... why PIF must not wilt. “ … We strongly encourage you to vote for a new ARL board and look forward to creating a new ARL. Signature ……… Fred Woollard Director Hamilton Securities Ltd " HCL is going parallel with Wellington strategy of squeezing every penny out of PIF while in control. So let's remember our goal to salvage the pitiful crumbs still available to us trough realisation of our assets; both in ARL and Wellington Capital. If you are pursuing this goal then please follow our PIFAG and their action plan. Regards,