Ann: Board Restructure and Cost Savings, page-76

Regret to say connections wise and ability to do deals, Kodal's management leaves us for dead. Suay Chin is a trading house, very well connected and has great backing and ability to do deals.

We put ourselves as all mighty with the best assets and everyone has to kowtow to us. We made no effort to establish public relations with others in the industry and isolate ourselves that they have virus and we totally lack contacts or relationships with others. We pride ourselves that we had plenty of cash, we only wanted to deal with the Europeans, the Chinese were not good enough. We thus isolated ourselves. We broke every rule about establishing relationships, like visiting often and frequently with people in the industry. Now we know relationships is a very important ingredient, business wise. When the COV19 is over, we seriously need a deal maker to get things moving.