We reduced posiitons in KPJ Healthcare and BJCorp. Switched to Oldtown, DKSH, Masteel, PavREIT, KHIND and Alaqar

Reason to reduce KPJ Healthcare – PE has reached record high, above PE 20 is not our cup of tea. For BJcorp – The renew exercise via loan stocks and free warrants does not look attractive with its 12 months performance. Thus we reduced our positions.

But we switched to Oldtown, DKSH, Masteel, Alaqar, PavREIT and KHIND.