Directors'/Chief Executives' Notifications Report

Securities (Disclosure of Interests) Daily Summaries

SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES PRINTED: 07/12/99 PAGE: 1
DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - A
(ACTUAL TRANSACTIONS)

STOCK NAME : Daido Concrete (0544)

STOCK NAME : Golik Holding (1118)

STOCK NAME : High Fashion (0608)

Director/Chief Executive Class Company Name Tran. Date Present Bal. Previous Bal. A/D Consideration
------------------------------------ --------------------- ------------------------------- ---------- --------------- --------------- --- -------------
WONG SHING LOONG RAYMOND ORD HIGH FASHION INTERNATIONAL LTD- 29/11/99 1,520,000 1,420,000 A 0.920
.

ORD HIGH FASHION INTERNATIONAL LTD- 29/11/99 1,620,000 1,520,000 A 0.930
.

ORD HIGH FASHION INTERNATIONAL LTD- 30/11/99 1,720,000 1,620,000 A 0.900
.

ORD HIGH FASHION INTERNATIONAL LTD- 30/11/99 1,820,000 1,720,000 A 0.910
.

STOCK NAME : Kowloon Dev (0034)

Director/Chief Executive Class Company Name Tran. Date Present Bal. Previous Bal. A/D Consideration
------------------------------------ --------------------- ------------------------------- ---------- --------------- --------------- --- -------------
NG SIU CHAN ORD KOWLOON DEVELOPMENT CO LTD 29/11/99 73,688,550 73,186,550 A 3.475 N5
SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES PRINTED: 07/12/99 PAGE: 2
DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - A
(ACTUAL TRANSACTIONS)

STOCK NAME : Kowloon Dev (0034)

STOCK NAME : Luks Industrial (0366)

STOCK NAME : Manulife (0945)

STOCK NAME : Mui Hong Kong (0542)

ORD MUI HONG KONG LTD 01/12/99 635,507 1,135,507 D 0.086

WAR MUI HONG KONG LTD / / 71,252 71,252 0.000

ORD UNITFIRST INVESTMENTS LTD / / 500 500 0.000
SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES PRINTED: 07/12/99 PAGE: 3
DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - A
(ACTUAL TRANSACTIONS)

STOCK NAME : Perfect Trea (1105)

HO PUI KUN BACON ORD PERFECT TREASURE HOLDINGS LTD 29/11/99 4,500,000 4,000,000 A 0.830 N2

WONG SHU YUI ORD PERFECT TREASURE HOLDINGS LTD 30/11/99 113,005,000 111,755,000 A 0.830 N2

WONG MUNG YIU CLARE ORD PERFECT TREASURE HOLDINGS LTD 30/11/99 5,550,000 5,100,000 A 0.830 N2

STOCK NAME : Singamas Cont (0716)

STOCK NAME : Takson Holdings (0918)

WONG TEK SUN TAKSON ORD TAKSON HOLDINGS LTD 30/11/99 238,618,000 238,608,000 A 1.000

STOCK NAME : Vanda Systems (0757)

Director/Chief Executive Class Company Name Tran. Date Present Bal. Previous Bal. A/D Consideration
------------------------------------ --------------------- ------------------------------- ---------- --------------- --------------- --- -------------
WANG GUANGDI ORD VANDA SYSTEMS & COMMUNICATION - 03/12/99 250,000 750,000 D 2.475
HOLDINGS LTD
SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES PRINTED: 07/12/99 PAGE: 4
DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - A
(ACTUAL TRANSACTIONS)

STOCK NAME : Vanda Systems (0757)

Director/Chief Executive Class Company Name Tran. Date Present Bal. Previous Bal. A/D Consideration
------------------------------------ --------------------- ------------------------------- ---------- --------------- --------------- --- -------------
CHEUNG KAM FOO ORD VANDA SYSTEMS & COMMUNICATIONS- 03/12/99 9,600,000 9,750,000 D 2.500
HOLDINGS LTD

***** END OF REPORT *****

NOTES:

N1 Pacific Century Regional Developments Limited ("PCRD") exercised its
conversion right attached to the convertible bond and converted an
amount of HK$78,000,000 into 251,612,903 shares in the Company.
On 29 November 1999, the Company allotted 251,612,903 shares to
PCRD and after the conversion of the convertible bond, PCRD holds
4,654,838,903 shares in the Company.

