{"id":5847,"date":"2024-06-25T07:43:51","date_gmt":"2024-06-25T07:43:51","guid":{"rendered":"https:\/\/galileeinvestment.com\/?page_id=5847"},"modified":"2024-07-18T01:48:17","modified_gmt":"2024-07-18T01:48:17","slug":"q3-2024-newsletter","status":"publish","type":"page","link":"https:\/\/galileeinvestment.com\/zh\/q3-2024-newsletter","title":{"rendered":"Q3 2024 Newsletter"},"content":{"rendered":"<div data-elementor-type=\"wp-page\" data-elementor-id=\"5847\" class=\"elementor elementor-5847\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-vxa65ev elementor-section-boxed elementor-section-height-default elementor-section-height-default elementor-invisible\" data-id=\"vxa65ev\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;animation&quot;:&quot;fadeIn&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6815a44\" data-id=\"6815a44\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ad126a0 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"ad126a0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cd9815a elementor-absolute elementor-widget elementor-widget-heading\" data-id=\"cd9815a\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_position&quot;:&quot;absolute&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Q3 Investors' Newsletter <br> July 2024<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t<div class=\"elementor-element elementor-element-edbee3d e-flex e-con-boxed e-con e-parent\" data-id=\"edbee3d\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-ae9af9c elementor-widget elementor-widget-spacer\" data-id=\"ae9af9c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ab5e16c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ab5e16c\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-48b4075\" data-id=\"48b4075\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e6a09ce elementor-widget elementor-widget-heading\" data-id=\"e6a09ce\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Galilee Investment Management <\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f2d5a6b elementor-widget elementor-widget-heading\" data-id=\"f2d5a6b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\"><span style=\"font-size: 29px;font-style: normal\">Message from CEO<\/span><\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-fd08d43 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"fd08d43\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-9a9d5a5\" data-id=\"9a9d5a5\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a3c4df9 elementor-widget__width-initial elementor-widget elementor-widget-image\" data-id=\"a3c4df9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"250\" height=\"250\" src=\"https:\/\/galileeinvestment.com\/wp-content\/uploads\/2023\/10\/joseph_leadership.png\" class=\"attachment-medium size-medium wp-image-4737\" alt=\"\" srcset=\"https:\/\/galileeinvestment.com\/wp-content\/uploads\/2023\/10\/joseph_leadership.png 250w, https:\/\/galileeinvestment.com\/wp-content\/uploads\/2023\/10\/joseph_leadership-150x150.png 150w\" sizes=\"(max-width: 250px) 100vw, 250px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-887fdb7 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"887fdb7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p style=\"text-align: center;\"><strong>\u00a0<\/strong><\/p><p><b>Mr. Joseph Ong,\u00a0<\/b><\/p><p><b>\u9996\u5e2d\u6267\u884c\u5b98<\/b><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-378a12a\" data-id=\"378a12a\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-286044e elementor-widget elementor-widget-heading\" data-id=\"286044e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-medium\"><b>Dear Investors,<\/b><\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8463fbf elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"8463fbf\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>I am excited to share some substantial developments and exciting progress we have achieved over the past quarter.<\/p><p>It is with great pride that Monetary Authority of Singapore (MAS) has granted approval for our application to become a Licensed Fund Management Company (LFMC), to carry out fund management for accredited or institutional investors only (A\/I LFMCs). As committed by MAS, we will be issued a Capital Markets Services (CMS) license within the week of July 29, 2024.<\/p><p>This milestone marks a significant step forward for our company, enabling us to expand our service offerings and offer our clients enhanced investment opportunities. Our team has diligently adhered to the stringent standards set by MAS, and this approval underscores our commitment to upholding the utmost integrity and professionalism in all aspects of our operations.<\/p><p>\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<div class=\"elementor-element elementor-element-aa80380 elementor-widget elementor-widget-text-editor\" data-id=\"aa80380\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>As part of our efforts to further strengthen our investment process and corporate governance, we are excited to promote one of our existing Portfolio Manager, Joshua Zeng, to take on a new role as Chief Investment Officer. <span style=\"font-style: inherit; font-weight: inherit;\">In this new position, he will be responsible for overseeing the investment process and strategies across all our funds. We believe that with his leadership, our investment initiatives will continue to perform well and achieve strong results.