Xenous Hldgs. Inc. (XITO)

[Big Brother]

Should also mention they are apparently doing about RM30 Million in sales per month, according to one article, so that's about $7M USD a month, plus the revenue they will generate from the opening of the Red Hotel next Month.

So we should be looking at some pretty significant assets and revenues from these guys.

“Property is a cyclical industry. There will be ups and downs. We believe the current market slowdown will pick up soon because many developers are gearing up for new launches now, so I do not think the market will go any lower in 2018,” Yap says.

He adds that M101 has not been affected much by the slowdown, with average sales per month hovering around RM30 million. This is because its projects are situated in good locations, offer unique concepts and are at the right pricing, he says.

https://www.edgeprop.my/content/1195096/mixing-business-marriage-101