As at 31 December 2007, the unaudited consolidated net asset value of the Company was approximately HK$190 million, HK$0.2793 per share. The attached chart showed the composition of the investments of the Company, in which CPDH took up the largest portion, and then Beijing Far East and Wuhan Xing Cheng.
The gain on disposal of Richmond Park Project had not been reflected in December accounts of CPDH, and then had not been recognized in December account of New Capital, it will be the significant issue affecting the changes of NAV of the Company in the future. The share of profit of Beijing Far East will also been recognized soon.