SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-KSB

Annual Report Pursuant to Section 13 or 15(d)
of the Securities and Exchange Act of 1934

For the fiscal year ended September 30, 1996. 

Commission File Number                33- 3588-NY 

          TRANSPACIFIC INTERNATIONAL GROUP CORP.           
(Name of Small Business Issuer in Its Charter)

       Nevada                                                             
11-3860760      
(State of Incorporation)                      (IRS Identification Number)

347 Fifth Ave., Suite 1507, New York, NY              10016  
(Address of principal executive offices)                   (Zip Code)

                    (212) 213-6908                                
(Issuer's telephone number, including area code)

Securities registered pursuant to Section 12(b) of the Act:  
None              

Securities registered pursuant to Section 12(g) of the Act:  None

     Check whether the issuer: (1) filed all reports required to be filed by 
Section 13 or 15(d) of the Exchange Act during the preceding 12 months (or for 
such shorter period that the registrant was required to file such reports), 
and (2) has been subject to such filing requirements for the past 90 days.  

Yes   X   No         

     Check if there is no disclosure of delinquent filers in response to Item 
405 of Regulation S-B is not contained in this form, and no disclosure will be 
contained, to the best of registrant's knowledge, in definitive proxy or 
information statements incorporated by reference in Part III of this Form 
10-KSB or any amendment to this Form 10-KSB.          

     State issuer's revenues for its most recent fiscal year.     0    

     The aggregate market value of the voting stock held by non-affiliates of 
the registrant is $97.00.  
     As of September 30, 1996 there were 97,000 shares of the issuer's common 
stock, $.0001 par value per share, issued and outstanding.
TRANSPACIFIC INTERNATIONAL GROUP CORP.
10-KSB
September 30, 1996

PART I


Item 1.  DESCRIPTION OF BUSINESS

     The Company was organized under the laws of the State of Nevada on 
October 9, 1995.  Since inception, the primary activity of the Company has 
been directed to organizational efforts and obtaining initial financing.  The 
Company was formed as a vehicle to pursue a Business Combination.  The Company 
has engaged in preliminary efforts intended to identify possible Business 
Combination, but has neither conducted negotiations concerning, nor entered 
into a letter of intent concerning any such Target Business.

     The Company's initial public offering comprised 3,000 shares of common 
stock (the "Common Stock") at a purchase price of $6.00 per share.  

     The Company was organized for the purposes of creating a corporate 
vehicle to seek, investigate and, if such investigation warrants, engaging in 
Business Combinations presented to it by persons or firms who or which desire 
to employ the Company's funds in their business or to seek the perceived 
advantages of publicly-held corporation.  The Company's principal business 
objective is to seek long-term growth potential in a Business Combination 
venture rather than to seek immediate, short-term earnings.  The Company is 
not restricting its search to any specific business, industry or geographical 
location, and the Company may engage in a Business Combination.     

     The Company has 18 months from its date of effectiveness (February 12, 
1998) to consummate a Business Combination, including the filing of a 
post-effective amendment and shareholder reconfirmation offering.  If a 
consummated Business Combination has not occurred by the date 18 months after 
the effective date of the initial registration statement, the funds held in 
escrow shall be returned by first class mail to the purchasers within five (5) 
business days following that date.

     The Company does not currently engage in any business activities which 
provide any cash flow.  The costs of identifying, investigating, and analyzing 
Business Combinations are being paid with money in the Company's treasury.  
Persons who purchased shares in the Company's initial public offering and 
other shareholders have not had much opportunity to participate in any of 
these decisions.  The Company's proposed business is sometimes referred to as 
a "blank check" company because investors entrust their investment monies to 
the Company's management before they have a chance to analyze any ultimate use 
to which their money may be put.  Although substantially all of the Company's 
initial public offering are intended to be utilized generally to effect a 
Business Combination, such proceeds have not otherwise been designated for any 
specific purposes.  Pursuant to Rule 419, prospective investors who invest in 
the Company will have an opportunity to evaluate the specific merits or risks 
of only the Business Combination management decides to enter into.
TRANSPACIFIC INTERNATIONAL GROUP CORP.
10-KSB
September 30, 1996

     The Company will remain an insignificant player among the firms which 
engage in Business Combinations.  There are many established venture capital 
and financial concerns which have significantly greater financial and 
personnel resources and technical expertise than the Company.  In view of the 
Company's combined limited financial resources and limited management 
availability, the Company will continue to be at a significant competitive 
disadvantage compared to the Company's competitors.  Also, the Company will be 
competing with a large number of other small, blank check public companies 
located throughout the United States.

