Ann: PET Board Changes, page-2

What do you think of this? The timing is just 2 weeks after the AGM where these changes were not mentioned.

ZZL (new Deputy Chairman Zhang) has a 7% holding and the new Director Mr Ma has 1%. Both are of course associated with BEWG.

They now have 2 out 5 Directors. I am all for the link up with BEWG as we were not getting large contracts previously. This year we doubled the size of the wetlands project in May to $15 million and got an extra $1.5 million for the canal project in October. As long as our interests are aligned and we continue to get a flow of work then PET benefits. I just wonder why the sudden change. Any views?