.)]TJ 0 -2.5473 TD 0.0153 Tc 0.0024 Tw [(All signif)17.4(icant intra-group transactions and balances ha)27.7(v)13.5(e)0( been)]TJ 26.1087 0 TD 0.0023 Tw ( eliminated on consolidation.)Tj /F2 1 Tf -28.6832 -2.5473 TD 0.0145 Tc 0.0000 Tw [(2.)-1796.4(T)87(u)-0.8(r)20.7(n)-0.8(o)5.8(v)12.7(er)]TJ /F1 1 Tf 2.5745 -2.5418 TD 0.0151 Tc 0.0027 Tw [(The principal acti)28.1(vities of the Group are the de)25(v)13.3(elopment, sale)]TJ 25.9061 0 TD [(s and implementation of enterprise softw)16.6(are.)]TJ -25.9061 -2.5473 TD 0.0061 Tc -0.0267 Tw [(T)44.4(urno)13.7(v)15.2(er represents income from complementary computer hardw)20.6(are)]TJ 28.0102 0 TD [( and softw)7.2(are sales and IT services \(including)]TJ -28.0102 -1.2709 TD 0.0150 Tc 0.0027 Tw [(the ASP b)18.3(usiness\) rendered to customers during the year)48.4(, net of)]TJ 26.3741 0 TD [( returns and discounts allo)23.9(wed, after eliminating)]TJ -26.3741 -1.2764 TD 0.0155 Tc 0.0011 Tw (intra-group transactions.)Tj ET endstream endobj 19 0 obj << /ProcSet [/PDF /Text ] /Font << /F-13 20 0 R /F1 7 0 R /F2 8 0 R /F3 9 0 R /F4 21 0 R >> /ExtGState << /GS2 11 0 R /GS3 12 0 R >> >> endobj 23 0 obj << /Length 4183 >> stream BT /F1 1 Tf 12 0 0 12 315.26 64.48 Tm 0.000 0.000 0.000 1.000 k /GS2 gs 0.0096 Tc 0.0049 Tw (?4 ?Tj /F2 1 Tf 11 0 0 11 64.22 840.22 Tm 0.0150 Tc 0.0020 Tw [(3.)-1795.9(Finance costs)]TJ 36.0709 -2.5418 TD 0.0151 Tc 0.0031 Tw [(F)26.1(or the thr)18.2(ee months)]TJ 1.0745 -1.2764 TD 0.0030 Tw [(ended 31 Mar)16.6(ch)]TJ -0.54 -1.2709 TD 0.0000 Tw (2003)Tj /F1 1 Tf 9.7909 0 TD (2002)Tj /F4 1 Tf -11.6182 -1.2709 TD 0.0159 Tc (HK$?00)Tj /F3 1 Tf 9.8509 0 TD 0.0153 Tc (HK$?00)Tj /F1 1 Tf -42.0545 -2.5473 TD 0.0150 Tc 0.0028 Tw [(Interest on bank loans, o)18.1(v)13.2(erdraft & other)]TJ /F2 1 Tf 35.0618 0 TD 0.0136 Tc 0.0000 Tw (55)Tj /F1 1 Tf 10.3091 0 TD 0.0000 Tc (6)Tj -44.3509 -1.2709 TD 0.0146 Tc 0.0075 Tw [(borro)24.6(wings repayable within f)22.9(i)25.3(v)18.2(e)0( years)]TJ -1.02 -2.5473 TD 0.0152 Tc 0.0027 Tw [(Finance costs on con)37.8(v)18.8(ertible note)]TJ /F2 1 Tf 35.58 0 TD 0.0000 Tc 0.0000 Tw (0)Tj /F1 1 Tf 7.9745 0 TD 0.0159 Tc (1,763)Tj ET 0.000 0.000 0.000 1.000 K 0 J 0 j 0.48 w 10 M []0 d /GS3 gs 1 i 427.040 695.020 m 489.380 695.020 l 534.740 695.020 m 597.080 695.020 l S BT /F2 1 Tf 11 0 0 11 478.22 671.26 Tm /GS2 gs 0.0136 Tc (55)Tj /F1 1 Tf 8.4927 0 TD 0.0159 Tc (1,769)Tj ET 1.44 w /GS3 gs 427.040 666.700 m 489.380 666.700 l S 0.3 w 427.040 664.570 m 489.380 664.570 l S 1.44 w 534.740 666.700 m 597.080 666.700 l S 0.3 w 534.740 664.570 m 597.080 664.570 l S BT /F2 1 Tf 11 0 0 11 64.22 640.24 Tm /GS2 gs 0.0151 Tc [(4.)-1795.8(T)87.6(axation)]TJ 36.0709 -2.5473 TD 0.0031 Tw [(F)26.1(or the thr)18.2(ee months)]TJ 1.0745 -1.2709 TD 0.0030 Tw [(ended 31 Mar)16.6(ch)]TJ -0.54 -1.2709 TD 0.0000 Tw (2003)Tj /F1 1 Tf 9.7909 0 TD (2002)Tj /F4 1 Tf -11.6182 -1.2764 TD 0.0159 Tc (HK$?00)Tj /F3 1 Tf 9.8509 0 TD 0.0153 Tc (HK$?00)Tj /F1 1 Tf -42.0545 -2.5418 TD 0.0027 Tw [(The Compan)14.1(y and its Subsidiaries)]TJ 1.02 -1.2764 TD 0.0141 Tc 0.0074 Tw [(?Hong K)33.3(ong Prof)19.3(its T)83.8(a)0(x)]TJ /F2 1 Tf 34.56 0 TD 0.0000 Tc 0.0000 Tw (0)Tj /F1 1 Tf 9.7909 0 TD (0)Tj -44.3509 -1.2709 TD 0.0142 Tc 0.0073 Tw [(?Ov)16.2(erseas