Ann: Annual Report, page-2

Goldson Global Limited Acquisition
In March 2015 the Company entered into a Share Purchase Agreement for the acquisition of the whole of the issued capital of Goldson Global Limited (BVI), an investment holding company who through its subsidiary companies is engaged in the design, production, processing, marketing, leasing, subcontracting and installation of aluminium template (formwork) in the construction of commercial and residential buildings, primarily in China.
As announced on 10 June 2015, quantitative due diligence is continuing on the acquisition and the Company is confident that, subject to the successful completion of the due diligence, the acquisition will proceed later this calendar year following shareholders’ approval.
If the acquisition is successful, part of the profits from its business operations will be allocated to the continued development and operation of the Nipah palm project.
The Company thanks shareholders for their support, and looks forward to providing positive updates on progress in the near future.