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0564cbc elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"0564cbc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-db582ef elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"db582ef\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-c280293\" data-id=\"c280293\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-082c442 elementor-widget__width-initial elementor-widget elementor-widget-image\" data-id=\"082c442\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"199\" height=\"200\" src=\"https:\/\/galileeinvestment.com\/wp-content\/uploads\/2023\/10\/joshua_team.png\" class=\"attachment-1536x1536 size-1536x1536 wp-image-4757\" alt=\"\" srcset=\"https:\/\/galileeinvestment.com\/wp-content\/uploads\/2023\/10\/joshua_team.png 199w, https:\/\/galileeinvestment.com\/wp-content\/uploads\/2023\/10\/joshua_team-150x150.png 150w\" sizes=\"(max-width: 199px) 100vw, 199px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-6acf546\" data-id=\"6acf546\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b995c10 elementor-widget elementor-widget-heading\" data-id=\"b995c10\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-medium\">Mr. Joshua Zeng, Chief Investment Officer<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-90e1c88 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"90e1c88\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>While completing his Bachelors (Honours) of Economics programme at University College London (UCL) in 2018, Mr. Zeng and his former business partner started their investment journey, managing a private fund of \u00a310,000 from their university tuition fees.<\/p>\n<p>By God\u2019s grace, his privately managed fund had achieved an annualised return of 53.36% net of all fees and taxes since inception, representing an amount of more than SGD4M at the point of the fund\u2019s closure in January 2023. He also graduated from UCL with a First Class Honours in 2020.<\/p>\n<p>After joining Galilee in June 2022, Mr. Zeng continued to develop his unconventional approach and strategy to investing where he seeks to identify inefficiencies and takes advantage of any gaps between market expectations and the probable reality. He looks for opportunities that offer skewed risk-reward profile with minimal absolute downside to achieve out-sized returns with little to no market influence over time.<\/p>\n<p>Mr. Zeng&#8217;s passion and love for investing and his lifelong pursuit to become a better investor and an abiding allocator for God\u2019s Kingdom was what urged him to first join Galilee and now, to contribute to the Company on a higher level.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t<div class=\"elementor-element elementor-element-fe9d5d4 e-flex e-con-boxed e-con e-parent\" data-id=\"fe9d5d4\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-da3485e elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"da3485e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7377ea8 elementor-widget elementor-widget-text-editor\" data-id=\"7377ea8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"text-align: var(--text-align); font-size: 1rem;\">Besides, we are thrilled to announce the forthcoming launch of a new Variable Capital Company (VCC) by our prospective strategic partner, which is currently in the pipeline. This VCC will primarily focus on investment strategies in public equities. Further information will be provied in our next quarterly newsletter once the VCC is officially incorporated.<\/span><\/p><p><em style=\"font-weight: inherit; text-align: var(--text-align);\"><span style=\"font-weight: bold;\">That is all from me but do read on for fund specific updates. W<\/span><\/em><em style=\"font-size: 1rem; font-weight: inherit; text-align: var(--text-align);\"><span style=\"font-weight: bold;\">e would like to thank you for your patience and continued support. Please feel free to reach out to us if you have any feedback.<\/span><\/em><\/p><p><em style=\"font-size: 1rem;\">Regards,<\/em><\/p><p><i>\u738b\u57f9\u6c49<\/i><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-c3aaf32 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"c3aaf32\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6a9bbc9\" data-id=\"6a9bbc9\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-37dbd93 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"37dbd93\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-97e099d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"97e099d\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3b303c5\" data-id=\"3b303c5\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b4f9e43 elementor-widget elementor-widget-heading\" data-id=\"b4f9e43\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-medium\">fund Specific updates<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1a3048b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1a3048b\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-1074e79\" data-id=\"1074e79\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6ca1111 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"6ca1111\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"#GIFVCCSF1\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Galilee Fixed Income Fund<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-043f4e1\" data-id=\"043f4e1\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9db41e2 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"9db41e2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"#CPF\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">compounder fund<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-48df13f\" data-id=\"48df13f\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-09a1de4 