This webcast is intended for professional investors or financial advisers only. The opinions expressed are based on market conditions at the time of broadcast and are subject to change. The information provided does not constitute investment or legal advice and it should not be relied on as such. It should not be considered a solicitation to buy or an offer to sell a security. This communication should not be used as the basis for any investment decision. All materials have been obtained from sources believed to be reliable, but its accuracy is not guaranteed. There is no representation or warranty as to the current accuracy of, nor liability for, decisions based on such information. Past performance is no guarantee of future results and the value of such investments and their strategies may fall as well as rise. You may not get back your initial investment. Capital security is not guaranteed. Neither this webcast nor any part of it may be reproduced by any party without the prior permission from Spring Capital Partners Limited.