This material is for general information only. By accessing this material, you agree and acknowledge that this material is based on certain information, forecasts and assumptions, all of which is subject to change without notice. CGS International Securities (Singapore) Pte. Ltd. (“CGS International”) does not undertake any obligation to update or revise this material. CGS International makes no representation or warranty, whether express or implied, as to its adequacy, accuracy, completeness, reliability or fairness, and CGS International accepts no responsibility in any such respect.

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