Investors and institutions buy our shares because they want to buy real estate in Singapore. Our priority is to extract value out of Singapore. No competitor has so many sites to create the luxury niche that we have started developing.

The group continues to benefit from a diversified global portfolio with our hotels continuing their upward trends, leaving us well positioned for the second half.

We have continued our focus on driving the operational performance of our hotels to maximize returns and have delivered first half results in line with our expectations. The group continues to benefit from a diversified global portfolio with our hotels continuing their upward trends, leaving us well positioned for the second half of the year.