unlisted options

Does anyone know why the company did not advise of a change of directors' interests with regard to lapsing December 2010 unlisted options?

I also note that the former director Siew Hong KOH advised on 2nd November (Appendix 3Y) that he had 10 million unlisted options expiring in December 2010.

But then on 6th December the former director lodged an Appendix 3Y indicating that he still had 10 million unlisted (Director) Options expiring 3/10/2012.

I would like an explanation why the company has not advised of lapsed options and why all of a sudden Siew Hong KOH has unlisted options expiring 3/10/2012.

By the way the options (30 million) were given to the 3 directors (Fung, KOH and Cossari) at the re-instatement for free and have an exercise price of 1.2 cents.

I will be contacting ASIC on Monday to get better clarification.

;)
Nic