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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 30th September 2015, the interests and short positions of each director and chief
           executives  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   20,152,000  225,911,400  246,063,400  42.47%
                                                     (note)
           Mr LEUNG Wai Sing, Wilson   46,320,000       –    46,320,000     7.99%

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

           Mr KUOK Kun Man, Andrew       752,000        –      752,000      0.13%

           Mr LI Wah Ming, Fred          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 was the sole
           shareholder.

       (b)  Long positions in underlying shares of the Company
           At no time during the period was the Company or any of its subsidiaries a party to
           any arrangements to enable the directors or the chief executives or their spouses or
           children under 18 years of age to acquire benefits by means of acquisition of shares in,
           or debentures of, the Company or any other body corporate.







       18     ALCO HOLDINGS LIMITED  Interim Report 2015
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