{"id":6606,"date":"2025-07-15T07:04:49","date_gmt":"2025-07-15T07:04:49","guid":{"rendered":"https:\/\/galileeinvestment.com\/?page_id=6606"},"modified":"2025-07-17T06:21:16","modified_gmt":"2025-07-17T06:21:16","slug":"q3-2025-newsletter","status":"publish","type":"page","link":"https:\/\/galileeinvestment.com\/zh\/q3-2025-newsletter","title":{"rendered":"Q3 2025 Newsletter"},"content":{"rendered":"<div data-elementor-type=\"wp-page\" data-elementor-id=\"6606\" class=\"elementor elementor-6606\">\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 2025<\/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 Chief operating Officer<\/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 decoding=\"async\" width=\"199\" height=\"200\" src=\"https:\/\/galileeinvestment.com\/wp-content\/uploads\/2023\/10\/franklin_team.png\" class=\"attachment-medium size-medium wp-image-4749\" alt=\"\" srcset=\"https:\/\/galileeinvestment.com\/wp-content\/uploads\/2023\/10\/franklin_team.png 199w, https:\/\/galileeinvestment.com\/wp-content\/uploads\/2023\/10\/franklin_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<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. Franklin Chua, CFA\u00a0<\/b><\/p><p><b>COO<\/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>It is my privilege to address you for the first time as Galilee\u2019s Chief Operating Officer. I am deeply honoured to step into this role and build upon the strong foundation that has been established. As we look ahead to the second half of 2025, I am excited by the momentum we\u2019ve gained and the opportunities that lie ahead.<\/p><p><span style=\"font-style: inherit; font-weight: inherit;\">This past quarter, Galilee marked several key milestones. We welcomed Mr. Frederick Tye, who will lead our Separately Managed Accounts with his strong investment expertise. Additionally, Mr. Edmund Koh joined as our Business Development Manager to drive strategic growth and strengthen investor relationships.<\/span><\/p><p><span style=\"font-style: inherit; font-weight: inherit;\">Our Investor Appreciation Party on 20 June 2025 was a meaningful celebration of our shared journey. We were glad to be able to allow a few of our Portfolio Managers to share their views about their fund! We also had lots of fun raising funds through a charity art auction for our main beneficiary, Cambodian Women&#8217;s Crisis Center. A big thank you to those who joined us and we hope to meet more of you at our future events.\u00a0<\/span><span style=\"font-style: inherit; font-weight: inherit;\">Your feedback is important to us so do reach out to us if you have any feedback on the event via this <a href=\"https:\/\/docs.google.com\/forms\/d\/e\/1FAIpQLScWKGVYr75ukWST3kYP-iLFszTbcrrFWtGQU2suPxC_iVA6eA\/viewform?usp=header\" target=\"_blank\" rel=\"noopener\">feedback form<\/a>.<\/span><\/p><p><span style=\"font-style: inherit; font-weight: inherit;\">Once again, t<\/span><span style=\"font-style: inherit; font-weight: inherit;\">hank you for your continued trust and support with Galilee. I look forward to working with our dedicated team to deliver excellence and to achieve new milestones together.<\/span><\/p><p><span style=\"font-style: inherit; font-weight: inherit;\">Do check out the fund specific updates by clicking on the button below!<\/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\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-640b9a0\" data-id=\"640b9a0\" 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-c65ced1 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"c65ced1\" 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=\"#VCF\">\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\">Vision Capital 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<div class=\"elementor-element elementor-element-5e42b5c e-flex e-con-boxed e-con e-parent\" data-id=\"5e42b5c\" 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-1549cc7 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"1549cc7\" 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\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-c39d041 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"c39d041\" 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-33f1542\" data-id=\"33f1542\" 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-3839a59 elementor-widget elementor-widget-heading\" data-id=\"3839a59\" 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\">Introduction of Our New Portfolio Manager (Frederick Tye) And Business Development Manager (Edmund Koh)<\/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-63285d6 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"63285d6\" 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-inner-column elementor-element elementor-element-e65aa86\" data-id=\"e65aa86\" 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-909f791 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"909f791\" 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>We\u2019re delighted to announce two new additions to the Galilee