SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES - (GEM)                         PRINTED: 07/10/02  PAGE:   1
                                                        DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - B
                                                            (GRANTS, ASSIGNMENTS AND EXERCISES OF RIGHTS)

 STOCK NAME : Grandy Enviro                  (08143)

       Director/Chief Executive        G/E     Class                 Company Name                 Quantity       Exercise Period   Ex. Price  Consideration       Note
 ------------------------------------  --- ---------------  -------------------------------  ------------------  ---------------  ---------- ---------------  -----------
 KONG LI SZU                            G  OPT              KONG SUN HOLDINGS LTD                  22,760,695    090102-310506        0.180                1             

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

NOTES


N1      Consideration per unit: $0.245 - $0.249       

N2      Consideration per unit: $0.248 - $0.249