1. Jo Ann Ng is a senior analyst at SING INVEST, a large regional mid-market buyout manager in Singapore. She is considering the exit possibilities for an existing investment in a mature automotive parts manufacturer that was acquired 3 years ago at a multiple of 7.5 times EBITDA. SING INVEST originally anticipated exiting its investment in China Auto Parts, Inc. within 3 to 6 years. Ng noted that current market conditions have deteriorated and that companies operating in a similar business trade at an average multiple of 5.5 times EBITDA. She deemed, however, based on analyst reports and industry knowledge that the market is expected to recover strongly within the next two years because of the fast increasing demand for cars in emerging markets. Upon review of market opportunities, Ng also noted that China Gear Box, Inc., a smaller Chinese auto facturer presenting potential strong synergies with China Auto Parts, Inc., is available for sale at an EBITDA multiple of 4.5. Exits by means of an IPO or a trade sale to a financial or strategic (company) buyer are possible in China. How would you advise Ng to enhance value upon exit of China Auto Parts