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"09a1de4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"#CDF\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Cambodia Development FUnd<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-08f33cd elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"08f33cd\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3b00639\" data-id=\"3b00639\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8b0d4a0 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"8b0d4a0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-06c3ff0 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"06c3ff0\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6882954\" data-id=\"6882954\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-dbd5a36 elementor-widget elementor-widget-heading\" data-id=\"dbd5a36\" data-element_type=\"widget\" data-e-type=\"widget\" id=\"GIFVCCSF1\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Galilee Investment Fund VCC - Sub-Fund 1 <br>Galilee Fixed Income Fund<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ecdde24 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ecdde24\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a655e4d\" data-id=\"a655e4d\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-86d3b19 elementor-widget elementor-widget-text-editor\" data-id=\"86d3b19\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong><u>Fund Description:<\/u>\u00a0Galilee Fixed Income<\/strong><b style=\"font-style: inherit;\">\u00a0Fund is an open-ended fund that focuses on\u00a0<\/b><b>sourcing out good quality assets which require debt funding, giving investors the opportunity to participate in specific projects of their choice.<\/b><b style=\"font-style: inherit;\">\u00a0<\/b><b>The Sub-Fund will invest primarily in real estate backed private or public fixed income products or deals. The Sub-Fund aims to provide investors with a stable annual dividend income yield of between 6-10% net of fees, paid out quarterly, over the long term.<\/b><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-60ebd4b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"60ebd4b\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-847ce93\" data-id=\"847ce93\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e93aa81 elementor-widget elementor-widget-heading\" data-id=\"e93aa81\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-large\">Fund Updates<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0f1b7d3 elementor-widget elementor-widget-text-editor\" data-id=\"0f1b7d3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"text-decoration: underline;\"><strong>Celebrating Our 2-year Milestone<\/strong><\/span><\/p><p>We are pleased to share some exciting updates as we mark the 2-year anniversary of the Galilee Fixed Income Fund. Since closing our first investment in July 2022, we have achieved significant milestones and delivered solid returns for our investors.<\/p><p><span style=\"text-decoration: underline;\"><strong>Successful Dividend Payments<\/strong><\/span><\/p><p>Over the past two years, we have successfully paid out eight quarterly dividends payments both of our active projects, providing our investors with an annualized return of over 7.5%. This consistent performance underscores our commitment to delivering stable and attractive returns for our investors.<\/p><p><span style=\"text-decoration: underline;\"><strong>Inaugural Investment Tranche Redemption<\/strong><\/span><\/p><p>We are proud to announce the successful redemption of the inaugural investment tranche from our investors who joined us in Project 1 in July 2022. This marks the first successful redemption executed since the fund&#8217;s inception, showcasing our capability to manage and execute redemptions efficiently.<\/p><p><span style=\"text-decoration: underline;\"><strong>New Project Launch<\/strong><\/span><\/p><p>Following the success of our initial two projects, we launched a third project, Project 3 &#8211; 26HA Land Financing and managed to successfully achieve the fund raising target of above S$2M, all within the past four weeks.<\/p><p>We would like to thank you for your continued trust and support!<\/p><p style=\"font-size: 16px; font-style: normal; font-weight: 400;\"><a style=\"font-size: 1rem; background-color: #ffffff; outline: 0px;\" href=\"https:\/\/forms.gle\/Ybf6Qs323RcWGBMh8\" target=\"_blank\" rel=\"noopener\">\u70b9\u51fb\u6b64\u5904\u00a0<\/a><span style=\"font-style: inherit; font-weight: inherit;\">or\u00a0<\/span><span style=\"font-size: 1rem;\">contact<\/span><span style=\"font-size: 1rem;\">\u00a0<\/span><a style=\"font-size: 1rem; background-color: #ffffff;\" href=\"mailto:investor_relations@galileeinvestment.com\" target=\"_blank\" rel=\"noopener\">investor_relations@galileeinvestment.com<\/a><span style=\"font-style: inherit; font-weight: inherit;\">\u00a0if you wish to find out more!<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-81b0ebf elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"81b0ebf\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2891787\" data-id=\"2891787\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f59ecaf elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"f59ecaf\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-aecba1f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"aecba1f\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-d747276\" data-id=\"d747276\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-24bc24b elementor-widget elementor-widget-heading\" data-id=\"24bc24b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-large\">Latest Economic Developments in Cambodia<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-845c3f3 elementor-widget elementor-widget-text-editor\" data-id=\"845c3f3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Check out the latest articles featuring Cambodia&#8217;s development and growth to understand why investing in Cambodia will continue to have a place in your investment portfolio.