I think this may happen:1. board restructure - new Xingang...

I think this may happen:

1. board restructure - new Xingang appointed nominees go on board (at least half the board), current Chairman and Executive Director to step down

2. Xingang probably don't have to do anything at this time, will probably sit here in their position and wait till the market plays in their favour or not. If market tanks, 6 months later they can re-offer minority holders a lower offer (similar to the WNI-BRM case)

I was lucky to sell out at 40c before Xingang made the formal offer. I think we should not look at this one anymore and focus on better investments elsewhere.

I've been pretty happy with my recent HOR (HORO), SVL, TGS and MEL investments.

Been happy esp. with HORO and SVL.