Cover
	Characteristics of GEM
	Expected timetable
	Contents
	Summary
	Definitions
	Glossary of terms
	Risk factors
	Waivers
	Information about this prospectus and the Placing
	Directors and parties involved in the Placing
	Corporate information
	Industry overview
	Business
	Part I
	Part II
	Part III
	Year 2000 compliance issue
	Directors, senior management and staff
	Substantial and Management Shareholders
	Share capital
	Financial information
	Future plans and prospects
	Part I
	Part II
	Part III
	Placing structure and expenses
	Sponsor's Interest
	Appendix I : Accountants' report
	Appendix II : Property valuation
	Appendix III : Summary of the constitution of the Company and Bermuda company law
	Appendix IV : Statutory and general information
	Appendix V : Documents delivered and available for inspection

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