FORM 4
/ /		Check box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).		U.S. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP 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

Name and Address of Reporting Person*

Issuer Name and Ticker or Trading Symbol

Relationship of Reporting Person to issuer
(Check all Applicable)

Ching Lung Po

Asia Fiber Holdings Limited — AFBR

X Director
X Officer (give title) below)

X 10% Other
Other (specify below)

(Last)

(First)

(Middle)

IRS or Social Security Number of Reporting Person

Statement for Month/Year

Room 2105, West Tower, Shun Tak Centre
168-200 Connaught Road Central

(Voluntary)

June 2001

Chairman

(Street)

If Amendment, Date of Original (Month/Year)

Individual or Joint/Group Filing
(check applicable line)

Hong Kong

Form filed by One Reporting Person

Form filed by More than One Reporting Person

(City)

(State)

(Zip)

Table I — Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

Title of Security
(Inst. 3)

Transaction Date (Month/ Day/ Year)

Transaction Code (Inst. 8)

4. Securities Acquired (A) or Disposed of (D)
(Inst. 3, 4 and 5)

Amount of Securities Beneficially Owned at End of Month (Inst. 3 and 4)

Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)

Nature of Indirect Beneficial Ownership
(Instr. 4)*

Amount

(A) or (D)

Price

Common Stock

6/12/01

560,000

US $896,000

2,642,629

*: If the form is filed by more than one reporting person, see Instruction 4(b)(v)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly (Print or Type Response)

FORM 4 (continued)

Table II—Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

Title of Derivative Security (Instr. 3)

Conversion or Exercise Price of Derivative Security

Transaction Date (Month/ Day/ Year)

Transaction Code (Instr. 8)

Number of Derivative Securities Acquired (A) or Disposed of (D) of (Instr. 3, 4, and 5)

Date Exercisable and Expiration Date (Month/ Day/ Year)

Title and Amount of Underlying Securities (Instr. 3 and 4)

Price of Derivative Security (Instr. 5)

Number of Derivative Securities Beneficially Owned at End of Month (Instr. 4)

10.

Ownership of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11.

Nature of Indirect Beneficial Ownership (Instr. 4)

Code

(A)

(D)

Date Exer-
cisable

Expiration Date

Title

Amount or Number of Shares

Explanation of Responses:
* Mr. Ching is a 70% owner of Megastone Development Limited, the record owner of the shares

/s/ Ching Lung Po
Ching Lung Po
** Signature of Reporting Person

July 3, 2001
Date

**Intentional misstatements or omissions of facts constitute Federal Criminal Violations.

See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form one of which must be manually signed. If space provided is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number

ASIA FIBER HOLDINGS LTD 4