family:<\/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-inner-section elementor-element elementor-element-a1b5bb8 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a1b5bb8\" 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-412c820\" data-id=\"412c820\" 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-4e9d495 elementor-widget__width-initial elementor-widget elementor-widget-image\" data-id=\"4e9d495\" 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=\"150\" height=\"150\" src=\"https:\/\/galileeinvestment.com\/wp-content\/uploads\/2025\/07\/frederick-tye-150x150.png\" class=\"attachment-thumbnail size-thumbnail wp-image-6708\" alt=\"\" srcset=\"https:\/\/galileeinvestment.com\/wp-content\/uploads\/2025\/07\/frederick-tye-150x150.png 150w, https:\/\/galileeinvestment.com\/wp-content\/uploads\/2025\/07\/frederick-tye-12x12.png 12w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/>\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-acc625a elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"acc625a\" 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. Frederick Tye<\/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-179d529\" data-id=\"179d529\" 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-31cd94e elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"31cd94e\" 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>Mr. Frederick Tye&nbsp;<\/strong><span style=\"font-style: inherit; font-weight: inherit;\">holds a Bachelor of Science in Business Administration from the University of Southern California. He began his career as an analyst at hedge fund Blue Edge Advisors before transitioning into the logistics industry. He is currently Director at Embassy Freight Services, a global logistics company operating in over 60 cities.<\/span><\/p>\n<p data-start=\"440\" data-end=\"854\">In addition, Mr. Tye serves as an Independent Non-Executive Director and audit committee member at Omnibridge Holdings Ltd, a public HR and recruitment firm listed on the Hong Kong Stock Exchange. He previously held an executive role at Mustard Seed Capital, an asset management company, and has independently managed his family investment portfolio over the last six years, achieving an average CAGR of about 20%.<\/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-inner-section elementor-element elementor-element-de11c00 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"de11c00\" 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-0ff8e62\" data-id=\"0ff8e62\" 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-e341ee6 elementor-widget__width-initial elementor-widget elementor-widget-image\" data-id=\"e341ee6\" 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=\"150\" height=\"150\" src=\"https:\/\/galileeinvestment.com\/wp-content\/uploads\/2025\/07\/signal-2025-07-09-111614_002-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail wp-image-6693\" alt=\"\" srcset=\"https:\/\/galileeinvestment.com\/wp-content\/uploads\/2025\/07\/signal-2025-07-09-111614_002-150x150.jpg 150w, https:\/\/galileeinvestment.com\/wp-content\/uploads\/2025\/07\/signal-2025-07-09-111614_002-300x298.jpg 300w, https:\/\/galileeinvestment.com\/wp-content\/uploads\/2025\/07\/signal-2025-07-09-111614_002-1024x1018.jpg 1024w, https:\/\/galileeinvestment.com\/wp-content\/uploads\/2025\/07\/signal-2025-07-09-111614_002-768x764.jpg 768w, https:\/\/galileeinvestment.com\/wp-content\/uploads\/2025\/07\/signal-2025-07-09-111614_002-1536x1527.jpg 1536w, https:\/\/galileeinvestment.com\/wp-content\/uploads\/2025\/07\/signal-2025-07-09-111614_002-2048x2037.jpg 2048w, https:\/\/galileeinvestment.com\/wp-content\/uploads\/2025\/07\/signal-2025-07-09-111614_002-12x12.jpg 12w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/>\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-a9017e8 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"a9017e8\" 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. Edmund Koh<\/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-da1bc32\" data-id=\"da1bc32\" 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-7e3b4e1 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"7e3b4e1\" 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: bold;\">Mr. Edmund Koh<\/span>\u00a0brings over 12 years of real estate experience across Asia, with strengths in sales, marketing, and project development. He has led high-performing teams, managed major portfolios, and driven cross-border initiatives. He is known for his strategic leadership and results-driven approach. We look forward to the fresh perspective he brings as we expand in the region.