     Although the Company is subject to regulation under the Securities Act of 
1933 and the Securities Exchange Act of 1934, management believes the Company 
is not subject to regulation under the Investment Company Act of 1940.  The 
regulatory scope of the Investment Company Act of 1940, as amended (the 
"Investment Company Act"), was enacted principally for the purpose of 
regulatory vehicles for pooled investments in securities, extends generally to 
companies primarily in the business of investing, reinvesting, owning, holding 
or trading securities.  The Investment Company Act may, however, also be 
deemed to be applicable to a Company which does not intend to be characterized 
as an Investment Company but which, nevertheless, engages in activities which 
may be deemed to be within the definition of the scope of certain provisions 
of the Investment Company Act.  The Company believes that its principle
activities will not subject it to regulation under the Investment Company 
Act.  Nevertheless, there can be no assurances that the Company will not be 
deemed to be an Investment Company.  Pending utilization of the proceeds from 
the exercise of the Warrants, the funds may be invested primarily in 
certificates of deposit, interest bearing savings accounts or government 
securities.  In the event the Company is deemed to be an Investment Company, 
the Company may be subject to certain restrictions relating to the Company's 
activities, including restrictions on the nature of its investments and the 
issuance of securities. The Company has obtained no formal determination from 
the Securities and Exchange Commission as to the status of the Company under 
the Investment Company Act of 1940.

     The Company intends to structure a merger or acquisition in such a manner 
as to minimize federal and state tax consequences to the Company and any 
target company.

     The Company presently has no employees.  

Item 2.  PROPERTIES

     The Company is presently using the office of David Chang, CPA, Secretary 
of the Company, as its office.  Mr. Chang does not charge the Company for this 
service.  Such arrangement is expected to continue until a Business 
Combination is effected, including effectiveness of a post-effective amendment 
and shareholder reconfirmation.

     The Company at present owns no equipment, and does not intend to own any 
prior to engaging in a Business Combination.  

Item 3.  LEGAL PROCEEDINGS

     The Company is not presently a party to any litigation, nor, to the 
knowledge of management, is any litigation threatened against the Company 
which may materially affect the Company.


Item 4.  SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

     There were no shareholders meeting in the fourth quarter of this fiscal 
year.

Item 5.  MARKET FOR REGISTRANT'S COMMON EQUITY AND RELATED 
       STOCKHOLDER MATTERS                              

     There is no established public trading market for the Company's common 
shares.  As of September 30, 1996, there were 97,000 shares of common stock 
outstanding.  The par value per share is $.0001.  The Company has not paid any 
dividends on its common stock in the past, nor does it foresee paying 
dividends in the near future.  Pursuant to its initial public offering, the 
Company offered 3,000 shares of Common Stock at $6.00 per share.  All 3,000 
shares were sold and, along with the proceeds of that offering,  are presently 
held in escrow pending consummation of a Business Combination.

Item 6.  MANAGEMENT'S PLAN OF OPERATION

     The Company does not currently engage in any business activities which 
provide any cash flow.  The costs of identifying, investigating, and analyzing 
Business Combinations are being paid with money in the Company's treasury, and 
not with proceeds received from the Company's initial public offering.  

     The Company may seek a Business Combination in the form of firms which 
have recently commenced operations, are developing companies in need of 
additional funds for expansion into new products or markets, are seeking to 
develop a new product or service, or are established businesses which may be 
experiencing financial or operating difficulties and are in need of additional 
capital.   A Business Combination may involve the acquisition of, or merger 
with, a Company which does not need substantial additional capital but which 
desires to establish a public trading market for its shares, while avoiding 
what it may deem to be adverse consequences of undertaking a public offering 
itself, such as time delays, significant expense, loss of voting control and 
compliance with various Federal and State securities laws.

     The Company will not acquire a Target Business unless the fair value of 
the Target Business represents 80% of the maximum offering proceeds (the "Fair 
Market Value Test.")  To determine the fair market value of a Target Business, 
the Company's management will examine the certified financial statements 
(including balance sheets and statements of cash flow and stockholders' 
equity) of any candidate and will participate in a personal inspection of any 
potential Target Business.  If the Company determines that the financial 
statements of a proposed Target Business does not clearly indicate that the 
Fair Market Value Test has been satisfied, the Company will obtain an opinion 
from an investment banking firm (which is a member of National Association of 
Securities Dealers, Inc., (the "NASD") with respect to the satisfaction of 
such criteria. 

