Hong Kong Exchanges and Clearing Limited

FORM 3A - Director's/Chief Executive's Notice - Interests in Shares of Listed Corporation

Form Serial No:

DA20070109000101

1. Name of listed corporation:

Neo-Neon Holdings Ltd.

2. Stock code:

01868

3. Class of shares:

Ordinary Shares

4. Number of issued shares in class:

760,000,000

5. Name of director (English) as printed on HKID/Passport:

(Surname)	Leong
(Other names)	Ka Cheong Christopher

8. Name of director (Chinese):

梁家鏘

9. Chinese Character Code:

12. Date of relevant event:

05/01/2007
(dd/mm/yyyy)

13. Date when director became aware of the relevant event/ interest in the shares (if later):


14. Details of relevant event:
	Relevant event code describing circumstances	Code describing capacity in which shares were/are held		Number of shares bought/sold or involved	Currency of transaction	On Exchange		Off Exchange
	Relevant event code describing circumstances	Before relevant event	After relevant event	Number of shares bought/sold or involved	Currency of transaction	Highest price per share	Average price per share	Average consideration per share	Consideration code
Long position	136	205	205	16,200,000	HKD			6.900	301
Short position	132	205	205	16,200,000

15. Total shares in listed corporation immediately before the relevant event:

	Total number of shares	Percentage figure (%)
Long Position	80,460,000	10.60
Short Position	16,200,000	2.13

16. Total shares in listed corporation immediately after the relevant event:

	Total number of shares	Percentage figure (%)
Long Position	64,260,000	8.46

17. Capacity in which interests disclosed in Box 16 are held (required for Initial Notification only):

Code describing capacity	Number of shares
Nil

18. Further information in respect of derivative interests in listed corporation:

Code describing derivatives

Exercise period

Consideration - if derivatives granted by listed corporation

Number of shares

		Begins	Ends	Price for grant	Exercise price	Price on assignment
Nil

19. Further information in relation to interests of children under 18 and/or spouse:

Name of child/spouse	Number of shares
Nil

20. Further information in relation to interests of corporations controlled by Director:

Name of controlled corporation

Address and place of incorporation

Name of controlling shareholder

% control

Direct interest

Number of shares

Valewater Holdings Limited

The offices of Offshore Incorporations Limited, P.O. Box 957, Offshore Incorporations Centre, Road Town, Tortola, British Virgin Islands (British Virgin Islands)

Transpac Capital Pte Limited

100.00

Long position	64,260,000
Short position	0

Transpac Capital Pte Ltd.

#31-01 Bank of China Building, Singapore 049908

Bastion Associates Limited

71.00

Long position	64,260,000
Short position	0

Bastion Associates Limited

P.O. Box 71, Craigmuir Chambers, Road Town, Tortola, British Virgin Islands

Leong Ka Cheong Christopher

47.10

Long position	64,260,000
Short position	0

21. Further information in relation to interests held by Director jointly with another person:

Name of joint shareholder	Address	Number of shares
Nil

22. Further information from a director who is a trustee, or beneficiary of a trust, or a person who has set up a Discretionary Trust:

Names of Trust	Address	Status code	Number of shares
Nil

23. Further information from a party to an agreement under Section 317:

Names of other parties	Address	Number of shares
Nil

Total number of shares in which substantial shareholder is interested under section 317 and 318:

24. Date of filing this Form 3A:

08/01/2007
(dd/mm/yyyy)

26. Number of attachments: