BANK OF CREDIT AND COMMERCE

HON

XONG LIMITED

NOTES TO THE ACCOUNTS

(cor tinued)

5. Investments in Group Companies

Unlisted shares at cos

Details of subsidiarie:) are as follows:

The Bank

1990

HK$000

1989

HK$000

16,761

16,761

52

Country of

Incorporation/

Name

Operation

Principal Activity

Equity Interest in Ordinary Shares

Hong Kong Metropolitan Bank (Nominees) Limited <*

Hong Kong

Nominee Services

100 %

BCCI Finance International

Limited

Họng Xong

Hendawai Company Limited **

Hong Kong

Finance Company Nominee Services

55% 100 %

# BCC) Finance Nominees

Limited **

Hong Kong

Nominee Services

55%

Credit and Commerce Insurance

Service Hong Kong L.mited **

Hong Xong

Insurance Services

100

The group's share of profit for the year, and accumulated reserves of non-consolidated subsidiaries is immaterial to the group.

#Held indirectly

** Subsidiaries not consolidɛted

6. Ordinary Share Capi`al

Authorised

Balance at beginning of Rights issue (Note 8)

year

Issued and paid up

t

S660 SP8 ZS8

Number of Shares of HK$5 par value each

HK$000

Amount.

170.000.000

850,000

128.954.807 16.422.115

644.774

92,111

147,376,922

736,

885

(SпOH IND) BODO SWWOO SS:81 60-80-1661

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