T)81.5(a)0(x)]TJ /F2 1 Tf 34.0418 0 TD 0.0136 Tc 0.0000 Tw (12)Tj /F1 1 Tf 9.7909 0 TD (14)Tj -44.8527 -1.2709 TD 0.0151 Tc 0.0031 Tw (Share of taxation of an associate)Tj /F2 1 Tf 35.0618 0 TD 0.0136 Tc 0.0000 Tw (43)Tj /F1 1 Tf 9.7909 0 TD (84)Tj ET 0.48 w /GS3 gs 427.040 495.040 m 489.380 495.040 l 534.740 495.040 m 597.080 495.040 l S BT /F2 1 Tf 11 0 0 11 478.22 471.22 Tm /GS2 gs (55)Tj /F1 1 Tf 9.7909 0 TD (98)Tj ET 1.44 w /GS3 gs 427.040 466.720 m 489.380 466.720 l S 0.3 w 427.040 464.590 m 489.380 464.590 l S 1.44 w 534.740 466.720 m 597.080 466.720 l S 0.3 w 534.740 464.590 m 597.080 464.590 l S BT 11 0 0 11 92.54 440.26 Tm /GS2 gs 0.0161 Tc 0.0054 Tw [(Hong K)34(ong prof)20.9(its tax has been pro)18.5(vided at the rate of 16% \(200)]TJ 26.9987 0 TD [(2: 16%\) on the estimated assessable prof)23.3(its for)]TJ -26.9987 -1.2709 TD 0.0023 Tc -0.0363 Tw [(the period. Ov)14.4(erseas taxation has been calculated on the estima)]TJ 25.0773 0 TD [(ted assessable prof)26.8(its for the period at rates pre)29.2(v)27.8(ailing)]TJ -25.0773 -1.2764 TD 0.0154 Tc 0.0021 Tw [(in the respecti)23.6(v)13.6(e)0.1( jurisdiction.)]TJ /F2 1 Tf -2.5745 -2.5418 TD 0.0148 Tc 0.0032 Tw [(5.)-1796.1(Loss per shar)17.4(e)]TJ /F1 1 Tf 2.5745 -2.5473 TD 0.0106 Tc -0.0080 Tw (The calculation of basic loss per share for the three months en)Tj 25.378 0 TD [(ded 31 March 2003 is based on the loss attrib)26(utable)]TJ -25.378 -1.2709 TD 0.0167 Tc 0.0056 Tw (to shareholders of approximately HK$8,100,000 \(2002: Loss HK$9,)Tj 28.4203 0 TD [(551,000\) and the weighted a)24.9(v)14.9(erage number)]TJ -28.4203 -1.2764 TD 0.0151 Tc 0.0028 Tw (of 985,050,000 shares \(2002: 985,050,000 shares\) in issue durin)Tj 26.64 0 TD (g the period.)Tj -26.64 -2.5418 TD 0.0231 Tc 0.0194 Tw (Diluted loss per share for the periods ended 31 March 2003 and )Tj 27.4038 0 TD (2002 are the same as the basic loss per share)Tj -27.4038 -1.2764 TD 0.0151 Tc 0.0028 Tw [(because there w)7.2(as no diluti)28.2(v)13.3(e)0( ef)28.7(fect in e)13.4(xistence during the re)]TJ 25.5485 0 TD [(specti)28.5(v)18.7(e)0( periods.)]TJ ET endstream endobj 24 0 obj << /ProcSet [/PDF /Text ] /Font << /F1 7 0 R /F2 8 0 R /F3 9 0 R /F4 21 0 R >> /ExtGState << /GS2 11 0 R /GS3 12 0 R >> >> endobj 26 0 obj << /Length 6347 >> stream BT /F1 1 Tf 12 0 0 12 315.26 64.48 Tm 0.000 0.000 0.000 1.000 k /GS2 gs 0.0096 Tc 0.0049 Tw (?5 ?Tj /F2 1 Tf -20.92 64.645 TD 0.0127 Tc 0.0000 Tw [(RESER)57.4(VES)]TJ 0 -2.33 TD 0.0120 Tc 0.0031 Tw [(Mo)13(v)12(ements in r)14.9(eser)13.9(v)7(es f)27(or the periods ended 31 Mar)16.7(ch 2003 and 2)]TJ 29.0419 0 TD [(002 wer)18.8(e as f)29.1(ollo)8.9(ws:?]TJ -3.7019 -2.335 TD 0.0128 Tc 0.0000 Tw [(Shar)22.5(e)-5518.2(Retained)]TJ -1.52 -1.165 TD 0.0125 Tc [(Pr)19.9(emium)-6914.1(Pr)14.8(of)22.8(it)-4834.2(T)94.5(otal)]TJ /F3 1 Tf 0.255 -1.17 TD [(HK$?00)-5641.5(HK$?00)-3276.5(HK$?00)]TJ /F1 1 Tf -24.075 -2.33 TD 0.0122 Tc 0.0029 Tw [(At 1 January 2002)-16978.7(179,650)-6272.8(\(60,029)5.7(\))-3409.8(119,621)]TJ 0 -1.17 TD 0.0028 Tw [(Loss for the period)-19557.1(0)-6787.8(\(9,551)8.2(\))-4089.8(\(9,551)8.2(\))]TJ ET 0.000 0.000 0.000 1.000 K 0 J 0 j 0.48 w 10 M []0 d /GS3 gs 1 i 336.320 709.060 m 398.720 709.060 l 449.720 709.060 m 