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Report of the Directors

DIRECTORS’ AND CHIEF EXECUTIVES’ INTERESTS AND SHORT POSITIONS IN THE SHARES,
UNDERLYING SHARES AND DEBENTURES OF THE COMPANY OR ANY ASSOCIATED
CORPORATION

(a) Long positions in ordinary shares of HK$0.10 each of the Company

As at 31st March 2017, the interests and short positions of each director and chief executives of
the Company in the shares, underlying shares and debentures of the Company and its associated
corporations (within the meaning of the Securities and Futures Ordinance (“SFO”)), as recorded in the
register required to be kept by the Company under Section 352 of Part XV of the SFO or otherwise
notified to the Company and The Stock Exchange of Hong Kong Limited (the “Stock Exchange”)
pursuant to the Model Code for Securities Transactions by Directors of Listed Issuers (the “Model
Code”) were as follows:

Percentage of
the issued
Number of shares held share capital
Personal Corporate of the
interest interest Total Company
Mr LEUNG Kai Ching, Kimen 20,150,000 225,911,400 246,061,400 42.47%
(Note)

Mr LEUNG Wai Sing, Wilson 47,072,000 – 47,072,000 8.12%

Mr LEUNG, Jimmy 1,144,000 – 1,144,000 0.20%

Mr LI Wah Ming 260,000 – 260,000 0.04%

Note:

These shares were owned by Shundean Investments Limited, a company incorporated in the British Virgin Islands with limited liability, of
which Mr LEUNG Kai Ching, Kimen is the sole shareholder.

ALCO HOLDINGS LIMITED ANNUAL REPORT 2017 35