Peng Chong Wong

The Group's principal activities are distributing and manufacturing of cement and clinker and slag powders. Distribution of ceramic tiles, granite and marble products has been discontinued during the year ended 31st December, 2006. Other activities include provision of management and financing services and investment holding. Operations are carried out in Hong Kong and the People's Republic of China.

Asia Development Capital Co., Ltd. operates as an investment holding company with interest in providing private equity investment and financial businesses. Its services include the investment business, real estate investment business and business advisory services. The company was founded on February 07, 1922 and is headquartered in Tokyo, Japan.

Lianyungang Jiatai Construction Co., Ltd. engages in the urban infrastructure development and construction services. Its business activities include investment, management and operation of healthcare and hospital businesses, wholesale of medical equipment, and property development. The company was founded on April 6, 2006 and is headquartered in Lianyungang, China.