512.060 709.060 l 534.740 709.060 m 597.080 709.060 l S BT 12 0 0 12 64.22 685.24 Tm /GS2 gs 0.0030 Tw [(At 31 March 2002)-16991.2(179,650)-6272.8(\(69,580)5.7(\))-3409.8(110,070)]TJ ET 1.44 w /GS3 gs 336.320 680.740 m 398.720 680.740 l S 0.3 w 336.320 678.610 m 398.720 678.610 l S 1.44 w 449.720 680.740 m 512.060 680.740 l S 0.3 w 449.720 678.610 m 512.060 678.610 l S 1.44 w 534.740 680.740 m 597.080 680.740 l S 0.3 w 534.740 678.610 m 597.080 678.610 l S BT 12 0 0 12 64.22 654.22 Tm /GS2 gs 0.0029 Tw [(At 1 January 2003)-16978.7(179,650)-5762.8(\(128,850)8.2(\))-3924.8(50,800)]TJ 0 -1.165 TD 0.0028 Tw [(Loss for the period)-19557.1(0)-6787.8(\(8,100)8.2(\))-4089.8(\(8,100)8.2(\))]TJ ET 0.48 w /GS3 gs 336.320 635.020 m 398.720 635.020 l 449.720 635.020 m 512.060 635.020 l 534.740 635.020 m 597.080 635.020 l S BT 12 0 0 12 64.22 611.26 Tm /GS2 gs 0.0118 Tc 0.0034 Tw (At 31 March 2003)Tj /F2 1 Tf 24.55 0 TD 0.0125 Tc 0.0000 Tw [(179,650)-5762.5(\(136,950)8.5(\))-3924.5(42,700)]TJ ET 1.44 w /GS3 gs 336.320 606.700 m 398.720 606.700 l S 0.3 w 336.320 604.570 m 398.720 604.570 l S 1.44 w 449.720 606.700 m 512.060 606.700 l S 0.3 w 449.720 604.570 m 512.060 604.570 l S 1.44 w 534.740 606.700 m 597.080 606.700 l S 0.3 w 534.740 604.570 m 597.080 604.570 l S BT 12 0 0 12 64.22 580.24 Tm /GS2 gs 0.0017 Tw (INTERIM DIVIDEND)Tj /F1 1 Tf 0 -2.335 TD 0.0193 Tc 0.0177 Tw [(The Directors do not recommend the payment of an interim di)29.7(vide)]TJ 27.9691 0 TD (nd for the three months ended 31 March)Tj -27.9691 -1.165 TD 0.0122 Tc 0.0026 Tw (2003 \(2002: Nil\).)Tj /F2 1 Tf 0 -2.335 TD 0.0124 Tc 0.0017 Tw [(B)9.4(USINESS REVIEW)]TJ /F1 1 Tf 0 -2.33 TD 0.0090 Tc -0.0043 Tw [(In the f)21.3(irst quarter of 2003, the Group achie)31.2(v)14(ed a gro)24.3(wth of 10)]TJ 25.4452 0 TD [(6% to HK$59,984,000 in its turno)19.8(v)14(er compared)]TJ -25.4452 -1.17 TD 0.0104 Tc -0.0006 Tw [(with the f)21(irst quarter of the pre)29.2(vious year \(2002 Q1: HK$29,140)]TJ 26.2902 0 TD [(,000\). By sector performance on a quarter)25.8(-to-)]TJ -26.2902 -1.165 TD 0.0044 Tc -0.0211 Tw [(quarter comparison, softw)12.5(are sales gre)26.8(w by 13%, hardw)11.5(are and so)]TJ 26.5557 0 TD [(ftw)11.8(are resale increased by 520%, consultanc)19(y)]TJ -26.5557 -1.165 TD -0.0013 Tc -0.0388 Tw [(and systems inte)17(gration services dropped by 79%, maintenance se)]TJ 26.0002 0 TD -0.0387 Tw [(rvices gre)33(w by 26% and ASP services increased)]TJ -26.0002 -1.165 TD 0.0059 Tc -0.0136 Tw [(by 6%. The Group sees a substantial gro)29(wth in hardw)10.6(are and soft)]TJ 26.2886 0 TD [(w)11.5(are resale, albeit being a lo)27.2(wer prof)23.6(it mar)17.8(gin)]TJ -26.2886 -1.17 TD 0.0266 Tc 0.0326 Tw [(b)21.6(usiness, reflecting a hea)21.8(vy demand from mainland China and a k)]TJ 28.36 0 TD [(e)15.6(y)0( acceptance of Excel by the Chinese)]TJ -28.36 -1.165 TD 0.0079 Tc -0.0093 Tw [(enterprises. The k)10.8(e)16.9(y b)19.4(usiness focus of the Compan)15.4(y)67.9(,)0( enterprise )]TJ 25.8073 0 TD [(softw)13.8(are sales, a higher prof)17.7(it mar)19.2(gin b)23.2(usiness,)]TJ -25.8073 -1.165 TD 0.0120 Tc 0.0030 Tw (increased by 191% when compared with the fourth quarter of 2002)Tj 27.6129 0 TD 0.0000 Tc 0.0000 Tw (.)Tj -27.6129 -2.335 TD 0.0083 Tc -0.0067 Tw [(T)84.3(otal operating e)15.5(xpense in this quarter decreased by about 11% )]TJ 26.0175 0 TD [(and 24% when compared with the f)22(irst quarter)]TJ -26.0175 -1.165 TD 0.0121 Tc 0.0027 Tw [(and last quarter in 2002 respecti)31.5(v)12.1(ely)63.3(.)]TJ 0 -2.335 TD 0.0179 Tc 0.0147 Tw [(Loss attrib)21.6(utable to shareholders reduced by 15% on a quarter)27.6(-t)]TJ 26.6218 0 TD (o-quarter basis to HK$8,100,000 \(2002 Q1:)Tj -26.6218 -1.165 TD 0.0412 Tc 0.0618 Tw [(HK$9,551,000\). This represents an impro)15.8(v)16.2(ement of 76% when compa)]TJ 31.1917 0 TD (red to that in 2002 Q4 \(loss of)Tj -31.1917 -1.17 TD 0.0124 Tc 0.0000 Tw (HK$34,012,000\).)Tj /F2 1 Tf 0 -2.33 TD 0.0018 Tw [(FUTURE PR)27.6(OSPECTS)]TJ /F1 1 Tf 0 -2.335 TD 0.0151 Tc 0.0096 Tw [(The epidemic SARS is still haunting the re)21.1(gion, notably the k)11(e)14.1(y)]TJ 26.5851 0 TD [( mark)10.3(ets of the Compan)15.7(y)65.1(.)0( Much of the sales)]TJ -26.5851 -1.165 TD 0.0111 Tc 0.0010 Tw [(and mark)8.8(eting acti)31(vities and interaction with clients ha)23(v)16.1(e)0( star)]TJ 25.1806 0 TD [(ted to be af)22.8(fected e)26.8(v)16.1(en though the Compan)18(y has)]TJ -25.1806 -1.17 TD 0.0081 Tc -0.0081 Tw [(adopted contingenc)16(y measures to minimize the risk of e)19.8(xposure a)]TJ 26.5895 0 TD [(nd ha)20.8(v)13.1(e)0( ef)30.2(fecti)22.3(v)13.1(e)0( back up support. The lik)12.3(ely)]TJ -26.5895 -1.165 TD 0.0162 Tc 0.0116 Tw [(SARS ef)23(fect to our b)25.3(usiness w)8.4(ould be delay in certain contract )]TJ 26.4482 0 TD (conclusion. The real impact will not be seen)Tj -26.4482 -1.165 TD 0.0084 Tc -0.0053 Tw [(until to)23.9(w)10.4(ards the later part of the year and depends on ho)30.8(w soo)]TJ 25.5627 0 TD (n the situation can be brought under control. At)Tj -25.5627 -1.17 TD 0.0136 Tc 0.0060 Tw [(present we ha)21.4(v)18.6(e)0( a health)4.8(y backlog of contracts on hand. The man)]TJ 27.0363 0 TD (agement is closely monitoring the situation)Tj -27.0363 -1.165 TD 0.0086 Tc -0.0067 Tw [(and will tak)11.7(e the necessary measures to ensure b)26(usiness continu)]TJ 25.9661 0 TD (ity for both internal and our clients?operation.)Tj ET endstream endobj 27 0 obj << /ProcSet [/PDF /Text ] /Font << /F1 7 0 R /F2 8 0 R /F3 9 0 R >> /ExtGState << /GS2 11 0 R /GS3 12 0 R >> >> endobj 29 0 obj << /Length 5646 >> stream BT /F1 1 Tf 12 0 0 12 315.26 64.48 Tm 0.000 0.000 0.000 1.000 k /GS2 gs 0.0096 Tc 0.0049 Tw (?6 ?Tj /F2 1 Tf -20.92 64.645 TD 0.0122 Tc 0.0024 Tw [(DIRECT)17.3(ORS?AND CHIEF EXECUTIVE’S INTERESTS IN SECURITIES)]TJ /F1 1 Tf 0 -2.33 TD 0.0066 Tc -0.0105 Tw (As at 31 March 2003, the interests of the Directors and chief e)Tj 25.175 0 TD [(x)11.6(ecuti)26.9(v)16.6(e)0( in the share capital of the Compan)12.3(y and)]TJ -25.175 -1.17 TD 0.0381 Tc 0.0574 Tw [(its associated corporations \(as def)24.2(ined under the Securities \(D)]TJ 27.5507 0 TD (isclosure of Interests\) Ordinance \(“SDI)Tj -27.5507 -1.165 TD 0.0230 Tc 0.0254 Tw [(Ordinance”\)\), as recorded in the re)16.3(gister maintained pursuant t)]TJ 26.6594 0 TD [(o Section 29 of the SDI Ordinance were as)]TJ -26.6594 -1.165 TD 0.0128 Tc 0.0000 Tw [(follo)22.9(ws:)]TJ /F2 1 Tf 0 -2.335 TD 0.0120 Tc 0.0031 Tw [(I.)