Notes to Fina - 星島新聞集團

ncial Statements
11. FIVE HIGHEST PAID EMPLOYEES (continued)
11.
The number of non-director, highest paid employees
whose remuneration fell within the following bands is
as follows:
Number of employees
Period from
Year ended 1 April 2001 to
31 December 31 December
2002 2001
HK$2,500,001 to HK$3,000,000 2,500,001 3,000,000 — 1
HK$3,500,001 to HK$4,000,000 3,500,001 4,000,000 1 —
HK$4,000,001 to HK$4,500,000 4,000,001 4,500,000 — 1
HK$6,500,001 to HK$7,000,000 6,500,001 7,000,000 — 1
During the period ended 31 December 2001, 4,000,000
share options of Sing Tao Holdings Limited, were granted
to the three non-director, highest paid employees in
respect of their services to the Group. No value in
respect of the share options granted during the period
was included in the employees’ remuneration or charged
to the profit and loss account because in the absence
of a readily available market value of these share
options, the directors were unable to arrive at an
assessment of the value of these share options.
Sing Tao Holdings Limited
4,000,000
Global China Group Holdings Limited Annual Report 2002
97