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Disclaimer: Palm Investment Management Pte. Ltd. is not recognized as a Fund Management Company by the Monetary Authority of Singapore (MAS), and thus is not regulated under the Securities and Futures Act 2001 of Singapore. Consequently, Palm Investment Management Pte. Ltd. is not licensed, exempted or registered under the Capital Markets Services (“CMS”) regime, and has no licensing obligations under the CMS. Palm Investment Management Pte. Ltd. is not officially recognized or accredited as a fund management company in any other jurisdiction.