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ad0a668 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ad0a668\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-0712b17\" data-id=\"0712b17\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-715115b elementor-widget elementor-widget-image\" data-id=\"715115b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.khmertimeskh.com\/501508052\/five-things-to-consider-before-buying-property-in-cambodia\/\" target=\"_blank\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"750\" height=\"440\" src=\"https:\/\/galileeinvestment.com\/wp-content\/uploads\/2024\/07\/Phnom-Penh-Condo-Reasons-to-buy.jpg\" class=\"attachment-full size-full wp-image-5858\" alt=\"\" srcset=\"https:\/\/galileeinvestment.com\/wp-content\/uploads\/2024\/07\/Phnom-Penh-Condo-Reasons-to-buy.jpg 750w, https:\/\/galileeinvestment.com\/wp-content\/uploads\/2024\/07\/Phnom-Penh-Condo-Reasons-to-buy-300x176.jpg 300w\" sizes=\"(max-width: 750px) 100vw, 750px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-17d522c\" data-id=\"17d522c\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2548868 elementor-widget elementor-widget-heading\" data-id=\"2548868\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-large\"><a href=\"https:\/\/www.khmertimeskh.com\/501508052\/five-things-to-consider-before-buying-property-in-cambodia\/\" target=\"_blank\">Five Things to Consider Before Buying Property in Cambodia<\/a><\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7f62929 elementor-widget elementor-widget-text-editor\" data-id=\"7f62929\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>It is fair to say that the Cambodian property market continues to see a correction in mid-2024 and that the buyer profiles for condos and other properties on the market have changed over recent years.\u00a0<a style=\"font-style: inherit; font-weight: inherit; background-color: #ffffff;\" href=\"https:\/\/www.khmertimeskh.com\/501508052\/five-things-to-consider-before-buying-property-in-cambodia\/\" target=\"_blank\" rel=\"noopener\">Full article here (Khmer Times)<\/a><span style=\"font-style: inherit; font-weight: inherit;\">.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1075cbf elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1075cbf\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-135ceda\" data-id=\"135ceda\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-651feec elementor-widget elementor-widget-image\" data-id=\"651feec\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.khmertimeskh.com\/501495141\/average-land-value-in-phnom-penh-stabilised-to-4500-sq-metre-in-2023\/\" target=\"_blank\">\n\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"750\" height=\"440\" src=\"https:\/\/galileeinvestment.com\/wp-content\/uploads\/2024\/07\/82457.jpg\" class=\"attachment-full size-full wp-image-5857\" alt=\"\" srcset=\"https:\/\/galileeinvestment.com\/wp-content\/uploads\/2024\/07\/82457.jpg 750w, https:\/\/galileeinvestment.com\/wp-content\/uploads\/2024\/07\/82457-300x176.jpg 300w\" sizes=\"(max-width: 750px) 100vw, 750px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-0216cce\" data-id=\"0216cce\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-db172ac elementor-widget elementor-widget-heading\" data-id=\"db172ac\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-large\"><a href=\"https:\/\/www.khmertimeskh.com\/501495141\/average-land-value-in-phnom-penh-stabilised-to-4500-sq-metre-in-2023\/\" target=\"_blank\">Average land value in Phnom Penh stabilised to $4,500\/sq metre in 2023<\/a><\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bcc8ddb elementor-widget elementor-widget-text-editor\" data-id=\"bcc8ddb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-style: inherit; font-weight: inherit;\">While there was a slump in the real estate market post-Covid-19, 2022 and 2023 have shown signs of recovery. Land prices have gone up and the average land value in Phnom Penh stabilised to $4,500\/sq metre in 2023, as per a report by the Cambodian Valuers And Estate Agents Association (CVEA). <a href=\"https:\/\/www.khmertimeskh.com\/501495141\/average-land-value-in-phnom-penh-stabilised-to-4500-sq-metre-in-2023\/\" target=\"_blank\" rel=\"noopener\">Full article here (Khmer Times)<\/a>.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-fc3147f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"fc3147f\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-ab328eb\" data-id=\"ab328eb\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-bef1772 elementor-widget__width-initial elementor-widget elementor-widget-image\" data-id=\"bef1772\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.khmertimeskh.com\/501491452\/renting-your-property-in-cambodia-in-2024\/\" target=\"_blank\">\n\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"750\" height=\"500\" src=\"https:\/\/galileeinvestment.com\/wp-content\/uploads\/2024\/07\/Rental-Guide-Cambodoa.jpg\" class=\"attachment-full size-full wp-image-5856\" alt=\"\" srcset=\"https:\/\/galileeinvestment.com\/wp-content\/uploads\/2024\/07\/Rental-Guide-Cambodoa.jpg 750w, https:\/\/galileeinvestment.com\/wp-content\/uploads\/2024\/07\/Rental-Guide-Cambodoa-300x200.jpg 