A'Sharqiya Investment Holding Co. (SAOG) ($SIHC)

Okay. It's 11:00 here, and let me quickly give you a summary of the first quarter financial position of this company, A'Sharqiya Investment Holding and its subsidiary, Qalhat Real Estate. And I would take questions if there is any. Going forward, feel free to stop me in case you have any clarification. The first quarter financials, our book value currently stands at 215 Baizas. And as a comparison, if you were to do it for the similar period last year, it was 162 Baizas. We closed the year of 2025 at 165 Baizas. So there has been a significant increase in the net assets per share. On the revenue side, we've been fairly consistent in terms of dividend incomes and interest income and in terms of expenditure also. We have had some gains in the fair value investments that we have in the company, and that is being shown under the other comprehensive income. So overall, there has been progress, both in terms of our investment value, in terms of our relationship with our lease partner and with Oman LNG, and we've had a positive first quarter, both in terms of cash flows and as far as book value, which is a critical element as far as investment holding companies are concerned. If you look at the financials, most of our assets, both in terms of our long-term equity holding, our bond holding, we have got -- have been consistent. There has been an increase in our performance, and that is reflecting in the higher book value. It's a fairly straightforward balance sheet. We do not have any debt borrowings in our book. So it's a clean balance sheet. And we have substantial near cash or short-term cash as we call it, in our books, which gives us enough dry powder to look at investments whenever we do come across anything which is interesting. We're constantly in the market, trying to look at investments to grow the book. And we will keep you posted as we go along in terms of if there is any significant increase or if there is any new projects that we are looking into. At this point in time, we stay committed, we stay positive, and we look forward to 2026 being consistent in our performance. As I mentioned, we don't have debt in our books. So it's -- on the liability side, we -- it's pretty much simple numbers, both in terms of total equity as far and our -- there's really not much short-term liabilities to talk about. Our cash flows, as you have probably noticed, we've got a strong cash position in our books, both in terms of our deposits, short-term and medium-term investments. And that is going to give us the significant advantage of looking out for investments, which we are constantly doing. At this point in time, I will stop. We have -- I have covered all the big numbers, significant points that I feel is relevant to the investor community. Feel free to stop and ask me any questions you have. Go ahead.

Any questions? Any questions, please?

While you are thinking of any questions, I can also let you know that we have a subsidiary, which has got a large land parcel leased from Madayn, and we have further leased it to Oman LNG for -- these are typically long-term leases, which provide sustainable and regular cash flows. And we continue to have a very positive and healthy relationship with Oman LNG, who is our lease -- lessee for the entire property. And that relationship is also healthy and positive, and we continue to hold that in good stead, and we look forward to a positive relationship going forward also. And I just thought this might be of relevance because this is a significant part of our -- the way this company is structured. We are now open to questions, either on the chat box or if you wish to ask any questions, I'm -- the floor is now open for questions. Well, the time is 11:10 on my watch. And since there seems to be no other questions or any clarifications that you require, we will close this platform at this point in time. Please note that you are welcome to reach out to me or to my colleague via e-mail or telephone call for any clarification you may require subsequent to this meeting, and we welcome any communication in this regard. If there is no more questions or no questions that you wish to ask, we will close this platform. Thank you for participating, and I appreciate your initiative in logging in today for the first quarter financials of 2026 for A'Sharqiya Investment Holding Company. Thank you.

Thank you.

Srinivaas, you can close the recording and...

Yes, yes, yes. Okay.