LI HENG CHEM FIBRETECH - NAV : 46cents . NET CASH .

Li Heng should continue to do well because China's economy is recovering strongly. In addn, the resumption of trading of China Gaoxian next Wed -- ie Sept 18 -- will turn the spotlight on textile plays.

Goaxian is set on a path of recovery.



“I have full confidence in the new management as they are experts and professionals in their own fields. When they take over, I believe that the shareholders can expect the
Company to be steered towards a brighter future. I would like to thank the Board members for their leadership and the professionals who have assisted us in our efforts to
revive China Gaoxian successfully and give it a second chance”, Mr Tham concluded.