1996 — Page 129

11

INTEREST IN ASSOCIATED COMPANIES

The Group

The Company

1996

1996

1995

HK$'000

HK$'000

HK$'000

Unlisted shares, at cost

Share of net assets

100

(9)

(9)

100

Amounts due from/(to) associated companies

51

(19)

42

81

Details of the associated companies, both of which are incorporated in Hong Kong, are as follows:

Name of company

Dragon Pioneer International Limited

Art East Limited

Percentage of ordinary

shares held

Principal activity

40%

Dormant

50%

Provision of cross border

56

56

shuttle bus services

between Lok Ma Chau

(Hong Kong) and

Huanggang (Shenzhen)