Labuan

We're gonna fly in there.

We're gonna have half a day or a day there, and then we're gonna take a boat ride from KK over to an island called Labuan Island, L-A-B-U-A-N, Labuan Island.

And I'm telling you this, Abby, too, because you don't remember all these planning details.

You just, you just-

Yeah

... were along for the ride.

And we're gonna go to Labuan Island, and then we're gonna spend a night there or so, a day, and then we'll fly back to Kuala Lumpur, and then back to China.

It'll be a nice extra little trip within a trip.

Yeah, so basically that's a bit of our internal strategy because Dubai is offering very good assets on the tokenization part from the DFSA and Abu Dhabi regulator as well.

So this will be the strong part from the Dubai side and from Malaysia side is the pioneering in Islamic finance together also with the tokenization because also in Labuan there is a very high opportunity for for example rams and initiatives for tokenization as well so that's what brings us here.

So it's

Labuan that you're going to be in?

With a long term that we incorporate also in mainland in Malaysia with also extended hand to Singapore to access broader capital.

So I would say if I have to summarize you have the capital depth in GCC and the sophistication of Islamic products in Malaysia and both will work together for a global solution but for now we will be building from malaysia to the world so that the the core will move here and i will be based here to to to go from malaysia from the core of islamic financial products to the global bridge.

When we look at a market like Southeast Asia or Malaysia, and I know tokenization, like Labuan is really pushing for tokenization and digital assets.

Are our consumers, our investors here, are they open to the idea in terms of digital assets? Are there any friction when it comes to onboarding new investors?

Yes, they do.

I've known Filipinos who were trafficked in back of shipping cartons where they're moving 10,000 slabs of San Miguel beer and four or five girls who have set up a little camp bed at the back of a shipping carton on their way to Labuan and those sorts of places.

So

sad.