     Based upon management's experience with and knowledge of blank check 
companies, the probable desire on the part of the owners of target businesses 
to assume voting control over the Company (to avoid tax consequences or to 
have complete authority to manage the business) will almost assure that the 
Company will combine with just one target business.  Management also 
anticipates that upon consummation of a Business Combination, there will be a 
change in control in the Company which will most likely result in the
resignation or removal of the Company's present officers and directors.  

     Management anticipates that it may be able to effect only one potential 
Business Combination, due primarily to the Company's limited financing.  As a 
result, the Company will not be able to offset potential losses from one 
venture against gains from another.

     The Company's selection of a Business Combination will be complex and 
extremely risky.  Because of general economic conditions, rapid technological 
advances being made in some industries, and shortages of available capital, 
management believes that there are numerous firms seeking even the limited 
additional capital which the Company will have and/or the benefits of a 
publicly traded corporation.  Such perceived benefits of a publicly traded 
corporation may include facilitating or improving the terms on which 
additional equity financing may be sought, providing liquidity for the 
principals of a business, creating a means for providing incentive stock 
options or similar benefits to key employees, providing liquidity (subject to 
restrictions of applicable statutes) for all shareholders, and other factors.  
Potentially available Business Combinations may occur in many different 
industries and at various stages of development, all of which will make the 
task of comparative investigation and analysis of such business opportunities 
extremely difficult and complex.

     The analysis of Business Combinations is being undertaken by or under the 
supervision of the officers and directors of the Company, none of whom is a 
professional business analyst.  Management intends to concentrate on 
identifying preliminary prospective Business Combinations which may be brought 
to its attention through present associations.  In analyzing prospective 
Business Combinations, management will consider such matters as the available 
technical, financial, and managerial resources; working capital and other 
financial requirements; history of operation, if any; prospects for the 
future; nature of present and expected competition; the quality and experience 
of management services which may be available and the depth of that 
management; the potential for further research, development, or exploration; 
specific risk factors not now foreseeable but which then may be anticipated to 
impact the proposed activities of the Company; the potential for growth or 
expansion; the potential for profit; the perceived public recognition or 
acceptance or products, services, or trades; name identification; and other 
relevant factors.  Officers and directors of the Company will meet personally 
with management and key personnel of the firm sponsoring the business
opportunity as part of their investigation.  To the extent possible, the 
Company intends to utilize written reports and personal investigation to 
evaluate the above factors.

     In implementing a structure for a particular business acquisition, the 
Company may become a party to a merger, consolidation, reorganization, joint 
venture, or licensing agreement with another corporation or entity.  It may 
also purchase stock or assets of an existing business.

     Management will not actively negotiate or otherwise consent to the 
purchase of any portion of their Common Stock as a condition to or in 
connection with a proposed Business Combination unless such a purchase is 
requested by a Target Company as a condition to a merger or acquisition.  The 
officers and directors of the Company who own Common Stock have agreed to 
comply with this provision which is based on a written agreement among 
management.  Management is unaware of any circumstances under which such 
policy through their own initiative may be changed. 

     It is anticipated that any securities issued in any such reorganization 
would be issued in reliance on exemptions from registration under applicable 
federal and state securities laws.  In some circumstances, however, as a 
negotiated element of this transaction, the Company may agree to register such 
securities either at the time the transaction is consummated, under certain 
conditions, or at specified times thereafter.  The issuance of substantial 
additional securities and their potential sale into any trading market which 
may develop in the Company's Common Stock may have a depressive effect on such 
market.

     As a part of the Company's investigation, officers and directors of the 
Company will meet personally with management and key personnel, visit and 
inspect material facilities, obtain independent analysis or verification of 
certain information provided, check references of management and key 
personnel, and take other reasonable investigative measures, to the extent of 
the Company's limited financial resources and management expertise.

     The manner of the Business Combination will depend on the nature of the 
Target Business, the respective needs and desires of the Company and other 
parties, the management of the Target Business opportunity, and the relative 
negotiating strength of the Company and such other management.