300w\" sizes=\"(max-width: 750px) 100vw, 750px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-ea74bb7\" data-id=\"ea74bb7\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1460afc elementor-widget elementor-widget-heading\" data-id=\"1460afc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-large\"><a href=\"https:\/\/www.khmertimeskh.com\/501491452\/renting-your-property-in-cambodia-in-2024\/\" target=\"_blank\">Renting Your Property In Cambodia In 2024<\/a><\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4fe0555 elementor-widget elementor-widget-text-editor\" data-id=\"4fe0555\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>With the number of condos and apartments increasing on the Cambodian market, especially in Phnom Penh, and a possible rebirth of Sihanoukville could be on the cards with the new strategic plans and inbound travel options rebounding, the rental market might be an area worth looking into \u2013 we have tried to bring some contemporary advice and tips into renting properties in Cambodia in 2024.\u00a0<a href=\"https:\/\/www.khmertimeskh.com\/501491452\/renting-your-property-in-cambodia-in-2024\/\" target=\"_blank\" rel=\"noopener\">Full article here (Khmer Times)<\/a>.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-45b4761 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"45b4761\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-b275be6\" data-id=\"b275be6\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-aa68ceb elementor-widget elementor-widget-image\" data-id=\"aa68ceb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.khmertimeskh.com\/501480599\/five-reasons-the-phnom-penh-southern-corridor-is-worth-investing-in\/\" target=\"_blank\">\n\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"750\" height=\"422\" src=\"https:\/\/galileeinvestment.com\/wp-content\/uploads\/2024\/07\/Phnom-Penh-South-Development.jpg\" class=\"attachment-full size-full wp-image-5855\" alt=\"\" srcset=\"https:\/\/galileeinvestment.com\/wp-content\/uploads\/2024\/07\/Phnom-Penh-South-Development.jpg 750w, https:\/\/galileeinvestment.com\/wp-content\/uploads\/2024\/07\/Phnom-Penh-South-Development-300x169.jpg 300w\" sizes=\"(max-width: 750px) 100vw, 750px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-cb4f4ba\" data-id=\"cb4f4ba\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ea533f2 elementor-widget elementor-widget-heading\" data-id=\"ea533f2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-large\"><a href=\"https:\/\/www.khmertimeskh.com\/501480599\/five-reasons-the-phnom-penh-southern-corridor-is-worth-investing-in\/\" target=\"_blank\">Five Reasons The Phnom Penh Southern Corridor Is Worth Investing In<\/a><\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b23979a elementor-widget elementor-widget-text-editor\" data-id=\"b23979a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The south of Cambodia\u2019s capital Phnom Penh is seeing some of the most drastic investment and urban change, much of it aligned to the potential opening of the new multi-billion dollar airport opening in 2025. <a href=\"https:\/\/www.khmertimeskh.com\/501480599\/five-reasons-the-phnom-penh-southern-corridor-is-worth-investing-in\/\" target=\"_blank\" rel=\"noopener\">Full article here (Khmer Times)<\/a>.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-feb9078 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"feb9078\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-ee9f1d4\" data-id=\"ee9f1d4\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ea92343 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"ea92343\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4075543 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4075543\" data-element_type=\"section\" data-e-type=\"section\" id=\"CPF\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-d230be0\" data-id=\"d230be0\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4943a5b elementor-widget elementor-widget-heading\" data-id=\"4943a5b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\"><a href=\"https:\/\/compounderfund.com\/\" target=\"_blank\">Compounder Fund<\/a><\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1752c8c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1752c8c\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-d47fc2d\" data-id=\"d47fc2d\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4d8d653 elementor-widget elementor-widget-text-editor\" data-id=\"4d8d653\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong><u>Fund Description:<\/u>\u00a0<\/strong><b style=\"font-style: inherit;\">Compounder Fund is an open-ended fund that focuses on long-term investing in public equities around the world. The investment strategy is to find Compounders \u2013 public-listed companies that are able to grow their businesses at high-rates over the long run \u2013 through holistic fundamental analysis and holding onto their shares for years. The Fund aims to generate a 12% annualised return, net of all fees, over the long-term.<\/b><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-275aaf8 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"275aaf8\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a78a9c6\" data-id=\"a78a9c6\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-cd9fff3 elementor-widget elementor-widget-heading\" data-id=\"cd9fff3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-large\">Fund Updates<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-40cf978 elementor-widget elementor-widget-text-editor\" data-id=\"40cf978\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">As of 30th June 2024, the fund\u2019s earliest series for its Class A shares is up 15.8% year-to-date compared to the S&amp;P 500 index which is up 18.5%.