-1697.9(Shar)14.4(es in the Company:)]TJ 25.09 -2.335 TD 0.0027 Tw [(Number of ordinary shar)20.8(es held)]TJ -22.73 -1.165 TD 0.0123 Tc 0.0025 Tw [(Name of Dir)19.6(ector)-11744.3(P)18.3(ersonal)-3323(F)23.3(amily)-2773.2(Cor)3.5(porate)-2572.6(Other)]TJ /F1 1 Tf 0 -2.335 TD 0.0029 Tw [(Zee Chan Mei Chu, Pe)18.5(ggy)-8144.1(1,538,000)-5367.9(?-2182.8(569,954,544)]TJ 7 0 0 7 534.8 676.24 Tm 0.0000 Tc 0.0000 Tw (*)Tj 12 0 0 12 585.08 672.22 Tm (?Tj -41.045 -1.165 TD 0.0122 Tc 0.0028 Tw [(Fung Din Chung, Rickie)-8431.1(24,559,498)-5365.4(?-6307.8(?-4182.8(?]TJ T* 0.0124 Tc 0.0020 Tw [(Leung Luc)16.9(y)62.4(,)0.2( Michele)-13356.1(?-5367.6(?-2697.6(24,559,498)]TJ 7 0 0 7 534.8 648.22 Tm 0.0000 Tc 0.0000 Tw (#)Tj 12 0 0 12 585.08 644.26 Tm (?Tj -41.045 -1.17 TD 0.0121 Tc 0.0029 Tw [(Ng W)76.8(ai King, Ste)28.7(v)17.1(e)-10328.9(21,050,998)-5365.5(?-6307.9(?-4182.9(?]TJ 0 -1.165 TD 0.0033 Tw [(Ip Kim K)15.7(uen)-13650(1,403,400)-5367.9(?-6307.8(?-4182.8(?]TJ T* 0.0123 Tc 0.0029 Tw [(W)81.3(ong Mee Chun)-13370.1(40,000)-3040.2(382,000)-6307.7(?-4182.7(?]TJ 11 0 0 11 92.54 574.24 Tm 0.0101 Tc -0.0112 Tw [(*)-2069.9(These shares were held by P)17.4(assion In)41.1(v)13.7(estment \(BVI\) Limited, a )]TJ 28.8249 0 TD [(compan)17.1(y incorporated in the British V)65.3(i)0(r)20.3(gin)]TJ -26.2449 -1.2709 TD 0.0150 Tc 0.0030 Tw [(Islands and is wholly-o)25.6(wned by Zee Chan Mei Chu, Pe)19.5(ggy)66.7(.)]TJ -2.58 -2.5473 TD 0.0204 Tc 0.0139 Tw [(#)-2059.6(These shares were held by Mossell Green Limited, a compan)20.9(y inc)]TJ 30.3753 0 TD [(orporated in the British V)67.9(i)0(r)13.6(gin Islands)]TJ -27.7953 -1.2709 TD 0.0151 Tc 0.0028 Tw [(and is wholly-o)28.5(wned by Leung Luc)11(y)67.8(,)0( Michele.)]TJ /F2 1 Tf 12 0 0 12 64.22 490.24 Tm 0.0121 Tc [(II.)-1293.6(Options to subscribe f)25(or shar)20.1(es in the Company:)]TJ /F1 1 Tf 2.36 -2.335 TD 0.0078 Tc -0.0072 Tw [(Pursuant to the share option scheme for emplo)12.5(yees which w)12.4(as ado)]TJ 26.9467 0 TD (pted on 16 June 2000 and amended on)Tj -26.9467 -1.165 TD -0.0029 Tc -0.0422 Tw (18 April 2001 \(the “Old Scheme”\), the Directors may at their di)Tj 24.9063 0 TD [(scretion grant options to full-time emplo)16.8(yees)]TJ -24.9063 -1.165 TD 0.0062 Tc -0.0128 Tw [(and e)11.2(x)16.2(ecuti)25(v)16.2(e)0( directors of the Group to subscribe for ordinary )]TJ 25.1877 0 TD [(shares in the Compan)21.2(y subject to the terms)]TJ -25.1877 -1.165 TD 0.0228 Tc 0.0247 Tw (and conditions stipulated in the Old Scheme. The maximum number)Tj 28.9886 0 TD [( of ordinary shares in respect of)]TJ -28.9886 -1.17 TD 0.0093 Tc -0.0027 Tw [(which options may be granted under the Old Scheme shall not e)19.3(x)0(c)]TJ 27.0626 0 TD (eed 30% of the issued share capital of)Tj -27.0626 -1.165 TD 0.0070 Tc -0.0088 Tw [(the Compan)12.3(y from time to time. At the special general meeting o)]TJ 26.3856 0 TD [(f the Compan)26.1(y held on 23 April 2002, a)]TJ -26.3856 -1.165 TD 0.0054 Tc -0.0159 Tw [(ne)24.8(w share option scheme \(“Ne)27.3(w Scheme”\) w)10.2(as adopted and appro)15.7(v)15.4(e)0(d)]TJ 28.1799 0 TD [( in substitution for the Old Scheme.)]TJ -28.1799 -1.17 TD 0.0147 Tc 0.0090 Tw [(Upon adoption of the Ne)22.7(w Scheme, no further options will be gra)]TJ 27.2782 0 TD [(nted under the Old Scheme b)27.8(ut