<\/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-6c6adfd e-flex e-con-boxed e-con e-parent\" data-id=\"6c6adfd\" 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-5352f7c elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"5352f7c\" 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\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-df3613a e-flex e-con-boxed e-con e-parent\" data-id=\"df3613a\" 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-2922074 elementor-widget elementor-widget-heading\" data-id=\"2922074\" 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<h2 class=\"elementor-heading-title elementor-size-default\"><span style=\"font-size: 37px;text-transform: capitalize\"><i>Launch of New Separately Managed Accounts(SMAs) Services<\/i><\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3e34c22 elementor-widget elementor-widget-text-editor\" data-id=\"3e34c22\" 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>We are proud to announce the official launch of our Separately Managed Account (SMA) offering, effective 1 August 2025, under the management of our new Portfolio Manager, Mr. Frederick Tye. This new service is designed to provide investors with greater flexibility, enhanced transparency, and personalised portfolio solutions that align more closely with each individual\u2019s investment goals.<\/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<div class=\"elementor-element elementor-element-07f314f e-flex e-con-boxed e-con e-parent\" data-id=\"07f314f\" 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-e4f2ef4 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"e4f2ef4\" 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\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-80485dd e-flex e-con-boxed e-con e-parent\" data-id=\"80485dd\" 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-7ead56f elementor-widget elementor-widget-heading\" data-id=\"7ead56f\" 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<h2 class=\"elementor-heading-title elementor-size-default\"><span style=\"font-size: 37px;text-transform: capitalize\"><i>Celebrating 5 Years of Continuous Growth...<\/i><\/span><\/h2>\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<div class=\"elementor-element elementor-element-339cb4f e-flex e-con-boxed e-con e-parent\" data-id=\"339cb4f\" 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-e7e8efd elementor-widget elementor-widget-text-editor\" data-id=\"e7e8efd\" 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><a class=\"dGCAEBVXgkGQKLntuWxHvfKkpBSICAYQaUlZpU\" tabindex=\"0\" href=\"https:\/\/galileeinvestment.com\/zh\/\" target=\"_blank\" rel=\"noopener\" data-test-app-aware-link=\"\">Galilee <\/a>organized our Inaugural Investor Appreciation Party on 20 June 2025, held in conjunction with our 5 year anniversary, at the beautiful Seletar Country Club!<\/p><p>In partnership with <a class=\"dGCAEBVXgkGQKLntuWxHvfKkpBSICAYQaUlZpU\" tabindex=\"0\" href=\"https:\/\/www.linkedin.com\/company\/angkorartgallery\/\" target=\"_blank\" rel=\"noopener\" data-test-app-aware-link=\"\">Angkor Art Gallery<\/a>, we also organised a charity art auction, where proceeds from the auction sales went to our beneficiaries, Galilee Foundation and Cambodian Women\u2019s Crisis Center (CWCC), supporting underprivileged families and women who suffered from domestic violence, sexual abuse or human trafficking. Congratulations to all the winning bidders who walked home with a beautiful piece of art (and a Rolex watch), in support of a great cause!\u00a0<\/p><p>A big shout out to our generous sponsors: <a class=\"dGCAEBVXgkGQKLntuWxHvfKkpBSICAYQaUlZpU\" tabindex=\"0\" href=\"https:\/\/www.linkedin.com\/company\/crowe-singapore\/\" target=\"_blank\" rel=\"noopener\" data-test-app-aware-link=\"\">Crowe Singapore<\/a>, <a class=\"dGCAEBVXgkGQKLntuWxHvfKkpBSICAYQaUlZpU\" tabindex=\"0\" href=\"https:\/\/www.linkedin.com\/company\/nesuto-singapore\/\" target=\"_blank\" rel=\"noopener\" data-test-app-aware-link=\"\">Nesuto Singapore<\/a>, and the Mr Taitoon Lim from the Manhattan Life Foundation.<\/p><p>Last but not least, a BIG thank you to all our partners and investors who took the time to attend and celebrate this special day with us! Your presence and support made the occasion truly special.<\/p><p>Check out the posts and keep updated on Galilee&#8217;s\u00a0<a href=\"https:\/\/www.linkedin.com\/posts\/galilee-investment-management-pte-ltd_investingwithahigherpurpose-galileeinvestment-activity-7343230565405376514-Y9jh?utm_source=share&amp;utm_medium=member_desktop&amp;rcm=ACoAADDVxiABhX3lHxIBKmJkO_5-zv77p5VPiOU\" target=\"_blank\" rel=\"noopener\">LinkedIn<\/a> \u548c <a href=\"https:\/\/www.facebook.com\/share\/p\/1GW7FDUUKY\/?mibextid=wwXIfr\" target=\"_blank\" rel=\"noopener\">\u8138\u4e66<\/a>\u00a0page.<\/p><p><i><b>#InvestingWithaHigherPurpose<\/b><\/i><\/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-13ce15c elementor-arrows-position-inside elementor-pagination-position-outside elementor-widget elementor-widget-image-carousel\" data-id=\"13ce15c\" 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 10\"><figure class=\"swiper-slide-inner\"><img decoding=\"async\" class=\"swiper-slide-image\" src=\"https:\/\/galileeinvestment.com\/wp-content\/uploads\/2025\/07\/IMG_1612-768x512.jpg\" 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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\t<\/div>\n\t\t\t\t<\/div>\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-37d7e8b elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"37d7e8b\" 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-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>\u00a0The Fund adopts a diversified investment strategy focusing on sourcing and evaluating public and private fixed income products, specifically in areas of specialty financing, senior\/subordinate real estate backed debt, factoring\/trading financing, direct lending and corporate bonds, offered globally, to provide investors with a stable and consistent dividend yield through the market cycle.