The Group has further acquired another 41 acres of land adjacent to the above land for RM11.5 million in March 2005.

Acquisition of 36.8 acres of new land bank at Taman Dato Chellam (“TDC”) for immediate mixed development to enhance the earning capacity of the Group. This project is expected to generate approximately RM120 million in revenue over a period of 5 to 6 years.

The Group extended its development into Bandar Nusajaya to develop approximately 341.88 acres of land into an industrial park by entering into a development right agreement with option to purchase with Bandar Nusajaya Development Sdn Bhd (“BNDSB”) (formerly known as Prolink Development Sdn Bhd), a subsidiary of UEM World Bhd. The proposed name for this project is Taman Perindustrian Nusa Cemerlang (Nusa Cemerlang Industrial Park)/”Nusa Cemerlang”.

Acquisition of 1 390.22 acres of new landbank for “Bandar Cemerlang ” project. This project is expected to generate approximately RM2.5 billion of revenue and RM0.7 billion of PAT over a period of 12 years. This project is expected to commence development in year 2006.

The establishment of Crescendo International College for diversification into education business. The College license was obtained in year 2000. Currently, the strenght of College lies in accountancy, management and law programmes.

CCB was listed on the Main Board of KLSE (now known as Bursa Malaysia Securities Berhad) on 8 April.

Restructuring exercise to acquire several subsidiaries (ie. PID, CDSB and Unibase) to facilitate the listing of CCB on the Main Board of KLSE (currently known as Bursa Malaysia Securities Berhad).

CCB was incorporated on 15 September .

Unibase Concrete Group was established in 1996 to diversify into civil engineering contracts and manufacture of concrete products.

Started its plan to develop a self-contained township containing more than 6,800 units of residential and commercial properties in Desa Cemerlang (“DC”). This development commenced in 1995 and to-date this project housed more than 4,000 units of property worth approximately RM500m.

Ambok, a wholly owned subsidiary of PID, acquired 842.9 acres of land with the intention to diversify into resort and leisure development. To-date, Ambok has not commenced operation.

Started its 600 acres industrial park at Taman Perindustrian Cemerlang (“TPC”) by its subsidiaries. It is among the largest parks in Johor. Expected to house 1000 factories once fully developed. To-date, more than 700 factories worth more than RM600m were completed and sold.

The in-house construction arm, Unibase, was established to undertake the construction work in this project.