     The Company has no present policy as to whether the Company may acquire 
or merge with a business in which the Company's management, promoters, their 
affiliates or associates have a direct or indirect ownership interest.  The 
Company also lacks a policy with regard to related party transactions in 
general.  The Company's officers and directors have not approached and have 
not been approached by any person or entity with regard to any proposed 
business ventures with respect to the Company.  The Company will evaluate all 
possible Business Combinations brought to it.  If at any time a Business 
Combination is brought to the Company by any of the Company's promoters, 
management, or their affiliates or associates, disclosure as to this fact will 
be included in the post-effective amendment, thereby allowing the public 
investors the opportunity to fully evaluate the Business Combination.

     The Company has adopted a policy that it will not pay a finder's fee to 
any member of management for locating a merger or acquisition candidate.  No 
member of management intends to or may seek and negotiate for the payment of 
finder's fees.  In the event there is a finder's fee, it will be paid at the 
direction of the successor management after a change in management control 
resulting from a Business Combination.  The Company's policy regarding 
finder's fees is based on a written agreement among management.  Management is 
unaware of any circumstances under which such policy through their own 
initiative may be changed. 

     The Company does not intend to advertise or promote the Company.  
Instead, the Company's management will actively search for potential Target 
Businesses.  In the event management decides to advertise (in the form of an 
ad in a legal publication) to attract a Target Business, the cost of such 
advertising will be assumed by management.  Pursuant to a registration 
statement dated August 12, 1996, the Company offered 3,000 shares of common 
stock at $6.00 per share.  All 3,000 shares of common stock were sold and are 
being held in escrow, along with the proceeds of the offering, pending 
consummation of a Business Combination.

<PAGE>TRANSPACIFIC INTERNATIONAL GROUP CORP.
10-KSB
September 30, 1996

Item 7. FINANCIAL STATEMENTS

     TRANSPACIFIC INTERNATIONAL GROUP CORP.
                        (A Development Stage Company)   
AUDITOR'S REPORT ON FINANCIAL STATEMENTS
          For the period from October 9, 1995 (Date of Inception)
          to September 30, 1996

     
     Independent Auditor's Report
     
The Stockholders
     Transpacific International Group, Corp.

     We have audited the accompanying balance sheet of Transpacific 
International Group Corp. (A Development Stage Company) as of September 30, 
1996 and the related statements of operations, retained earnings, and cash 
flows for the period then ended. These financial statements are the 
responsibility of the Company's management. Our responsibility is to express 
an opinion on these financial statements based on our audit.

We conducted our audit in accordance with generally accepted auditing 
standards. Those standards require that we plan and perform the audit to 
obtain reasonable assurance about whether the financial statements are free of 
material misstatement. An audit includes examining, on a test basis, evidence 
supporting the amounts and disclosures in the financial statements. An audit 
also includes assessing the accounting principles used and significant 
estimates made by management as well as evaluating the overall financial 
statement presentation. We believe that our audits provide reasonable basis 
for our opinion.

     In our opinion, the financial statements referred to above present      
fairly, in all material respects, the financial position of Transpacific 
International Group Corp. as of September 30, 1996, and the results of their 
operations and cash flows for the period then ended, in conformity with 
generally accepted accounting principles.


          ---------------------
          German Chacon, CPA 
          December 16, 1996
          New York, N.Y. 10502
AUDITOR'S REPORT ON SUPPLEMENTARY INFORMATION


Our audits of the basic financial statements of Transpacific International 
Group Corp. for the period ending September 30, 1996, were made primarily to 
form an opinion on such financial statements taken as a whole. The 
supplementary information contained in the following pages is presented for 
the purpose of additional analysis and, although not required for a fair 
presentation of financial position, results of operations, and changes in 
financial position, was subjected to the procedures applied in the audits of 
the basic financial statements. In our opinion, the supplementary information 
is fairly presented in all material respects in relation to the basic 
financial statements.