<\/strong><\/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-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\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-0f1b7d3 elementor-widget__width-initial 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 data-start=\"233\" data-end=\"419\">We are pleased to announce that <strong data-start=\"265\" data-end=\"294\">Galilee Fixed Income Fund<\/strong> has successfully completed its <strong data-start=\"326\" data-end=\"374\">largest redemption and reinvestment exercise<\/strong> since the Fund\u2019s inception in <strong data-start=\"405\" data-end=\"418\">July 2022<\/strong>.\u00a0<span style=\"font-style: inherit; font-weight: inherit;\">This milestone involved the full redemption of two short-term investment projects\u2014<\/span><strong style=\"font-style: inherit;\" data-start=\"503\" data-end=\"526\">GTECH Bridging Loan<\/strong><span style=\"font-style: inherit; font-weight: inherit;\"> \u548c <\/span><strong style=\"font-style: inherit;\" data-start=\"531\" data-end=\"555\">26 HA Land Financing<\/strong><span style=\"font-style: inherit; font-weight: inherit;\">\u2014each with maturities ranging from <\/span><strong style=\"font-style: inherit;\" data-start=\"590\" data-end=\"609\">12 to 24 months<\/strong><span style=\"font-style: inherit; font-weight: inherit;\">. Following their successful exit, investors were presented with a reinvestment opportunity, demonstrating continued confidence in the Fund\u2019s strategy and management.<\/span><\/p><p data-start=\"777\" data-end=\"1033\">Since inception, the Fund has delivered a <strong data-start=\"819\" data-end=\"862\">consistent annualized return of over 9%<\/strong>, with <strong data-start=\"869\" data-end=\"899\">quarterly dividend payouts<\/strong> \u548c <strong data-start=\"904\" data-end=\"950\">no defaults across 12 consecutive quarters<\/strong>, highlighting our commitment to capital preservation and steady income generation.<\/p><p data-start=\"1035\" data-end=\"1280\">Looking ahead, Galilee Fixed Income Fund will continue to deploy capital into <strong data-start=\"1113\" data-end=\"1158\">Cambodia-centric investment opportunities<\/strong> over the next <strong data-start=\"1173\" data-end=\"1192\">12 to 24 months<\/strong>, where we continue to identify robust growth potential aligned with our target returns.\u00a0<span style=\"font-style: inherit; font-weight: inherit;\">We look forward to sharing details on several upcoming projects currently under evaluation.<\/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-01a3049 elementor-widget elementor-widget-text-editor\" data-id=\"01a3049\" 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>Emerald Hotel Chain Expansion<\/strong><\/span><\/p><p>Emerald Hotel Residence is a completed budget focused hotel located in the heart of Phnom Penh, known for its affordable and comfortable accommodations, high occupancy rates, and strong guest ratings. Building on its success, we are now raising funds to expand the hotel chain across Cambodia.<\/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<div class=\"elementor-element elementor-element-00e82dd e-flex e-con-boxed e-con e-parent\" data-id=\"00e82dd\" 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-377abf9 elementor-arrows-position-inside elementor-pagination-position-outside elementor-widget elementor-widget-image-carousel\" data-id=\"377abf9\" 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 6\"><figure class=\"swiper-slide-inner\"><img decoding=\"async\" class=\"swiper-slide-image\" src=\"https:\/\/galileeinvestment.com\/wp-content\/uploads\/2025\/07\/502543363-768x432.jpg\" alt=\"502543363\" \/><\/figure><\/div><div class=\"swiper-slide\" role=\"group\" aria-roledescription=\"slide\" aria-label=\"2 of 6\"><figure class=\"swiper-slide-inner\"><img decoding=\"async\" class=\"swiper-slide-image\" src=\"https:\/\/galileeinvestment.com\/wp-content\/uploads\/2025\/07\/503043957-768x512.jpg\" alt=\"503043957\" \/><\/figure><\/div><div class=\"swiper-slide\" role=\"group\" aria-roledescription=\"slide\" aria-label=\"3 of 6\"><figure class=\"swiper-slide-inner\"><img decoding=\"async\" class=\"swiper-slide-image\" src=\"https:\/\/galileeinvestment.com\/wp-content\/uploads\/2025\/07\/503044128-768x512.jpg\" alt=\"503044128\" \/><\/figure><\/div><div class=\"swiper-slide\" role=\"group\" aria-roledescription=\"slide\" aria-label=\"4 