We have transferred some SGD back to Malaysia from our SREITS dividend and bought into newly listed ALSREIT. We start to covering it because we want to cover all MREITs as a pioneer player in Malaysia to understand all its behaviour and performance.
We also bought some Axiata-C4 due to weak market sentiment create a great chance for us to profit from valuecap.
We also like CIMB-C7 as we think when market stabilise in mid term. We should have a fair value of CIMB at least at RM 6 and above. Perhaps our certainty is valuecap buying I’m next few months to come.