German Chacon, CPA
New York, N.Y.
December 16, 1996          
<PAGE>TRANSPACIFIC INTERNATIONAL GROUP CORP.
(A Development Stage Company)
BALANCE SHEET
AS OF SEPTEMBER 30, 1996


ASSETS

CURRENT ASSETS

Cash                                         2,730
                                                            
     Total Current Assets                    2,730

OTHER ASSETS
Organization costs                               0
Deferred offering costs                          0 
                                                            
     Total Other Assets                          0

               TOTAL ASSETS                  2,730
                                                                   

CURRENT LIABILITIES
Accounts payable                                 0
                                                            
     Total Current Liabilities                   0

STOCKHOLDER'S EQUITY
Common Stock
$.0001 par value, 20 million shares authorized,
$97,000 shares issued and outstanding           10
Paid in Capital (Note 2)                    24,997
Deficit accumulated during
the development stage                      (22,276)
                                                           
                                             2,730

     Total Liabilities and Equity            2,730
                                                           


See accompanying independent accountant's report
and notes to the financial statements

TRANSPACIFIC INTERNATIONAL GROUP CORP.
(A Development Stage Company)
STATEMENT OF OPERATIONS & DEFICIT ACCUMULATED
DURING THE DEVELOPMENT STATE
PERIOD FROM OCTOBER 9, 1995 (Date of Inception)
TO SEPTEMBER 30, 1996

Operating Income:

Revenues                                     0
Interest Income                            189
Cost of revenues                             0
                            
Gross profit                               189

Operating expenses:

General & administrative expenses            0
Professional fees(Schedule 1)               22,465
                                                                 
Operating income (loss)                   (22,276)

Non operating (income) expenses:

Depreciation                                 0
Amortization                                 0
Interest & bank charges                      0
                                                                 
Income (loss) before taxes             (22,276)

Provision for income taxes                   0
                                                                 
Net income (loss)                      (22,276)

Deficit accumulated during development stage
beginning/end                          (22,276)

# of common shares outstanding
from date of inception                  97,000



See accompanying independent accountant's report
and notes to the financial statements


TRANSPACIFIC INTERNATIONAL GROUP CORP.
(A Development Stage Company)
STATEMENT OF CHANGE IN STOCKHOLDERS' EQUITY
PERIOD FROM OCTOBER 9, 1995 (Date of Inception)
TO SEPTEMBER 30, 1996


                                   Common Stock
                                                  Additional     Total
                                                  Paid-in    Stockholders'
                         Shares     Amount        Capital    Equity     

Issuance of common stock
     Nov-29-1995        86,000         9            22,162     22,171

Issuance of common stock
     Nov-29-1995        11,000         1             2,835      2,836
                                                                                
                  
                        97,000        10            24,997     25,007

Deficit accumulated during the
development stage for amounts
applicable to the statement of 
operations                                         (22,276)    (22,276)
                                                                                
             
                        97,000        10             2,721       2,730
                                                                              
                         











          
See accompanying independent accountant's report
and notes to the financial statements
<PAGE>TRANSPACIFIC INTERNATIONAL GROUP CORP.
(A Development Stage Company)
STATEMENT OF CASH FLOWS
PERIOD FROM OCTOBER 9, 1995 (Date of Inception)
TO SEPTEMBER 30, 1996


Operating activities:
Net income (loss)                                       (22,276)
Non cash charges (credit to earnings):
Depreciation and amortization                               0

Changes in operating assets and liabilities:                0
             
Net cash provided (used) in operating activities        (22,276)

Cash provided by (used) in investing activities:
Equity increase (decrease)                              (25,007)
                                                                   
Net cash provided (used) in investing activities        (25,007)

Financing activities:            
Net cash provided (used) in financing activities            0

Net increase (decrease) in cash                             0
Cash at October 9, 1995 (date of inception)                 0
Cash at September 30, 1996                                  0

Supplemental disclosure of cash flow information:
Interest paid, net of amount capitalized0
Income taxes paid                                           0


          








See accompanying independent accountant's report
and notes to the financial statements

TRANSPACIFIC INTERNATIONAL GROUP CORP.
(A Development Stage Company)
NOTES TO THE FINANCIAL STATEMENTS
PERIOD FROM OCTOBER 9, 1995 (Date of Inception)
TO SEPTEMBER 30, 1996

1.NATURE OF THE BUSINESS

Transpacific International Group Corp. (A Development Stage Company), was 
organized in 1995, as a blank check company which plans to look for a suitable 
business to merge with or acquire.  Operation since October 9, 1995 have 
consisted primarily of the first capital contribution by the insiders, and 
coordination activities with the law firm regarding the SEC registration of 
the company.