\u00a0 Since inception on 13 July 2020, the aforementioned series is down 0.8% compared to the S&amp;P 500 index which is up by 79.7%.<\/span><\/p><p><span style=\"font-weight: 400;\">Stocks in general continued their upward trend in the second quarter of 2024. Potential rate cuts and positive economic data may be behind some of optimism in the markets.<\/span><\/p><p><span style=\"font-weight: 400;\">From a portfolio perspective, Compounder Fund fully sold out its positions in Docusign and Etsy in June due to slowing growth and potentially more competition. The fund also trimmed positions in Costco and Chipotle due to stock prices reaching relatively higher valuations.<\/span><\/p><p><span style=\"font-weight: 400;\">The proceeds from the sales were used to start a new position in Nu Holdings. Nu Holdings is a digital banking platform in Latin America that is growing its user base at a quick pace, whilst maintaining high profitability. We are also impressed with the culture set by management, who appear to be truly focused on building sustainable long-term value even at the expanse of short-term pain.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7472d8d elementor-widget elementor-widget-text-editor\" data-id=\"7472d8d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>If you wish to find out more, please contact <a href=\"mailto:jeremy.chia@galileeinvestment.com\" target=\"_blank\" rel=\"noopener\">jeremy.chia@galileeinvestment.com.<\/a><\/p><p>Visit our website to get the latest updates on the Fund&#8217;s Performance and Investment Theses:\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cb5aef9 elementor-widget elementor-widget-button\" data-id=\"cb5aef9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/compounderfund.com\/\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Compounder fund website<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7838f10 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7838f10\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-b964b44\" data-id=\"b964b44\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e0695a4 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"e0695a4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-b9b22fd elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b9b22fd\" data-element_type=\"section\" data-e-type=\"section\" id=\"CDF\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7530c21\" data-id=\"7530c21\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-16cd45b elementor-widget elementor-widget-heading\" data-id=\"16cd45b\" data-element_type=\"widget\" data-e-type=\"widget\" id=\"CDF\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\"><a href=\"https:\/\/galileeinvestment.com\/zh\/cambodia-development-fund\/\" target=\"_blank\">Cambodia Development Fund<\/a><\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-e99a49c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e99a49c\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-df789ab\" data-id=\"df789ab\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-886c217 elementor-widget elementor-widget-text-editor\" data-id=\"886c217\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong><u>Fund Description:<\/u> The Fund was created to achieve a target annual compounded return of 18% net of fees through investment in residential real estate development in Cambodia. This closed-ended fund started in January 2020 and is targeted to close no later than December 2024. The target fund size is US$37 Million.\u00a0<\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7aaac8c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7aaac8c\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-b3431a0\" data-id=\"b3431a0\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a5401ed elementor-widget elementor-widget-heading\" data-id=\"a5401ed\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-large\">Fund Updates<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f576ddc elementor-widget elementor-widget-text-editor\" data-id=\"f576ddc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The Leedon Heights construction is progressing well.\u00a0<span style=\"font-size: 1rem;\">C<\/span><span style=\"font-size: 1rem;\">heck out the latest construction video and photo from the second week of July 2024.<\/span><span style=\"font-size: 1rem;\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-52aab85 elementor-widget elementor-widget-heading\" data-id=\"52aab85\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-large\">Construction Site Pictures<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-61411c0 elementor-arrows-position-inside elementor-pagination-position-outside elementor-widget elementor-widget-image-carousel\" data-id=\"61411c0\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;slides_to_show&quot;:&quot;1&quot;,&quot;navigation&quot;:&quot;both&quot;,&quot;autoplay&quot;:&quot;yes&quot;,&quot;pause_on_hover&quot;:&quot;yes&quot;,&quot;pause_on_interaction&quot;:&quot;yes&quot;,&quot;autoplay_speed&quot;:5000,&quot;infinite&quot;:&quot;yes&quot;,&quot;effect&quot;:&quot;slide&quot;,&quot;speed&quot;:500}\" data-widget_type=\"image-carousel.