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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported) June 30, 1998
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China Pacific, Inc.
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(Exact Name of Registrant as Specified in Charter)
Nevada
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(State or Other Jurisdiction of Incorporation)
0-26232 87-0429945
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(Commission File Number) (IRS Employer Identification No.)
Room 2008, Sun Hung Kai Centre, 30 Harbour Road, Wanchai, Hong Kong
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code 852 2802 3068
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(Former Name or Former Address, if Changed Since Last Report)
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ITEM 5. OTHER EVENTS.
On June 30, 1998, Mr. Clement Mak Shiu Tong resigned from his positions
as Chief Executive Officer and Chairman of the Board of Directors of China
Pacific, Inc. (the "Company"), in order to pursue other interests. Ms. Flora
Yuk-Ching Cheng has been named as interim Chief Executive Officer of the Company
by the Board of Directors.
ITEM 7. EXHIBITS.
Press release dated July 6, 1998.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
China Pacific, Inc.
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(Registrant)
Date July 7, 1998 By: /s/ Cheng Yuk Ching, Flora
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Cheng Yuk Ching, Flora
Chief Executive Officer,
Vice President and Secretary
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EXHIBIT INDEX
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Exhibit No. Description
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<S> <C>
99.A Press Release
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Exhibit to Form 8-K Exhibit 99.A
CHINA PACIFIC ANNOUNCES INTERIM CEO
China Pacific, Inc. (Nasdaq-SmallCap -CHNA, Date: July 6, 1998) today
reported that, effective June 30, 1998, Mr. Clement Mak resigned from his
positions as Chairman of the Board of Directors and Chief Executive Officer of
the Company, in order to pursue other interests.
The Company further announced that Ms. Flora Yuk-Ching Cheng has been
named by the Board of Directors as the Company's interim Chief Executive
Officer, effective immediately. Ms. Cheng has served as Vice President,
Secretary and a director of the Company since the Company's acquisition of China
Pacific Construction in May 1994. Previously, Ms. Cheng served as Vice
President, Secretary and a director of Kiu Yin Investment Co., Ltd. from 1984 to
1996.
China Pacific, Inc. is a leading producer of steel and iron products in
Sichuan Province, the People's Republic of China, through its majority interest
in Chengdu Chengkang Iron and Steel.
Additional corporate information and press releases are available at the
Company's web site www.chinapacific.com,or contact:
China Pacific, Inc. - Los Angeles, CA office,
Tel: (562) 433-1882
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