of 6\"><figure class=\"swiper-slide-inner\"><img decoding=\"async\" class=\"swiper-slide-image\" src=\"https:\/\/galileeinvestment.com\/wp-content\/uploads\/2025\/07\/503047617-768x512.jpg\" alt=\"503047617\" \/><\/figure><\/div><div class=\"swiper-slide\" role=\"group\" aria-roledescription=\"slide\" aria-label=\"5 of 6\"><figure class=\"swiper-slide-inner\"><img decoding=\"async\" class=\"swiper-slide-image\" src=\"https:\/\/galileeinvestment.com\/wp-content\/uploads\/2025\/07\/503047621-768x512.jpg\" alt=\"503047621\" \/><\/figure><\/div><div class=\"swiper-slide\" role=\"group\" aria-roledescription=\"slide\" aria-label=\"6 of 6\"><figure class=\"swiper-slide-inner\"><img decoding=\"async\" class=\"swiper-slide-image\" src=\"https:\/\/galileeinvestment.com\/wp-content\/uploads\/2025\/07\/503043941-768x512.jpg\" alt=\"503043941\" \/><\/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\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-8510a3f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"8510a3f\" 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-3754f06\" data-id=\"3754f06\" 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-3c5f1b1 elementor-widget elementor-widget-text-editor\" data-id=\"3c5f1b1\" 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>Data Center Expansion<\/strong><\/span><\/p><p data-start=\"207\" data-end=\"391\">The <strong data-start=\"211\" data-end=\"226\">Data Center<\/strong>, a fully constructed and operational asset located in <strong data-start=\"263\" data-end=\"287\">Phnom Penh, Cambodia<\/strong>, forms a key component of the <strong data-start=\"318\" data-end=\"350\">Global Tech Exchange Project<\/strong> and is operated by <strong data-start=\"370\" data-end=\"390\">ByteDC Solutions<\/strong>.<\/p><p data-start=\"393\" data-end=\"675\">We have identified compelling opportunities in Cambodia\u2019s emerging data center leasing market, driven a <strong data-start=\"513\" data-end=\"544\">Fit-Lease operational model<\/strong>. This model enables scalable deployment of infrastructure tailored to client requirements while optimizing operational efficiency.<\/p><p data-start=\"677\" data-end=\"1082\">A recent <strong data-start=\"686\" data-end=\"742\">Memorandum of Understanding (MOU) signed with Huawei<\/strong> further affirms the strategic growth potential of the Cambodian digital infrastructure sector. ByteDC solutions had su<span class=\"OYPEnA font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">ccessfully raised $13M in funding to <\/span>be allocated toward <strong data-start=\"880\" data-end=\"958\">fitting out the existing facility with Huawei\u2019s state-of-the-art equipment<\/strong>, enabling the provision of <strong data-start=\"986\" data-end=\"1025\">world-class cloud and data services<\/strong> to enterprises in Cambodia and the broader ASEAN region.<\/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<div class=\"elementor-element elementor-element-40f5dae e-flex e-con-boxed e-con e-parent\" data-id=\"40f5dae\" 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-0b0dabc elementor-arrows-position-inside elementor-pagination-position-outside elementor-widget elementor-widget-image-carousel\" data-id=\"0b0dabc\" 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 3\"><figure class=\"swiper-slide-inner\"><img decoding=\"async\" class=\"swiper-slide-image\" src=\"https:\/\/galileeinvestment.com\/wp-content\/uploads\/2025\/07\/Up7EMAG8LAOC5poe8TExtA0LY-768x576.avif\" alt=\"Up7EMAG8LAOC5poe8TExtA0LY\" \/><\/figure><\/div><div class=\"swiper-slide\" role=\"group\" aria-roledescription=\"slide\" aria-label=\"2 of 3\"><figure class=\"swiper-slide-inner\"><img decoding=\"async\" class=\"swiper-slide-image\" src=\"https:\/\/galileeinvestment.com\/wp-content\/uploads\/2025\/07\/Picture3.png\" alt=\"Picture3\" \/><\/figure><\/div><div class=\"swiper-slide\" role=\"group\" aria-roledescription=\"slide\" aria-label=\"3 of 3\"><figure class=\"swiper-slide-inner\"><img decoding=\"async\" class=\"swiper-slide-image\" src=\"https:\/\/galileeinvestment.com\/wp-content\/uploads\/2025\/07\/ByteDC.png\" alt=\"ByteDC\" \/><\/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\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-e5a2f6d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e5a2f6d\" 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-a7c1deb\" data-id=\"a7c1deb\" 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-72a0186 elementor-widget elementor-widget-text-editor\" data-id=\"72a0186\" 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>Urban City Campus Development \u2013 Phase 1 of the Global University Township<\/strong><\/span><\/p>\n<p>We have identified a strategically located parcel of land in Sen Sok, Phnom Penh, adjacent to AEON Mall 2 and the Australian International School, for the development of an Urban City Campus. This marks Phase 1 of the Global University Township, an ambitious initiative to transform an existing operational Cambodian university into a world-class University in Cambodia.