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-image-carousel-wrapper swiper\" role=\"region\" aria-roledescription=\"carousel\" aria-label=\"Image Carousel\" dir=\"ltr\">\n\t\t\t<div class=\"elementor-image-carousel swiper-wrapper\" aria-live=\"off\">\n\t\t\t\t\t\t\t\t<div class=\"swiper-slide\" role=\"group\" aria-roledescription=\"slide\" aria-label=\"1 of 12\"><figure class=\"swiper-slide-inner\"><img decoding=\"async\" class=\"swiper-slide-image\" src=\"https:\/\/galileeinvestment.com\/wp-content\/uploads\/2024\/07\/20240712-LDH-Weekly-Report-Jul-2024-W2_Page_22-1536x1038.jpg\" alt=\"20240712 LDH Weekly Report Jul 2024 W2_Page_22\" \/><\/figure><\/div><div class=\"swiper-slide\" role=\"group\" aria-roledescription=\"slide\" aria-label=\"2 of 12\"><figure class=\"swiper-slide-inner\"><img decoding=\"async\" class=\"swiper-slide-image\" src=\"https:\/\/galileeinvestment.com\/wp-content\/uploads\/2024\/07\/20240712-LDH-Weekly-Report-Jul-2024-W2_Page_23-1536x1005.jpg\" alt=\"20240712 LDH Weekly Report Jul 2024 W2_Page_23\" \/><\/figure><\/div><div class=\"swiper-slide\" role=\"group\" aria-roledescription=\"slide\" aria-label=\"3 of 12\"><figure class=\"swiper-slide-inner\"><img decoding=\"async\" class=\"swiper-slide-image\" src=\"https:\/\/galileeinvestment.com\/wp-content\/uploads\/2024\/07\/20240712-LDH-Weekly-Report-Jul-2024-W2_Page_24-1536x1032.jpg\" alt=\"20240712 LDH Weekly Report Jul 2024 W2_Page_24\" \/><\/figure><\/div><div class=\"swiper-slide\" role=\"group\" aria-roledescription=\"slide\" aria-label=\"4 of 12\"><figure class=\"swiper-slide-inner\"><img decoding=\"async\" class=\"swiper-slide-image\" src=\"https:\/\/galileeinvestment.com\/wp-content\/uploads\/2024\/07\/20240712-LDH-Weekly-Report-Jul-2024-W2_Page_25-1536x1037.jpg\" alt=\"20240712 LDH Weekly Report Jul 2024 W2_Page_25\" \/><\/figure><\/div><div class=\"swiper-slide\" role=\"group\" aria-roledescription=\"slide\" aria-label=\"5 of 12\"><figure class=\"swiper-slide-inner\"><img decoding=\"async\" class=\"swiper-slide-image\" src=\"https:\/\/galileeinvestment.com\/wp-content\/uploads\/2024\/07\/20240712-LDH-Weekly-Report-Jul-2024-W2_Page_26-1536x1035.jpg\" alt=\"20240712 LDH Weekly Report Jul 2024 W2_Page_26\" \/><\/figure><\/div><div class=\"swiper-slide\" role=\"group\" aria-roledescription=\"slide\" aria-label=\"6 of 12\"><figure class=\"swiper-slide-inner\"><img decoding=\"async\" class=\"swiper-slide-image\" src=\"https:\/\/galileeinvestment.com\/wp-content\/uploads\/2024\/07\/20240712-LDH-Weekly-Report-Jul-2024-W2_Page_27-1536x1032.jpg\" alt=\"20240712 LDH Weekly Report Jul 2024 W2_Page_27\" \/><\/figure><\/div><div class=\"swiper-slide\" role=\"group\" aria-roledescription=\"slide\" aria-label=\"7 of 12\"><figure class=\"swiper-slide-inner\"><img decoding=\"async\" class=\"swiper-slide-image\" src=\"https:\/\/galileeinvestment.com\/wp-content\/uploads\/2024\/07\/20240712-LDH-Weekly-Report-Jul-2024-W2_Page_28-1536x971.jpg\" alt=\"20240712 LDH Weekly Report Jul 2024 W2_Page_28\" \/><\/figure><\/div><div class=\"swiper-slide\" role=\"group\" aria-roledescription=\"slide\" aria-label=\"8 of 12\"><figure class=\"swiper-slide-inner\"><img decoding=\"async\" class=\"swiper-slide-image\" src=\"https:\/\/galileeinvestment.com\/wp-content\/uploads\/2024\/07\/20240712-LDH-Weekly-Report-Jul-2024-W2_Page_29-1536x974.jpg\" alt=\"20240712 LDH Weekly Report Jul 2024 W2_Page_29\" \/><\/figure><\/div><div class=\"swiper-slide\" role=\"group\" aria-roledescription=\"slide\" aria-label=\"9 of 12\"><figure class=\"swiper-slide-inner\"><img decoding=\"async\" class=\"swiper-slide-image\" src=\"https:\/\/galileeinvestment.com\/wp-content\/uploads\/2024\/07\/20240712-LDH-Weekly-Report-Jul-2024-W2_Page_30-1536x982.jpg\" alt=\"20240712 LDH Weekly Report Jul 2024 W2_Page_30\" \/><\/figure><\/div><div class=\"swiper-slide\" role=\"group\" aria-roledescription=\"slide\" aria-label=\"10 of 12\"><figure class=\"swiper-slide-inner\"><img decoding=\"async\" class=\"swiper-slide-image\" src=\"https:\/\/galileeinvestment.com\/wp-content\/uploads\/2024\/07\/20240712-LDH-Weekly-Report-Jul-2024-W2_Page_31-1536x972.jpg\" alt=\"20240712 LDH Weekly Report Jul 2024 W2_Page_31\" \/><\/figure><\/div><div class=\"swiper-slide\" role=\"group\" aria-roledescription=\"slide\" aria-label=\"11 of 12\"><figure class=\"swiper-slide-inner\"><img decoding=\"async\" class=\"swiper-slide-image\" src=\"https:\/\/galileeinvestment.com\/wp-content\/uploads\/2024\/07\/20240712-LDH-Weekly-Report-Jul-2024-W2_Page_32-1536x968.jpg\" alt=\"20240712 LDH Weekly Report Jul 2024 W2_Page_32\" \/><\/figure><\/div><div class=\"swiper-slide\" role=\"group\" aria-roledescription=\"slide\" aria-label=\"12 of 12\"><figure class=\"swiper-slide-inner\"><img decoding=\"async\" class=\"swiper-slide-image\" src=\"https:\/\/galileeinvestment.com\/wp-content\/uploads\/2024\/07\/20240712-LDH-Weekly-Report-Jul-2024-W2_Page_33-1536x971.jpg\" alt=\"20240712 LDH Weekly Report Jul 2024 W2_Page_33\" \/><\/figure><\/div>\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"elementor-swiper-button elementor-swiper-button-prev\" role=\"button\" tabindex=\"0\">\n\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"eicon-chevron-left\"><\/i>\t\t\t\t\t<\/div>\n\t\t\t\t\t<div class=\"elementor-swiper-button elementor-swiper-button-next\" role=\"button\" tabindex=\"0\">\n\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"eicon-chevron-right\"><\/i>\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<div class=\"swiper-pagination\"><\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-46295ac elementor-widget elementor-widget-heading\" data-id=\"46295ac\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-large\">Construction Site Video<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bd8da62 elementor-widget elementor-widget-video\" data-id=\"bd8da62\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;video_type&quot;:&quot;hosted&quot;,&quot;controls&quot;:&quot;yes&quot;}\" data-widget_type=\"video.