2.STOCKHOLDERS' EQUITY

The company was duly organized under the laws of the State of Nevada.  The 
company authorized twenty million (20,000,000) shares of Common Stock at 
$.0001 par value.  The company raised $25,007, in 1995, through a Subscription 
Agreement.   (See the statement of changes in stockholders' equity.)

3.RELATED PARTY TRANSACTIONS

Joel Schonfeld, attorney at law, is a legal firm whose partners are 
stockholders of Transpacific International Group Corp.  During 1995, the 
company advanced Joel Schonfeld $20,000 representing legal fees.  It is 
estimated that the company will pay Joel Schonfeld an additional $5,000 in 
1996 upon completion of the SEC Securities Registration Agreement.

4.STATEMENT OF CASH FLOWS

Cash Equivalents - The Company recognizes cash deposited in its bank account 
as cash equivalents for purposes of the Statement of Cash Flows.

5.RULE 419 REQUIREMENTS

Rule 419 requires that offering proceeds after deduction for underwriting 
commissions, underwriting expenses and dealer allowances issued be deposited 
into an escrow or trust account (the "Deposited Funds" and "Deposited 
Securities," respectively) governed by an agreement which contains certain 
terms and provisions specified by the Rule.  Under Rule 419, the Deposited 
Funds and Deposited Securities will be released to the Company and to the 
investors, respectively, only after the Company has met the following three 
basic conditions.  First, the Company must execute an agreement(s) for an 
acquisition(s) meeting certain prescribed criteria.  Second, the Company must 
file a post-effective amendment to the registration statement which includes 
the terms of a reconfirmation offer that must contain conditions prescribed by 
the rules.  The post-effective amendment must also contain information 
regarding the acquisition candidate(s) and its business(es), including audited 
financial statements.  The agreement(s) must include, as a condition precedent 
to their consummation, a requirement that the number of investors representing 
80% of the maximum proceeds must elect to reconfirm their investments.  Third, 
the Company must conduct the reconfirmation offer and satisfy all of the 
prescribed conditions, including the condition that investors representing 80% 
of the Deposited Funds must elect to remain investors.  The post-effective 
amendment must also include the terms of the reconfirmation offer mandated by 
Rule 419.  The reconfirmation offer must include certain prescribed conditions 
which must be satisfied before the Deposited Funds and Deposited Securities 
can be released from escrow.  After the Company submits a signed 
representation to the Escrow Agent that the requirements of Rule 419 have been 
met and after the acquisition(s) is consummated, the Escrow Agent can release 
the Deposited Funds and Deposited Securities.  Investors who do not reconfirm 
their investments will receive the return of a pro-rata portion thereof; and 
in the event investors representing less than 80% of the Deposited Funds 
reconfirm their investments, the Deposited Funds will be returned to the 
investors on a pro-rata basis.<PAGE>   
                                    Schedule 1

TRANSPACIFIC INTERNATIONAL GROUP CORP.
(A Development Stage Company)
GENERAL & ADMINISTRATION EXPENSES
PERIOD FROM OCTOBER 9, 1995 (Date of Inception)
TO SEPTEMBER 30, 1996


Legal fees                                        20,000
Other professional fees                            2,465
                                                           
Total General & administrative expenses           22,465
          




























See accompanying independent accountant's report
and notes to the financial statements


Item 8. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND 
FINANCIAL DISCLOSURE

Not Applicable.
<PAGE>TRANSPACIFIC INTERNATIONAL GROUP CORP.
10-KSB
September 30, 1996


PART III

Item 9.  DIRECTORS, EXECUTIVE OFFICERS, PROMOTERS AND CONTROL PERSONS; 
COMPLIANCE WITH SECTION 16(a) OF THE EXCHANGE ACT

     The officers and directors of the Company, and further information 
concerning them are as follows:


Name(1)                         Age                    Position
Ho Cheong Chio                   45            President, Chairman of 
The Bank of America Building               The Board of Directors
27/F-A-D Avenida 
Doutor Mario     
Soares, Macau   

David Chang                     41             Secretary, Treasurer, 
116 Pinehurst Ave., #L21                       Director 
New York, NY  10033

Christian Constantinov          40             Director
922 Old Post Rd.     
Bedford, NY 10506

____________________

(1)  May be deemed "Promoters" of the Company, as that term is defined under 
the Securities Act of 1933.  


