<DOCUMENT>
<TYPE>EX-21.1
<SEQUENCE>3
<FILENAME>ex21-1.txt
<DESCRIPTION>LIST OF SUBSIDIARIES
<TEXT>

                                  EXHIBIT 21.1

                              LIST OF SUBSIDIARIES


                                          Country of               Percentage
         Name                             Incorporation            Owned
         ----                             -------------            -----
        International SMC (HK) Limited.    Hong Kong               100%
</TEXT>
</DOCUMENT>
