Corporate Connect Webinar Presentation & Q&A

Hey, very good evening, everyone. Thanks for joining us for today's Corporate Connect webinar. This webinar is organized by CS and supported by SGX Group. And my name is Sunny, I'm from CS and I'll be your host for today. Today, we welcome a very sort of a promising read that's listed in Singapore, which I last checked is up more than 20% year to date with a stable dividends of around 8% dividend yield. And that is the Elite UK Read. We welcome them this evening, as well as our audience from our YouTube channel, as well as our partner broker, Kiger Brokers Live Platform. So Elite UK Read is a UK focused real estate investment trust

listed on the Singapore Exchange and they are managed by Elite UK Read Management Private Limited. They are based in Singapore and they're really sponsored by Elite Partners Holding Private Limited, the parent company of Elite Partner Group and Holy Group Private Limited, a leading real estate and construction group. So Elite Read portfolio consists mainly of freehold properties located in town centers, near key amenities and transportly across the UK. It is also one of the largest provider of essential social infrastructure for the UK government, including the Department for Work and Pension. As of 30th June this year, the portfolio is valued at about £421 million. So we will kick off today's webinar

with a market highlights segment by my good friend, Mr James Oi from Kiger Brokers, followed by the corporate presentation by Elite Read. Thereafter, we will dive into the Q&A segment to answer all your questions about Elite UK Read. So before we dive deeper into the company, let me invite James to come on to share with us the market highlights that he has prepared for us. Over to you James. Thank you, Sany. Let me show my slides first. Sure. One second. Okay, I hope that everyone can see this well. Yes. Just one second. Okay. Hi, good evening, everyone. I'm James, market strategist at Tiger Brokers Singapore.

So tonight, as usual, I'll be sharing some insight on the Singapore market. Okay, just let me go through the disclaimer first. This presentation is provided to you for education and sharing purpose only, and does not constitute to anyone. I advise past performance is not indicated or future performance. So some market insights. So here are some of the Singapore equity market highlights for the past one week. The most important news is MTI upgrades GDP growth forecast for 2025 to be around 4% from one to 3% previously. Bear in mind that Singapore GDP grew by 4.4% in 2024. So around 4% GDP growth this year is quite impressive.

And this table show you the top performance and worst performance in terms of week to date, month to date and year to date returns. Basically, the winners and losers are quite random. I don't really see a pattern here for the past one week. And again, STI remains one of the top performing stops indices globally so far this year. The yield daily return is about 25%. And again, we are seeing a broad base rally across all sectors this year. After 24% return in the STI index this year, the financial sectors contributed 10 percentage points while real estate including REITs contributed to about 3.9%, sorry, 3.3 percentage points itself.

So this also show you the average return over the past 25 years for STI index. So generally December is a good month. The average return for December is 1.6%. And so if you are expecting to see some pullback, a seasonality does not really suggest that. So this is one of the most important stocks to me. So recently we have been seeing some pickup in the small mid cap stock prices, but overall they are still far below the 2007 high itself.

So as market breadth continues to widen across all sectors, small mid cap stocks and including REITs as well should benefit. So here are some of the latest developments to support growth in the Singapore market. Again, I will not go through one by one. Some of the important ones include firstly SGS and NASDAQ will collaborate to establish a dual listing bridge for both exchanges. Secondly, in terms of EQDP program, SOFAN 3.95 billion has been allocated. The remaining 1 billion will be allocated in second quarter next year. Okay, here are some of the older news I will not go through as well. So the most important one definitely will be

the $5 billion EQDP program. So far the first tranche of 1.1 billion was awarded to three fund managers, including Fullerton, Avanta and JP Morgan. So they promise to launch funds to target small mid cap stocks. MAS also recently allocated 2.85 billion to the second batch of the asset managers, including Blackrock, Amoeba,