We sold some WCT and Gadang during recent run up

We have sold some we have bought with average cost of RM 0.8 and RM 0.6. We have reinvested our profit to SUNREIT. Whereas the original capital into GENM and MBSB.

In every moment there is always an great value stock to invest. As of of today we like GENM the most.

MBSB with a 5% yield as of current price

Though it has not increased its price to our min target of RM 1.5. But we are satisfied with its yield of 5 cents. With a 5% return and still a strong potential to grow beyond RM 1.5. We still think is a bargain to buy.

Paxtonz @ Empire City a good price during recovery

As the development of Empire City hit some issues. Exism entrance given a good price entry compare years back. We like this stupid project Paxtonz and we believe there are plenty of upside and the demand of studio for professional due to offices there is great. We are not holding a flag in this area.

MBSB declared 5 cents dividend – still strong buy call target RM 1.5 above

Except Malaysia is going to be a recession. If not, the potential of growth in revenue will be positive. Even though is mild growth. With a stable 5 cents declared and can be even higher. The current price represent above 5% yield with strong capital gain potential. I am not looking at 100 or 200% but I think is a safe counter that you can increase your bet.

5G + Bandar Malaysia = absolute advantage over property market

5G has Pros and Cons. If the pipe is allow to promote working remotely without boundary. If Bandar Malaysia can take off smoothly. I believe more regional offices may opt to reside in KL than Hong Kong and Singapore. Both may still grow into different segment but Malaysia will get some traction. Is a positive factor towards property development market locally as our price is far away comparing to peers.

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