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© Copyright CGS-CIMB Securities International Pte. Ltd. All Rights Reserved | Company Reg No.:200506890E
This material is categorised as non-independent for the purposes of CGS-CIMB Securities (Singapore) Pte. Ltd. (Co. Reg 198701621D) and its affiliates (collectively “CGS-CIMB”) and therefore does not provide an impartial or objective assessment of the subject matter and does not constitute independent research. Consequently, this material has not been prepared in accordance with legal requirements designed to promote the independence of research. Therefore, this material is considered a marketing communication.
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