CHCL

My second highest investment is in CHCL. I invested in a company which is quite healthy financially. Its management was good and, I believe, as a large conglomerate of several sister companies/subsidiaries, it will remain a strong company. I have lots of appreciation of Mr. Ghising. But, I do not believe a company will turn to red from blue due to change of a Chief Executive. In any case, Mr. Ghising may not be a permanent feature in CHCL as he is there representing NEA. Although, I have no confidence in Bizmandu news item, still if it is true, I could sleep very well tonight believing in CHCL management's capacity to run the company well.