<\/p>\n<p>The Sen Sok district is rapidly transforming into an emerging educational hub, underpinned by significant investments in high-quality learning infrastructure. Notably, Shrewsbury International School, a prestigious UK-based institution, has announced the launch of its 7-hectare flagship campus in Sen Sok, with state-of-the-art facilities catering to early years, primary, and secondary students. This reinforces the area&#8217;s growing reputation as a magnet for international education.<\/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<div class=\"elementor-element elementor-element-af19323 e-flex e-con-boxed e-con e-parent\" data-id=\"af19323\" 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-1484aac elementor-arrows-position-inside elementor-pagination-position-outside elementor-widget elementor-widget-image-carousel\" data-id=\"1484aac\" 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 1\"><figure class=\"swiper-slide-inner\"><img decoding=\"async\" class=\"swiper-slide-image\" src=\"https:\/\/galileeinvestment.com\/wp-content\/uploads\/2025\/07\/Picture4.jpg\" alt=\"Picture4\" \/><\/figure><\/div>\t\t\t<\/div>\n\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\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2bb6cf9 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2bb6cf9\" 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-fb8b830\" data-id=\"fb8b830\" 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-ea7dcff elementor-widget elementor-widget-text-editor\" data-id=\"ea7dcff\" 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=\"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<div class=\"elementor-element elementor-element-f4f575e e-flex e-con-boxed e-con e-parent\" data-id=\"f4f575e\" 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-768a5ef elementor-widget elementor-widget-heading\" data-id=\"768a5ef\" 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\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-e20f669 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e20f669\" 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-68a52ca\" data-id=\"68a52ca\" 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-e98ebae elementor-widget elementor-widget-image\" data-id=\"e98ebae\" 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\/501709974\/is-buying-off-plan-property-in-cambodia-the-smart-move-for-investors-and-homebuyers\/?utm_source=chatgpt.com\" 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\/2025\/07\/Buying-Condo-Off-Plan-Cambodia.jpg\" class=\"attachment-large size-large wp-image-6633\" alt=\"\" srcset=\"https:\/\/galileeinvestment.com\/wp-content\/uploads\/2025\/07\/Buying-Condo-Off-Plan-Cambodia.jpg 750w, https:\/\/galileeinvestment.com\/wp-content\/uploads\/2025\/07\/Buying-Condo-Off-Plan-Cambodia-300x176.jpg 300w, https:\/\/galileeinvestment.com\/wp-content\/uploads\/2025\/07\/Buying-Condo-Off-Plan-Cambodia-18x12.jpg 18w\" 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-a8d3975\" data-id=\"a8d3975\" 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-bc4d70f elementor-widget elementor-widget-heading\" data-id=\"bc4d70f\" 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\/501709974\/is-buying-off-plan-property-in-cambodia-the-smart-move-for-investors-and-homebuyers\/?utm_source=chatgpt.com\" target=\"_blank\">Is Buying Off\u2011Plan Property in Cambodia the Smart Move for Investors and Homebuyers?<\/a><\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e0f50de elementor-widget elementor-widget-text-editor\" data-id=\"e0f50de\" 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>There are indications from the Cambodian real estate sector that the market is showing signs of recovery in 2025, supported by fresh supply and sustained investor interest, as highlighted by reports from the National Bank of Cambodia (NBC) and government officials. <a class=\"\" href=\"https:\/\/www.khmertimeskh.com\/501709974\/is-buying-off-plan-property-in-cambodia-the-smart-move-for-investors-and-homebuyers\/?utm_source=chatgpt.com\" target=\"_blank\" rel=\"noopener\" data-start=\"329\" data-end=\"510\">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-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:\/\/bambooroutes.com\/blogs\/news\/cambodia-price-forecasts?utm_source=chatgpt.com\" target=\"_blank\">\n\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"2500\" height=\"1406\" src=\"https:\/\/galileeinvestment.com\/wp-content\/uploads\/2025\/07\/cambodia_buying_property_foreigner.webp\" class=\"attachment-full size-full wp-image-6634\" alt=\"\" srcset=\"https:\/\/galileeinvestment.com\/wp-content\/uploads\/2025\/07\/cambodia_buying_property_foreigner.webp 2500w, https:\/\/galileeinvestment.com\/wp-content\/uploads\/2025\/07\/cambodia_buying_property_foreigner-300x169.webp 300w, https:\/\/galileeinvestment.com\/wp-content\/uploads\/2025\/07\/cambodia_buying_property_foreigner-1024x576.webp 1024w, https:\/\/galileeinvestment.com\/wp-content\/uploads\/2025\/07\/cambodia_buying_property_foreigner-768x432.webp 768w, https:\/\/galileeinvestment.com\/wp-content\/uploads\/2025\/07\/cambodia_buying_property_foreigner-1536x864.webp 1536w, https:\/\/galileeinvestment.com\/wp-content\/uploads\/2025\/07\/cambodia_buying_property_foreigner-2048x1152.webp 2048w, https:\/\/galileeinvestment.com\/wp-content\/uploads\/2025\/07\/cambodia_buying_property_foreigner-18x10.webp 18w\" sizes=\"(max-width: 2500px) 100vw, 2500px\" \/>\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:\/\/bambooroutes.com\/blogs\/news\/cambodia-price-forecasts?utm_source=chatgpt.com\" target=\"_blank\">Are Cambodia Property Prices Going Up in 2025?