Exhibit 10.2.3

SUPPLEMENTAL AGREEMENT TO SERVICE AGREEMENTS

THIS AGREEMENT is dated as of the 8th day of August 2001.

BETWEEN:

(1)   First Ecom.com, Inc., a company formed under the laws of the state of
      Nevada, United States of America, and having its registered office at
      Suite 880, 50 West Liberty Street, Reno, NV, USA 89501 (the "Company");
      and

(2)   Gregory Michael Pek, whose address is 206 Seabee Lane, Discovery Bay,
      Lantau Island, Hong Kong (the "Executive").

WHEREAS:-

A.    The Executive and the Company have agreed that it is in the best interests
      of the parties for the Executive to enter into two service agreements with
      the Company, one in respect of services rendered in Hong Kong (the "Hong
      Kong Service Agreement") and the other in respect of services rendered
      outside Hong Kong (the "Offshore Service Agreement"), both dated the same
      date as this supplemental agreement.

B.    Notwithstanding the terms and conditions in the Hong Kong Service
      Agreement and the Offshore Service Agreement (collectively the "Service
      Agreements"), the parties agree that the Service Agreements shall be
      construed in the following manner.

THE PARTIES AGREE AS FOLLOWS:

1.    Compensation and Benefits

      (a)   Subject to Clause 1(b) below, the Executive and the Company agree
            that the compensation and benefits payable to the Executive in
            relation to the Hong Kong Service Agreement and the Offshore Service
            Agreement shall not be duplicated. For the purpose of illustration,
            the Executive shall be entitled to the number of days of holiday
            stipulated in Clause 5.1 of the Service Agreements and not the total
            number of days of holiday in the two Service Agreements added
            together. If the Executive takes a particular day as a holiday under
            one of the Service Agreements, he shall be deemed to have also taken
            the same day as a holiday under the other Service Agreement.

      (b)   The Executive will be paid the Basic Remuneration (as defined in the
            Service Agreements) equal to the total sum of those amounts
            stipulated in Clause 3.1 of both of the Service Agreements. In
            respect of other compensation or benefits which are calculated with
            reference to the Executive's Basic Remuneration, such compensation
            and benefits shall be calculated using the aggregate of the Basic
            Remuneration stipulated in Clause 3.1 of each of the Service
            Agreements.

2.    Termination

      In the event that either of the Service Agreements is terminated pursuant
      to its terms and conditions, then the other Service Agreement shall also
      automatically terminate on the same date and for the same reason or cause.


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3.    Governing Law

      This supplemental agreement shall be governed by and interpreted according
      to the laws of Hong Kong and the parties submit to the non exclusive
      jurisdiction of the Hong Kong Courts.

AS WITNESS the Executive and the duly authorised representative of the Company
have set their hands as of the day and year first above written.


SIGNED by Kenneth G. C. Telford         )
for and on behalf of                    )
First Ecom.com, Inc.                    )                       SIGNED
                                        )


SIGNED by Gregory Michael Pek           )                       SIGNED
in the presence of:-                    )


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