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"e-hosted-video elementor-wrapper elementor-open-inline\">\n\t\t\t\t\t<video class=\"elementor-video\" src=\"https:\/\/galileeinvestment.com\/wp-content\/uploads\/2024\/07\/WhatsApp-Video-2024-07-17-at-4.25.38-PM.mp4\" controls=\"\" preload=\"metadata\" controlslist=\"nodownload\"><\/video>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1e74af3 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1e74af3\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-8a03b5a\" data-id=\"8a03b5a\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3de14b8 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"3de14b8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2d87c77 elementor-widget elementor-widget-heading\" data-id=\"2d87c77\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Contact us<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-58f6f7d elementor-widget elementor-widget-text-editor\" data-id=\"58f6f7d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-style: inherit; font-weight: inherit;\">Kindly email us at <\/span><a style=\"font-style: inherit; font-weight: inherit; background-color: #ffffff;\" href=\"mailto:investor_relations@galileeinvestment.com\" target=\"_blank\" rel=\"noopener\">investor_relations@galileeinvestment.com<\/a><span style=\"font-style: inherit; font-weight: inherit;\">&nbsp;or contact your usual Galilee contact if you have any questions, feedback or changes to your personal details. (Bank account, handphone, email address, residential address etc.)&nbsp;<\/span><span style=\"font-size: 1rem;\">Kindly also inform us if you cease to be an Accredited Investor under the SFA at any time.&nbsp;<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-95352a0 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"95352a0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d3eab0b elementor-widget elementor-widget-button\" data-id=\"d3eab0b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"http:\/\/investor_relations@galileeinvestment.com\/zh\/\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Email us<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-d495ce5 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"d495ce5\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-15db0bb\" data-id=\"15db0bb\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4d75dcd elementor-widget elementor-widget-heading\" data-id=\"4d75dcd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Disclaimer<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2b69ddd elementor-widget elementor-widget-text-editor\" data-id=\"2b69ddd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>This confidential Newsletter (\u201cNewsletter\u201d) has been prepared by Galilee Investment Management Pte Ltd (\u201cGalilee\u201d) for distribution to selected recipients only. This Newsletter is for information purposes and shall not be construed as investment advice or for marketing purposes. While reasonable care has been taken to prepare this document, the information contained herein may not be relied upon for accuracy or completeness; and any opinion or estimate contained in this document is subject to change without notice. This Newsletter must not be published, circulated, reproduced or distributed, in whole or part, to any other person without the prior consent from Galilee. Galilee makes no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this newsletter (article), will be profitable, equal any corresponding indicated historical performance level(s), or be suitable for your portfolio given changing market conditions. Please consult a professional investment consultant prior to making any investment decision.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>Q3 Investors&#8217; Newsletter July 2024 Galilee Investment Management Message from CEO \u00a0 Mr. Joseph Ong,\u00a0 CEO Dear Investors, I am excited to share some substantial developments and exciting progress we have achieved over the past quarter. It is with great pride that Monetary Authority of Singapore (MAS) has granted approval for our application to become [&hellip;]<\/p>","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"site-sidebar-layout":"no-sidebar","site-content-layout":"page-builder","ast-site-content-layout":"full-width-container","site-content-style":"unboxed","site-sidebar-style":"unboxed","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"disabled","ast-breadcrumbs-content":"","ast-featured-img":"disabled","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"class_list":["post-5847","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/galileeinvestment.com\/zh\/wp-json\/wp\/v2\/pages\/5847","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/galileeinvestment.com\/zh\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/galileeinvestment.com\/zh\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/galileeinvestment.com\/zh\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/galileeinvestment.com\/zh\/wp-json\/wp\/v2\/comments?post=5847"}],"version-history":[{"count":76,"href":"https:\/\/galileeinvestment.com\/zh\/wp-json\/wp\/v2\/pages\/5847\/revisions"}],"predecessor-version":[{"id":5966,"href":"https:\/\/galileeinvestment.com\/zh\/wp-json\/wp\/v2\/pages\/5847\/revisions\/5966"}],"wp:attachment":[{"href":"https:\/\/galileeinvestment.com\/zh\/wp-json\/wp\/v2\/media?parent=5847"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}