We sold half of our holding on Stemlfe at RM 0.380 and changed to Puncak at RM 2.800

We have made a decision to sell off our Stemlfe which has a PE of more than 20 times base on recent 2 quarters earnings. We switched to Puncak as to both speculative that Selangor government may takeover. But we believe at least above RM 4.00. If the takeover is not successful, the current EPS and NTA is still undervalued.

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