In the current year,the company has adopted the HK INTERPRETATION 5 ”PRESENTATION OF FINANCIAL STATEMENTS-CLASSIFICATION BY THE BORROWER OF A term loan that contains a repayment on demand clause” (“HK-Int 5”) issued by the hk institute of certified public accounts as indicated in note 1 for the first time. The presentation in the current year’s financial statements has been modified in order to conform to the requirements of those standards