<DOCUMENT>
<TYPE>EX-21.1
<SEQUENCE>6
<FILENAME>listofsubsidiaries.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>