N2 Exercise of share options

N3 154,200,000 shares pledged to a finance company for a short term loan
for personal use where the mortgaged shares' beneficial interest will
not be changed.

N4 Release of pledged shares as security for a loan.

N5 Acquisitions were made from 29/11/99 to 02/12/99 at prices ranging
from $3.20 to $3.60 per share.

N6 Consideration per unit : $1.18 - $1.24

N7 SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES
SUBSTANTIAL SHAREHOLDERS' NOTIFICATIONS REPORT

Stock Name: Manulife Financial Corporation (stock code: 945)
*ISC as at 06/12/99 : 500,397,825

The Securities and Futures Commission has granted Manulife Financial
Corporation ("MFC") a partial exemption from compliance with the
Securities (Disclosure of Interests) Ordinance pursuant to guidelines
published under section 2A of the Ordinance. Under the partial
exemption, MFC is not required to prepare registers, maintain records
or file, and MFC's corporate insiders are not required to file, with
Hong Kong regulatory authorities disclosure of interest reports
pursuant to the Ordinance on the condition that MFC will file with
the SEHK disclosures of interests made in Canada and the U.S. where
it maintains primary listings.

1. Under Canadian law, 10% shareholders of MFC have to file reports to
the Ontario Securities Commission ("OSC"). Reports made by 10%
shareholders, if any, can be found in OSC website www.sedar.com.
MFC has agreed to monitor the OSC Weekly Bulletin and Insider Early
Warning Report Press Releases every two weeks and if any reports by
or concerning 10% shareholders and filed, MFC will provide a hard
copy to the SEHK for inspection by the Hong Kong public. So far,
the SEHK has not received any such reports from MFC.

2. Under U.S. law, 5% shareholders of MFC have to file reports to the
U.S. Securities and Exchange Commission ("SEC") pursuant to Schedule
13G/13D of the Securities and Exchange Act 1934 of the United States.
Up-to-date reports made by 5% shareholders, if any, can be found in
SEC website at www.sec.gov. MFC has agreed to monitor the SEC
website every two weeks and if any reports on 5% shareholders are
filed, MFC will provide a hard copy to the SEHK for inspection by
the Hong Kong public. So far, the SEHK has not received any such
reports from MFC.

3. Hard copies of filings or reports provided by MFC under paragraphs 1
and 2 above (if any) are available for inspection at the SEHK's
office at UG/F, V-Heun Building, 128-140 Queen's Road Central,
Hong Kong, and upon request in writing to MFC at MFC's office at
Manulife Plaza, The Lee Gardens, 48th Floor, 33 Hysan Avenue,
Causeway Bay, Hong Kong. For enquiries or arrangements regarding
inspection at the SEHK please contact the SEHK SDI Unit (Miss Chin
(2840-3707) or Miss Tsui (2840-3769)).

* ISC refers to the latest Issued Share Capital of the listed company
recorded by the Exchange as at the date of this summaries. It might
not promptly reflect changes caused by share placements, rights issue,
bonus issue, etc. Readers should exercise caution when using these
figures.

N8 SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES
DIRECTORS' AND CHIEF EXECUTIVES' NOTIFICATIONS REPORT

Stock Name: Manulife Financial Corporation (stock code: 945)
*ISC as at 06/12/99 : 500,397,825

1. Under Canadian law, "insiders" including directors of MFC have
to file reports to the Ontario Securities Commission ("OSC")
in Form 55 pursuant to the Ontario Securities Act. MFC has agreed
to provide Forms 55 filed by MFC in Canada to the SEHK at the same
time as they are filed in Canada. No Form 55 filings have been
made by MFC today.

2. MFC is presently a "foreign private issuer" under U.S. law. As
such, no directors of MFC are required to make any disclosure of
interests filings under the Securities Exchange Act 1934 of the
United States.