Cheng
Tadmax got few property projects on, it’s around Kepong area, mostly medium cost condominium, it’s almost all sold, so next few quarters will be good. It has a power generating project in Klang, the approval almost finalise, the project going to sell to one Korean company and Selangor subsidiary company Worldwide holdings. All this pending approval,once sell the power project, the company can profit from it. It got balak land in Indonesia, the company (Wijaya Baru) last time belongs to our present special minister to China, mr. 張，he a Sarawakian, it’s it possible Sarawak election will help this stock, we don’t know, but the fundamentals very ok.

Thanks, Ah Choon. Looks promising and hope to catch the next retracement. Its property segment is indeed quiet strong with average take up rate of 88% and above. Mizumi Residense take up rate of 98% is impressive. Read about the energy segment news which is pending approvals; looks like a divestment which will eliminate current baggage of $2M losses each year. Timber/palm oil plantation has yet to commence operations it seems.