Can you give us a quick background of this and how accretive is this to the group?

Hi, Dylan.

Thanks for having me.

So, Henshiren recently agreed to acquire a Malaysian worker accommodation set in Pasir Kudan, Johor, for 250 million ringgit, which implies about 27,000 per bed.

This asset sits onto a journey puzzle of 60 years this whole land, expiring on May 2069.

They are cited in a mature industrial estate with industries such as MNCs, chemicals, and metals manufacturers, as well as logistic operators and service providers.

Currently, the approved bid count is about 3978 for the first puzzle and 3996 for the second puzzle, making out a total of... being 7974 BICs in total.

Is this going according to expectations? And what are the additional capacity expansions that we can expect from Coliboo going forward? And how should we think about the stock right now? Is this a buy?