BIOGRAPHY

Ho Cheong Chio, 45, has been President and Chairman of the Board of Directors 
of the Company since the Company's organization.   Since 1982, Mr. Chio has 
been the owner and manager of Far East Trading Co., a trading company located 
in Hong Kong.  Mr. Chio graduated from South China Normal University High 
School, located in Canton, China.  

David Chang, 41, has been Secretary, Treasurer and a director of the Company 
since the Company's organization.  Mr. Chang is a certified public accountant, 
and has had his own accounting and tax practice since 1992.  From 1989 to 
1992, Mr. Chang was employed as a certified public accountant with James D. 
Miller, P.C., in New York.  Mr. Chang received his M.S. in Accounting and 
Taxation from American University, and his B.A. in English Literature from 
Zhongshan University, Canton, China.

Christian Constantinov, 40, has been a director of the Company since December 
4, 1995.  Since 1991, Mr. Constantinov has been a professor at McGill 
University in Montreal, Canada.  From 1990 to 1995, he was a vice president of 
Sony Classical Production, Inc.  Mr. Constantinov received his M.A. in Piano 
from the Conservatory of Sofia in Sofia, Bulgaria, and is a graduate of the 
Gradate School of Engineering in Sofia.



Item 10.  EXECUTIVE COMPENSATION

     No officer or director of the Company has received any cash remuneration 
since the Company's inception, and none received or accrued any remuneration 
from the Company at the completion of the initial public offering.  No 
remuneration of any nature has been paid for or on account of services 
rendered by a director in such capacity.  None of the officers and directors 
intends to devote more than twenty hours per month to the Company's affairs.


Item 11.  SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND
          MANAGEMENT                                         

     The following table sets forth certain information regarding the 
beneficial ownership of the Company's Common Stock as of September 30, 1996 by 
(i) each person who is known by the Company to own beneficially more than 5% 
of the Company's outstanding Common Stock; (ii) each of the Company's officers 
and directors; and (iii) all directors and officers of the Company as a group.

     
Name/Address          Shares of             Percent of       Percent of 
Beneficial            Common Stock          Class Owned      Class Owned
Owner (1)             Beneficially Owned    Before Offering  After Offering

Ho Cheong Chio (2)          86,000             88.7%             86.0%
The Bank of China Building
27/F-A-D Avenida
Doutor Mario
Soares, Macau

David Chang (2)               0                0                0
116 Pinehurst Ave., #L21 
New York, NY  10033

Christian Constantinov (2)    0                0               0
922 Old Post Rd.     
Bedford, NY 10506

Total Officers 
and Directors            
(3 persons)               86,000             88.7%           86.0%
    
Total                    97,000            100 %            97.0%

--------------------------------


     (1)  May be deemed "Promoters" of the Company, as that term is defined 
under the Securities Act of 1933.

     (2)  Ho Cheong Chio is President of the Company, and Chairman of the 
Board of Directors.  David Chang is Secretary, Treasurer and a director of the 
Company, and Christian Constantinov is a director.
  

     None of the current stockholders have received or will receive any extra 
or special benefits that were not shared equally (pro rata) by all holders of 
shares of the Company's stock.<PAGE>


Item 12.  CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

     There are no relationships or transactions required to be disclosed under 
this Item.


Item 13.  EXHIBITS AND REPORTS ON FORM 8-K

NONE<PAGE>SIGNATURES

     In accordance with Section 13 or 15(d) of the Securities Exchange Act of 
1934, the registrant caused this report to be signed on its behalf by the 
undersigned, thereunto duly authorized.

               TRANSPACIFIC INTERNATIONAL GROUP CORP.               

By Ho Cheong Chio                                                        
  HO CHEONG CHIO, President

Date 4/22/97                                                        

     In accordance with the Securities Exchange Act of 1934 this report has 
been signed below by the following persons on behalf of the registrant and in 
the capacities and on the dates indicated.


By Ho Cheong Chio                                                         
 HO CHEONG CHIO, President, Director  

Date 4/22/97                                                              *  
*  *

By David Chang                                                              
DAVID CHANG, Secretary, Director

Date 4/22/97                                                             
*  *  *

By                                                               
   CHRISTIAN CONSTANTINOV, DIRECTOR

Date                                                             
*  *  *



     Supplemental Information to be Furnished with Reports Filed Pursuant to 
Section 15(d) of the Act by Registrants Which Have Not Registered Securities 
Pursuant to Section 12 of the Act. 

     No annual report or proxy material has been sent to security holders.