CHINA WORLD TRADE CORP 4
4 · CHINA WORLD TRADE CORP · Filed Dec 16, 2004
Insider Transaction Report
Form 4
TAO WENDY SIU PING CHOI
10% Owner
Transactions
- Exercise of In-Money
Common Stock
[F1][F2]2004-12-15$0.57/sh+1,574,074$905,093→ 5,574,074 total(indirect: Ideal Trade Investments Limited) - Exercise of In-Money
Warrants
[F1]2004-12-15$0.57/sh+2,000,000$1,150,000→ 0 totalExercise: $0.57From: 2003-01-24Exp: 2004-12-17→ Common Stock (2,000,000 underlying)
Footnotes (2)
- [F1]Exercised on a cashless basis in accordance with the terms of the warrants based on an exercise price of $0.575 per share.
- [F2]Wendy Siu Ping Choi Tao is the owner of all of the issued and outstanding shares of Ideal Trade Investments Limited which in turn is the owner of all of the issued and outstanding shares of Powertronic Holdings Limited, the direct holder of the shares.
Signature
/s/ Wendy Siu Ping Choi Tao|2004-12-15