v) it is therefore not a hollow company and has been operating a good and successful electrical/electronic manufacturing business with markets in the East and the major Western markets including the US and Europe since 2003;

vi) its business is still ongoing;

vii) it is a Singapore registered and listed company and is subject to Singapore law and accounting rules (auditors are Deloitte Touche);

viii) it still has net assets in terms of cash, business receivables, plant and equipment totalling over RMB438 million (about S$86 million);

ix) its CEO owns  about 2/3 of its shares an is unlikely to let the company go bust or even let it be taken over for a song - on the other hand, with KXD's present status as an ongoing concern and with the current high prices of commodities like coal, gold, oil, palm oil, etc., all it takes is for KXD to acquire a project or enter into some joint venture relating to such or other commodities for its share price to go up (see point 8 above regarding the KXD's declared intention) - with outsourcing nowadays, that KXD has no experience in commodities or their extraction/dealings should not pose a problem to it diversification, see for example how engineering Jade has outsourced its Indonesian coal mining project to a company with such expertise;