POWER OF ATTORNEY

KNOW ALL MEN BY THESE PRESENTS that we,

do hereby nominate and appoint the Company

a private limited company incorporated in Malaysia and having its registered office at

it may designate or its nominee(s) to be our Attorney for us and in our name to do any of the
following things within Malaysia:-

1. To manage conduct affairs relating to our piece/pieces of land held under

measuring approximately acres delineated for identification blue in the

plan annexed herein as Annexure I (hereinafter referred to as "the said Land")

2. To carry out and complete the housing development comprising of shopping complex and
residential property together with public facilities and all necessary infrastructures in
accordance with all approved plans and specifications (hereinafter called "the Project
Development") on the said Land.

3. To apply for and obtain from the appropriate Land Office or other relevant* authorities
the requisite approval for the land use free from any restriction against the erection of the
building thereto.

4. To cause the said Land to be surveyed, amalgamated and sub-divided into building lots
for the purpose of inter-alia obtaining separate titles to be sub-divided lots.

5. To sign and submit layout plans, building plans and specifications to the appropriate
authorities for permissions and approval to build on the said Land.

6. To surrender and submit to the appropriate authorities the document of title to the said
Land for the issue of separate documents of title to the sub-divided lots thereof.

7. To sell any person all or any of the buildings on the said Land and for the purpose to sign
and execute all transfers and other instruments necessary. To provide for the issuance of
undertaking to the end-financier and other to facilitate the release of the loan to the
Developer.

8. To enter into the said Land for the purpose of civil construction works and to give notice
to quit to the existing tenants or squatters, if any, and to take down existing building
thereto.

9. To pay all taxes, assessments, quit rents and other money due to the appropriate
authorities on the said Land.

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10. To demand, sue for, recover and receive by all lawful ways and means from all and every
person whom it may concern all monies, rents, tributes, dues, goods and property in
connection with the said Land which now or hereinafter becomes due, owing, payable or
belonging to us upon or by virtue of any judgment, decree, bill, bond, promissory note,
account or upon any instrument relating thereto and upon receipt and recovery of the
same to grant sufficient and acquittance releases and discharge and in the case of non
payment or non delivery to distrain and take such action in law or other proceeding as
may be necessary for the recovery of the same.

11. To state, settle, adjust, compound and compromise all accounts, claims demands and
differences between ourselves and any other person or persons in respect of the said Land
and if advisable to refer any such matters to arbitration and for that purpose to sign, seal
and execute any agreement or reference or any instruments necessary.

12. To appear before any judge, Magistrate or any Public officers in connection with any of
the matters herein contained and to appear for any order, and/or judgment given against
us.

13. To mortgage or charge or pledge the whole or part of the said Land on terms the Attorney
may think proper.

14. In general to do all other acts deeds matters and things, whatsoever connected with and in
relation to the said Land either particularly or generally described as amply and
effectually to all intents and purposes as we could do in our own proper person if those
presents had not been made.

15. For the better doing performing and executing of the matters and thins aforesaid we
hereby further grant unto the Attorney full power and authority to substitute and appoint
in its place and stead on such terms as it shall think fit one or more attorney or attorneys
to exercise for us as our attorney or attorneys any or all the powers and authorities hereby
conferred and to revoke any such appointment from time to time substitute or appoint any
other or others in the place of such attorney or attorneys as the Attorney shall from time
to time think fit.

16. It is declared that this Power of Attorney is irrevocable so long as the Joint Venture
Agreement dated the day of 2004 made between the parties
is valid and subsisting.

And we hereby agree and covenant for ourselves and our successors in titles to ratify allow and
confirm whatsoever the Attorney or any substitute or substitutes shall lawfully do or purport to do
in and about the premises by virtue of these presents.

And we declare that the contents of this Power of Attorney have been explained to us in Bahasa
Malaysia language and we have fully understood the same before signing.

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 IN WITNESS WHEREOF we have hereunto affixed our Common Seal the day and
year above written.

The Common Seal of )

)
)
was hereunto affixed in the )
presence of:- )

I, , an Advocate and Solicitors of the High Court Malaya pratising

at Penang hereby certify that on this day of 2004 the common Seal
of was duly affixed to the above written instrument
in my presence in accordance with the regulations of the said body.

Dated this day of

Witness my hand,

………………………..