in all)]TJ -27.2782 -1.165 TD 0.0260 Tc 0.0313 Tw [(other respects, the pro)13.6(visions of the Old Scheme shall remain i)]TJ 27.0194 0 TD (n force and all options granted prior)Tj -27.0194 -1.165 TD 0.0120 Tc 0.0030 Tw [(thereto shall continue to be v)27.6(alid and e)14.2(x)17(ercisable in accordanc)]TJ 25.5804 0 TD [(e with the pro)19.7(visions of the Old Scheme.)]TJ -25.5804 -2.335 TD 0.0129 Tc 0.0045 Tw [(The follo)24.5(wing directors were granted share options under the Ol)]TJ 26.517 0 TD (d Scheme for nominal consideration to)Tj -26.517 -1.165 TD 0.0120 Tc 0.0031 Tw [(subscribe for shares in the Compan)15(y)67(,)0( details of which are as fo)]TJ 25.815 0 TD 0.0000 Tw [(llo)27(ws:)]TJ /F2 1 Tf -4.25 -3.5 TD 0.0123 Tc 0.0027 Tw (Number of options)Tj -2.31 -1.17 TD 0.0121 Tc 0.0026 Tw [(granted on 1 September)-7687.5(Balance of)]TJ 0.01 -1.165 TD 0.0032 Tw [(2000 at exer)20.4(cise price of)-6788.6(options as at)]TJ -19.265 -1.165 TD 0.0026 Tw [(Name of Dir)18.6(ectors)-13478.5(HK$0.90 per shar)22.4(e)-5753.9(31 Mar)18.6(ch 2003)]TJ /F1 1 Tf 0 -2.335 TD 0.0123 Tc 0.0027 Tw [(Fung Din Chung, Rickie)-15556(8,000,000)-8167.8(8,000,000)]TJ 0 -1.165 TD 0.0124 Tc 0.0020 Tw [(Leung Luc)16.9(y)62.4(,)0.2( Michele)-16871.1(8,000,000)-8167.7(8,000,000)]TJ 0 -1.17 TD 0.0122 Tc 0.0028 Tw [(Ng W)76.9(ai King, Ste)28.8(v)17.2(e)-17453.8(8,000,000)-8167.9(8,000,000)]TJ 0 -1.165 TD 0.0032 Tw [(Ip Kim K)15.8(uen)-20264.9(8,000,000)-8167.8(8,000,000)]TJ ET endstream endobj 30 0 obj << /ProcSet [/PDF /Text ] /Font << /F1 7 0 R /F2 8 0 R >> /ExtGState << /GS2 11 0 R >> >> endobj 32 0 obj << /Length 5766 >> stream BT /F1 1 Tf 12 0 0 12 315.26 64.48 Tm 0.000 0.000 0.000 1.000 k /GS2 gs 0.0096 Tc 0.0049 Tw (?7 ?Tj -18.56 64.645 TD 0.0088 Tc -0.0042 Tw [(The options at the e)12.6(x)18.8(ercise price of HK$0.90 per share with the)]TJ 25.861 0 TD [( option period from 1 September 2000 to)]TJ -25.861 -1.165 TD 0.0121 Tc 0.0029 Tw [(31 August 2005 \(both dates inclusi)27.3(v)12.1(e\) are subject to the follo)30.8(w)]TJ 25.8841 0 TD [(ing v)10.4(esting period:?]TJ -25.8841 -2.335 TD 0.0119 Tc 0.0032 Tw [(\(i\))-1385.8(20% of the options commencing on 1 March 2001;)]TJ 0 -1.165 TD [(\(ii\))-1093.9(20% of the options commencing on 1 September 2001;)]TJ T* [(\(iii\))-802(15% of the options commencing on 1 March 2002;)]TJ 0 -1.17 TD [(\(i)24.9(v\))-898.1(15% of the options commencing on 1 September 2002;)]TJ 0 -1.165 TD 0.0033 Tw [(\(v\))-1160.9(15% of the options commencing on 1 March 2003; and)]TJ T* 0.0031 Tw [(\(vi\))-873.2(the remaining 15% of the options commencing on 1 September )]TJ 28.6586 0 TD 0.0000 Tw (2003.)Tj -28.6586 -2.335 TD 0.0117 Tc 0.0021 Tw [(Sa)18.3(v)16.7(e)0.1( as disclosed abo)12.8(v)16.7(e)0.1( and other than certain nominee shares i)]TJ 26.2364 0 TD 0.0022 Tw (n subsidiaries held by a director in trust)Tj -26.2364 -1.165 TD 0.0063 Tc -0.0114 Tw (for the Group, as at 31 March 2003, none of the directors or ch)Tj 25.3836 0 TD [(ief e)17.9(x)16.3(ecuti)25.6(v)16.3(e)0( or their respecti)26.1(v)11.3(e)0( spouses or)]TJ -25.3836 -1.17 TD 0.0090 Tc -0.0034 Tw [(children under 18 years of age had an)12.6(y right to subscribe for t)]TJ 25.1753 0 TD [(he shares of the Compan)20.9(y or its