Decisions of Administrative or Quasi-judicial Agencies - Merger(Approval)-1996

1. Tailian International Investment Co., Ltd. ["Tailian"], Lianchu International Investment Co., Ltd. ["Lianchu"], USI Far East Corporation ["USI"]and Union Petrochemical Corp. ["UPC"] applied for permission for making direct and indirect acquisition of Feikuiya (Bermuda) Co., Ltd.'s holdings of stocks of Asia Polymer Corporation ["APC"], Huahsia Bay Co., Ltd. ["Huahsia"], and Taita Chemical Co., Ltd ["Taita"]

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