Malaysia – AAX, LBS, LHI, ASTRO, ABMB, AMMB, MBSB, MAYBANK

Hong Kong – AEON Credit and Dah Sing Bank

China – ABC, ICBC, Bank of China, Bank of Chongqing, China Unicorn

We have started to sell MREITs and target to reduce all MREITs to around 20-30% of original holdings.  We think the tax rate make MREITs non competitive.