May Portfolio

These are my current stocks holdings as of 7 May 08.

1. Marco Polo Marine
2. AusGroup
3. Cosco Corp

These are my current Unit Trust holdings as of 7 April 08.

1. Allianz GIPF RCM Global High Payout Fund
2. Schroder Singapore Trust Class A
3. Aberdeen Pacific Equity Fund


Key Portfolio Changes:

I sold off my shares for Capitaland and Capitamall as I feel that this year round the market is not so well perform on property.

Just bought shares for AusGroup and Cosco.

Cosco
has achieved significant progress in growing its Ship Repair, Ship Building & Marine Engineering capacities and capabilities. The completion of its acquisition of a 51% stake in the largest shipyard in China.

AusGroup
SINGAPORE – 19 March 2008 – AusGroup Limited (“AGL” or “AusGroup” or “the
Group”), an energy and resources specialist is pleased to announce that it has secured
a new contract amounting to approximately A$26 million.
AusGroup secured the new contract from a global mining & resources firm to fabricate,
supply and install structural, mechanical, piping and electrical systems for a new iron ore
facility in Western Australia. The work is scheduled to commence in May 2008 and will
be completed by Nov 2008.

I did not receive any dividends for April 08.