FORM 3
U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f)
of the Investment Company Act of 1940
<TABLE>
<S> <C> <C>
- ---------------------------------------- ------------------------------- -------------------------------------------------------
1.Name and Address of Reporting Person* 2. Date of Event Requiring 4. Issuer Name and Ticker or Trading Symbol
Statement (Month/Day/Year)
Ho Harry H 12/01/97 China Continental, Inc. ("CHCL")
- ---------------------------------------- ------------------------------- -------------------------------------------------------
(Last) (First) (Middle) 3. IRS or Social Security 5. Relationship of Reporting 6. If Amendment, Date
Number of Reporting Person Person to Issuer of Original
(Voluntary) (Check all applicable) (Month/Day/Year)
X Director X 10% Owner
--- ---
X Officer (give __ Other (specify
--- title below) below)
Chairman & CEO
1801-1806 Hua Qin International Building ----------------------
- ------------------------------------------------ ---------------------------------- ----------------------------------- ----------
(Street) 7. Individual or Joint / Group Filing (Check
applicable line)
___ Form filed by One Reporting Person
X Form filed by More than One Reporting Person
340 Queens Road Central, Hong Kong ---
- ----------------------------------------------------------------------------------------------------------------------- ----------
(City) (State) (Zip)
- ----------------------------------------------------------------------------------------------------------------------------------
Table I - Non-Derivative Securities Beneficially Owned
- ------------------------------------------------ ---------------------------------- ----------------------------------- ------------
1. Title of Security 2. Amount of Securities 3. Ownership Form: Direct (D) or 4. Nature of Indirect Beneficial
(Instr.4) Beneficially Owned (Instr.4) Indirect (I) (Instr. 5) Ownership (Instr.4)
- ------------------------- ------------------------------ ------------------------------- ----------------------------------------
Common Stock 18,190,000 I By Allington International, Inc.
- ------------------------- ------------------------------ ------------------------------- ----------------------------------------
Common Stock 9,100,000 I By contract for purchase with Chan Kwai
Chui
- ------------------------- ------------------------------ ------------------------------- ----------------------------------------
Common Stock 1,500,000 I By Hua Tuo Herbal Products Manufacturing
Pte. Ltd.
- ------------------------- ------------------------------ ------------------------------- ----------------------------------------
Common Stock 9,990,000 I By Megaway Resort Development Limited
- ------------------------- ------------------------------ ------------------------------- ----------------------------------------
</TABLE>
* If the Form if filed by more than one Reporting Person, see Instruction 5(b)
(v). Reminder. Report on a separate line for each class of securities
beneficially owned directly or indirectly.
(Print or Type Response)
<PAGE>
<TABLE>
Form 3 (continued) Table II - Derivative Securities Beneficially Owned (e.g. puts, calls, warrants, options,
convertibles securities)
<S> <C> <C> <C> <C> <C>
- --------------------- --------------------- ------------------------- ----------------- --------------- --------------------
1.Title of 2. Date Exercisable 3. Title and Amount of 4. Conversion or 5. Ownership 6. Nature of
Derivative and Expiration Securities Underlying Exercise Price Form of Indirect
Security (Instr.4) Date Derivative Security of Derivative Derivative Beneficial
(Month/Day/Year) (Instr. 4) Security Security: Ownership
Direct (D) or
Indirect (I)
(Instr. 5)
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- ----------------------------- ----------- -------------- ------------------------ ----------- ----------------------- --------------
- ----------------------------- ----------- -------------- ------------------------ ----------- ----------------------- --------------
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</TABLE>
Explanation of Responses:
** Intentional misstatements or omissions of facts constitute Federal
Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff (a).
----------------------------- ------
Signature of Reporting Person Date
Harry H. Ho
Note. File three copies of this form, one of which must be manually signed. If
space provided is insufficient. See Instruction 6 for procedure. Additional
signature pages attached
(Print or Type Responses)
<PAGE>
FORM 3 (continued)
Additional Signatures:
1. Name and Address: Allington International, Inc.
1801-1806 Hua Qin International Building
340 Queen's Road Central
Hong Kong
2. Date of Event Requiring Statement: 12/01/97
3. IRS or Social Security Number: None
4. Issuer Name and Trading Symbol: China Continental - "CHCL"
5. Relationship of Reporting Person to Issuer: 10% owner
6. If Amendment, Date of Original:
7. Individual or Joint/Group Filing: Form filed by more than one
reporting person
Allington International, Inc.
By:
---------------------------
Title:
------------------------
<PAGE>
FORM 3 (continued)
1. Name and address: Hua Tuo Herbal Products Manufacturing Pte, Ltd.
1801-1806 Hua Qin International Building
340 Queen's Road Central
Hong Kong
2. Date of Event Requiring Statement: 12/01/97
3. IRS or Social Security Number: None
4. Issuer Name and Trading Symbol: China Continental - "CHCL"
5. Relationship of Reporting Person to Issuer: 10% owner
6. If Amendment, Date of Original:
7. Individual or Joint/Group Filing: Form filed by more than one
reporting person
Hua Tuo Herbal Products Manufacturing Pte, Ltd.
By:
------------------------------------
Title:
---------------------------------
<PAGE>
FORM 3 (continued)
1. Name and Address: Megaway Resort Development Limited
1801-1806 Hua Qin International Building
340 Queen's Road Central
Hong Kong
2. Date of Event Requiring Statement:12/01/97
3. IRS or Social Security Number: None
4. Issuer Name and Trading Symbol: China Continental - "CHCL"
5. Relationship of Reporting Person to Issuer: in association with
Harry H. Ho, 10% owner
6. If Amendment, Date of Original:
7. Individual or Joint/Group Filing: Form filed by more than one
reporting person
Megaway Resort Development Limited
By:
-------------------------------
Title:
----------------------------
<PAGE>
FORM 3 (continued)
1. Name and Address: Chan Kwai Chiu
1801-1806 Hua Qin International Building
340 Queen's Road Central
Hong Kong
2. Date of Event Requiring Statement: 12/01/97
3. IRS or Social Security Number: None
4. Issuer Name and Trading Symbol: China Continental - "CHCL"
5. Relationship of Reporting Person to Issuer: in association with
Harry H. Ho, 10% owner
6. If Amendment, Date of Original:
7. Individual or Joint/Group Filing: Form filed by more than one
reporting person
--------------------------------------
By:
-----------------------------------
Through Stock Power, a copy of which
is attached