associated)]TJ -25.1753 -1.165 TD 0.0123 Tc 0.0000 Tw (corporations.)Tj /F2 1 Tf -2.36 -2.335 TD 0.0124 Tc 0.0011 Tw [(SUBST)90.1(ANTIAL SHAREHOLDERS)]TJ /F1 1 Tf 0 -2.33 TD 0.0140 Tc 0.0072 Tw [(At 31 March 2003, the Compan)19.4(y has been notif)20.8(ied of the follo)26.8(win)]TJ 27.3921 0 TD [(g interests in the Compan)18.2(y?51(s issued shares)]TJ -27.3921 -1.17 TD 0.0119 Tc 0.0033 Tw (amounting to 10% or more of the shares in issue:?Tj /F2 1 Tf 39.615 -2.33 TD 0.0123 Tc 0.0000 Tw [(P)18.3(e)0(r)22.6(centage)]TJ 1.68 -1.17 TD 0.0120 Tc 0.0026 Tw (of total)Tj -41.295 -1.165 TD 0.0122 Tc [(Name of shar)17.7(eholders)-19716(No. of shar)16.8(es held)-1591.1(issued shar)19.9(es)]TJ /F1 1 Tf 0 -2.335 TD 0.0118 Tc 0.0035 Tw [(Ms. Zee Chan Mei Chu, Pe)16.7(ggy )]TJ /F3 1 Tf 13 0 TD (\(Note 1\))Tj /F1 1 Tf 18.96 0 TD 0.0125 Tc 0.0000 Tw [(571,492,544)-4162.6(58.02%)]TJ -31.96 -2.33 TD 0.0122 Tc 0.0027 Tw [(P)13.2(assion In)45.4(v)12.2(estment \(BVI\) Limited )]TJ /F3 1 Tf 14.395 0 TD (\(Note 1\))Tj /F1 1 Tf 17.565 0 TD 0.0125 Tc 0.0000 Tw [(569,954,544)-4162.6(57.86%)]TJ -31.96 -2.335 TD 0.0121 Tc 0.0027 Tw [(Cheung K)37.7(ong \(Holdings\) Limited )]TJ /F3 1 Tf 14.18 0 TD (\(Note 2\))Tj /F1 1 Tf 17.78 0 TD 0.0125 Tc 0.0000 Tw [(143,233,151)-4162.6(14.54%)]TJ -31.96 -2.33 TD 0.0121 Tc 0.0027 Tw [(Li Ka-Shing Unity T)39.2(rustee Corporation Limited )]TJ /F3 1 Tf 20.03 0 TD (\(Note 2\))Tj /F1 1 Tf 11.93 0 TD 0.0125 Tc 0.0000 Tw [(143,233,151)-4162.6(14.54%)]TJ -31.03 -1.17 TD 0.0121 Tc 0.0028 Tw [(\(as trustee of The Li Ka-Shing Unity Discretionary T)39.5(rust\))]TJ -0.93 -2.33 TD [(Li Ka-Shing Unity T)38.6(rustee Compan)16.7(y Limited )]TJ /F3 1 Tf 19.025 0 TD (\(Note 2\))Tj /F1 1 Tf 12.935 0 TD 0.0125 Tc 0.0000 Tw [(143,233,151)-4162.6(14.54%)]TJ -30.95 -1.17 TD 0.0120 Tc 0.0031 Tw [(\(as trustee of The Li Ka-Shing Unity T)38.5(rust\))]TJ -1.01 -2.33 TD 0.0027 Tw [(Li Ka-Shing Unity Holdings Limited )]TJ /F3 1 Tf 15.515 0 TD (\(Note 2\))Tj /F1 1 Tf 16.445 0 TD 0.0125 Tc 0.0000 Tw [(143,233,151)-4162.6(14.54%)]TJ -31.96 -2.335 TD 0.0117 Tc 0.0036 Tw [(Mr)55.4(. Li Ka Shing )]TJ /F3 1 Tf 7.005 0 TD (\(Note 2\))Tj /F1 1 Tf 24.955 0 TD 0.0125 Tc 0.0000 Tw [(143,233,151)-4162.6(14.54%)]TJ /F3 1 Tf 11 0 0 11 64.22 280.24 Tm 0.0151 Tc (Note:)Tj /F1 1 Tf 0 -2.5418 TD 0.0163 Tc 0.0055 Tw [(1)2.7(.)-1794.6(These shares ha)19.1(v)14.5(e)0( been disclosed as the corporate interest of)]TJ 27.8272 0 TD [( the director in the paragraph “Directors?and chief)]TJ -25.2527 -1.2764 TD 0.0154 Tc 0.0017 Tw [(e)12.1(x)13.6(ecuti)29.7(v)13.6(e)0.1(?55(s)0.1( interests in securities?)]TJ -2.5745 -2.5418 TD 0.0197 Tc 0.0125 Tw [(2)6.1(.)-1791.2(Li Ka-Shing Unity Holdings Limited, of which Mr)55.4(. Li Ka Shing )]TJ 29.8278 0 TD [(o)25.7(wns the entire issued share capital, o)32.6(wns the)]TJ -27.2533 -1.2764 TD 0.0119 Tc -0.0061 Tw [(entire issued share capital of Li Ka-Shing Unity T)38.1(rustee Compan)]TJ 26.6618 0 TD [(y Limited. Li Ka-Shing Unity T)40(rustee Compan)11.5(y)]TJ -26.6618 -1.2709 TD 0.0215 Tc 0.0162 Tw [(Limited as trustee of The Li Ka-Shing Unity T)39.4(rust, together wit)]TJ 26.9485 0 TD (h certain companies which Li Ka-Shing Unity)Tj -26.9485 -1.2709 TD 0.0111 Tc -0.0075 Tw [(T)33(rustee Compan)16(y Limited as trustee of The Li Ka-Shing Unity T)40.1(r)0(u)]TJ 27.4187 0 TD [(st is entitled to e)20.4(x)14.7(ercise or control the e)13.9(x)14.7(ercise)]TJ -27.4187 -1.2764 TD 0.0147 Tc 0.0022 Tw [(of more than one-third of the v)20.2(oting po)27.7(wer at their general mee)]TJ 26.2029 0 TD (tings, hold approximately one-third of the issued)Tj -26.2029 -1.2709 TD 0.0152 Tc 0.0026 Tw [(share capital of Cheung K)37.2(ong \(Holdings\) Limited.)]TJ 0 -2.5473 TD 0.0147 Tc 0.0024 Tw [(In addition, Li Ka-Shing Unity Holdings Limited also o)31.1(wns the e)]TJ 27.0034 0 TD (ntire issued share capital of Li Ka-Shing Unity)Tj -27.0034 -1.2709 TD 0.0137 Tc 0.0002 Tw [(T)30.2(rustee Corporation Limited which as trustee of The Li Ka-Shing)]TJ 27.1385 0 TD [( Unity Discretionary T)43.1(rust, holds a majority of)]TJ -27.1385 -1.2709 TD 0.0150 Tc 0.0031 Tw [(units in The Li Ka-Shing Unity T)38(rust.)]TJ ET endstream endobj 33 0 obj << /ProcSet [/PDF /Text ] /Font << /F1 7 0 R /F2 8 0 R /F3 9 0 R >> /ExtGState << /GS2 11 0 R >> >> endobj 35 0 obj << /Length 1524 >> stream BT /F1 1 Tf 12 0 0 12 315.26 64.48 Tm 0.000 0.000 0.000 1.000 k /GS2 gs 0.0096 Tc 0.0049 Tw (?8 ?Tj 11 0 0 11 64.22 840.8201 Tm 0.0180 Tc 0.0092 Tw [(Other than disclosed abo)16.5(v)16.2(e, the Compan)13.8(y has not been notif)21.2(ied o)]TJ 27.2385 0 TD [(f an)19.4(y other interest representing 10% or more of the)]TJ -27.2385 -1.2709 TD 0.0150 Tc 0.0031 Tw [(Compan)15.5(y?55.8(s issued share capital as at 31 March 2003.)]TJ /F2 1 Tf 12 0 0 12 64.22 798.8201 Tm 0.0121 Tc 0.0027 Tw [(PURCHASE, SALE OR REDEMPTION OF THE COMP)78.7(ANY’S LISTED SECURITIES)]TJ /F1 1 Tf 0 -2.33 TD 0.0128 Tc 0.0045 Tw [(During the three months period under re)30.3(vie)25.4(w)64.8(,)0( neither the Compan)]TJ 27.15 0 TD [(y nor an)13.6(y of its subsidiaries has purchased,)]TJ -27.15 -1.17 TD 0.0121 Tc 0.0028 Tw [(sold or redeemed an)13.6(y of the Compan)18.4(y?57.2(s listed securities.)]TJ 30.805 -2.33 TD 0.0118 Tc 0.0034 Tw (By Order of the Board)Tj /F2 1 Tf -1.1 -1.17 TD 0.0032 Tw [(Zee Chan Mei Chu, P)17.5(eggy)]TJ /F3 1 Tf 3.655 -1.165 TD 0.0123 Tc 0.0000 Tw (Chairman)Tj /F1 1 Tf -33.36 -2.335 TD 0.0118 Tc 0.0034 Tw [(Hong K)38.4(ong, 12 May 2003)]TJ /F3 1 Tf 0 -2.33 TD 0.0206 Tc 0.0205 Tw [(This announcement will r)41.4(emain on the “Latest Company Announceme)]TJ 29.5318 0 TD [(nts?pa)9.6(g)10.6(e)0( of the GEM website for at)]TJ -29.5318 -1.17 TD 0.0120 Tc 0.0032 Tw [(least se)15.9(ven days fr)46(om the date of its posting and on the websit)]TJ 25.452 0 TD [(e of the Company at www)79(.)0(e)18(xcel.com.hk.)]TJ ET endstream endobj 36 0 obj << /ProcSet [/PDF /Text ] /Font << /F1 7 0 R /F2 8 0 R /F3 9 0 R >> /ExtGState << /GS2 11 0 R >> >> endobj 11 0 obj << /Type /ExtGState /SA false /SM 0.02 /OP true /op true /OPM 1 /BG2 /Default /UCR2 /Default >> endobj 12 0 obj << /Type /ExtGState /SA false /SM 0.02 /OP false /op false /OPM 1 /BG2 /Default /UCR2 /Default >> endobj 37 0 obj << /Type /FontDescriptor /Ascent 752 /CapHeight 737 /Descent -271 /Flags 6 /FontBBox [-152 -244 981 872] /FontName /GCPDIK+MSung-Xbold /ItalicAngle 0 /StemV 58 /XHeight 553 /CIDSet 38 0 R /FontFile3 39 0 R >> endobj 38 0 obj << /Filter /FlateDecode /Length 67 >> stream HČbd@?T∑šńŮĶÁĺļ