<\/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>Cambodia\u2019s growing property market is supported by strong economic fundamentals, 6.1% GDP growth forecast, moderating inflation, and continued low benchmark interest rates. Developer financing and attractive mortgage schemes for foreigners are helping sustain buyer demand. With rental yields averaging 7.4% nationwide (6\u201310% in key locations), real estate remains a compelling hedge against inflation. <a style=\"background-color: #ffffff;\" href=\"https:\/\/bambooroutes.com\/blogs\/news\/cambodia-price-forecasts?utm_source=chatgpt.com\" target=\"_blank\" rel=\"noopener noreferrer\" data-start=\"429\" data-end=\"549\" data-is-last-node=\"\">Full article here (Bamboo Routes)<\/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-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\/501694357\/investment-market-analysis-2025-cambodia-condominium-report-where-do-the-buyers-come-from\/\" 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\/2025\/07\/BKK1-Property-Phnom-Penh-750x440-1.jpg\" class=\"attachment-full size-full wp-image-6635\" alt=\"\" srcset=\"https:\/\/galileeinvestment.com\/wp-content\/uploads\/2025\/07\/BKK1-Property-Phnom-Penh-750x440-1.jpg 750w, https:\/\/galileeinvestment.com\/wp-content\/uploads\/2025\/07\/BKK1-Property-Phnom-Penh-750x440-1-300x176.jpg 300w, https:\/\/galileeinvestment.com\/wp-content\/uploads\/2025\/07\/BKK1-Property-Phnom-Penh-750x440-1-18x12.jpg 18w\" 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\/501694357\/investment-market-analysis-2025-cambodia-condominium-report-where-do-the-buyers-come-from\/\" target=\"_blank\">Investment &amp; Market Analysis 2025 \u2013 Cambodia Condominium Report \u2013 Where Do The Buyers Come From?<\/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>While international buyers still dominate real estate sales, local Cambodians now account for 18.2% of purchases, drawn by modern lifestyles and convenience. Developers are responding with enhanced quality, flexible payment plans (up to 50% due at completion), and a focus on livability. A \u201cflight to quality\u201d is underway, especially in centrally located and well-built projects.\u00a0<a href=\"https:\/\/www.khmertimeskh.com\/501694357\/investment-market-analysis-2025-cambodia-condominium-report-where-do-the-buyers-come-from\/\" 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:\/\/ips-cambodia.com\/phnom-penh-condo-market-trends-2025\/?utm_source=chatgpt.com\" target=\"_blank\">\n\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1640\" height=\"924\" src=\"https:\/\/galileeinvestment.com\/wp-content\/uploads\/2025\/07\/Phnom-Penh-Condo-Market-Trends-2025-.jpg\" class=\"attachment-full size-full wp-image-6636\" alt=\"\" srcset=\"https:\/\/galileeinvestment.com\/wp-content\/uploads\/2025\/07\/Phnom-Penh-Condo-Market-Trends-2025-.jpg 1640w, https:\/\/galileeinvestment.com\/wp-content\/uploads\/2025\/07\/Phnom-Penh-Condo-Market-Trends-2025--300x169.jpg 300w, https:\/\/galileeinvestment.com\/wp-content\/uploads\/2025\/07\/Phnom-Penh-Condo-Market-Trends-2025--1024x577.jpg 1024w, https:\/\/galileeinvestment.com\/wp-content\/uploads\/2025\/07\/Phnom-Penh-Condo-Market-Trends-2025--768x433.jpg 768w, https:\/\/galileeinvestment.com\/wp-content\/uploads\/2025\/07\/Phnom-Penh-Condo-Market-Trends-2025--1536x865.jpg 1536w, https:\/\/galileeinvestment.com\/wp-content\/uploads\/2025\/07\/Phnom-Penh-Condo-Market-Trends-2025--18x10.jpg 18w\" sizes=\"(max-width: 1640px) 100vw, 1640px\" \/>\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:\/\/ips-cambodia.com\/phnom-penh-condo-market-trends-2025\/?utm_source=chatgpt.com\" target=\"_blank\">Phnom Penh Condo Market Trends 2025<\/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>Phnom Penh\u2019s condominium market has cooled notably in 2025 after a boom from 2016 to 2021, with supply doubling to around 60,000 units and prices dropping 15\u201320% from their 2019 peak. Entry-level condos now range between US\u202f$1,500\u20132,200\/m\u00b2, rental vacancy has eased to ~15%, and net rental yields remain strong at 6.5\u20138%, particularly for larger units in central areas,indicating gradual market stabilisation and growth. <a href=\"https:\/\/ips-cambodia.com\/phnom-penh-condo-market-trends-2025\/?utm_source=chatgpt.com\" target=\"_blank\" rel=\"noopener\">Full article here (IPS Cambodia).