<DOCUMENT>
<TYPE>EX-21.1
<SEQUENCE>9
<FILENAME>subsidiaries.txt
<DESCRIPTION>SUBSIDIARIES
<TEXT>
                                                                    Exhibit 21.1

                              LIST OF SUBSIDIARIES

                                      Country of              Percentage
Name                                  Incorporation           Owned
----                                  -------------           -----
International SMC (HK) Limited        Hong Kong               100%

</TEXT>
</DOCUMENT>
