CHAN CLARENCE SAI YEE 4
4 · CHINA WORLD TRADE CORP · Filed Oct 31, 2003
Insider Transaction Report
Form 4
CHAN CLARENCE SAI YEE
10% Owner
Transactions
- Sale
Common Stock
2003-10-29$0.40/sh−1,000,000$400,000→ 0 total(indirect: not applicable) - Sale
Warrant
2003-10-29−1→ 0 total(indirect: not applicable)Exercise: $0.57From: 2003-01-24Exp: 2005-01-24→ Common Stock (2,000,000 underlying)
Footnotes (2)
- [F1]The reporting person owned the common shres and warrants indirectly pursuant to his 50% ownership in the share capital of Powertronic Holdings Limited ("Powertronic"), and disclaimed beneficial ownership of 1,000,000 common stock and 2,000,000 warrants indirectly owned by the other shareholders of Powertronic.
- [F2]The reporting person has sold all his interest in Powertronic and resigned his position as a dirctor of Powertronic's.