We visited the estate of one of our investee companies. It is a port cum industrial estate development situated in Surabaya. It's impressive that the management team is able to achieve so much, started with acquiring land which used to be occupied by salt farms and fish ponds, in about 2 years!
We're lucky to have the opportunity to visit the site and learnt some of the technical aspects from the project's master planner. The trip further strengthened our believe that the company is currently misunderstood by many investors as some are too focused on its short-term headwinds, and neglect the good potential this project could bring to the company in next 2-3 years. We will be closely monitoring the progress and hope to grow alongside the company.