5 stars Hot Spring resort Hotel project and can go for IPO later on as well.

According to those listed companies' PE ratio and the average is about for 35 in the Taiwan Stock exchange. This resort hotel JV project can be listed in the Taiwan stock exchange as
an exit strategy or to sell as the whole asset to someone else and that will be on your decision since US$50 million will take the lead position. Ideally a 350% to 500% return within 3 to 5 years will be based on its operation of the net profit later on.

I used to do the IPO projects and at least that is what I think it is an investment opportunity anyway.