<\/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>&nbsp;<\/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 2025, the fund\u2019s earliest series of its Class A shares was positive 0.9% year-to-date compared to the S&amp;P 500 index, which was down 1.1% in Singapore dollar terms.\u00a0 Since inception on 13 July 2020, the aforementioned series was up 12.2% compared to the S&amp;P 500 index which was up by 94.4%.<\/span><\/p><p><span style=\"font-weight: 400;\">The second quarter of 2025 has been particularly volatile, with stocks in the USA dropping sharply in late-March and early-April following the Trump administration\u2019s aggressive tariff plans. But just a few weeks later, the US government\u2019s temporary softening of its stance on tariffs appeased the market, with stocks rebounding strongly. Since then, there have been other pressing news, such as the escalation of the conflict between Iran and Israel, with the USA potentially being dragged through the mud. Despite this, markets have held relatively steady.<\/span><\/p><p><span style=\"font-weight: 400;\">From a portfolio perspective, Compounder Fund\u2019s portfolio saw similar volatility in April but ultimately, the fund\u2019s return for the earliest series of its Class A shares was mostly flat in April and up 7.7% and 2.9% in May and June respectively. The weakening of the US dollar against the Singapore dollar, however, has a negative effect on the portfolio\u2019s performance. The US dollar fell from US$1-to-S$1.34 in March to around US$1-to-S$1.27, which has caused a drag of around 5% to the portfolio\u2019s performance in Singapore-dollar terms during the quarter.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">Fundamentally, most of the stocks in Compounder Fund\u2019s portfolio reported a strong set of results for the past quarter.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">In the last newsletter, we highlighted the strong performance of Meta, which is the largest position in the portfolio. Meta again performed admirably in the first quarter of 2025.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">This quarter, we are highlighting Mercado Libre, the fund\u2019s third-largest holding. In the first quarter of 2025, the Latin American e-commerce and digital payments giant reported a 17% increase in gross merchandise value and a 43% increase in transaction payment volume, two key metrics for the company. Consequently, revenue grew 37% and net profit soared 82% as the company continues to enjoy greater operating leverage. Although Mercado Libre\u2019s stock price is up around 50% so far this year, we think there is room for considerably more growth given the strong fundamentals of the business and relatively reasonable valuation.<\/span><\/p><p><span style=\"font-weight: 400;\">We also added one new position in the portfolio in the form of Shinhan Financial Group, which owns Shinhan Bank. Shinhan Bank is one of the largest banks in South Korea. When we first purchased its shares, its stock was trading at just 0.6x book value. South Korea\u2019s government has pushed for companies in the country to improve their returns on equity and return more cash to shareholders. Shinhan Financial Group has duly obliged. Shinhan Financial Group is also making use of its low share price by buying back stock aggressively. We believe the combined effect of higher profitability and opportunistic buybacks will allow shareholders to reap good returns as the market rerates Shinhan Financial Group\u2019s valuation.<\/span><\/p><p><span style=\"font-weight: 400;\">Overall, the results of Compounder Fund\u2019s portfolio companies continue to be positive and we believe, barring unforeseen circumstances, our portfolio companies can continue to enjoy strong long-term growth in their businesses.<\/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-5cd76c8 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5cd76c8\" 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-5694818\" data-id=\"5694818\" 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-ff0a09e elementor-widget elementor-widget-heading\" data-id=\"ff0a09e\" data-element_type=\"widget\" data-e-type=\"widget\" id=\"VCF\" 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\">VC VISION CAPITAL VCC - Sub-Fund 1 <br>Vision Capital 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-4b39490 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4b39490\" 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-723af11\" data-id=\"723af11\" 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-2d381a2 elementor-widget elementor-widget-text-editor\" data-id=\"2d381a2\" 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><span style=\"text-decoration: underline;\">Fund Description:<\/span> Vision Capital Fund is an open-ended fund that focuses on long-only global equities. This fund aims to deliver superior, sustainable, compelling long-term (over five years and more) returns for investors by investing in the stock market, specifically in quality, durable, and innovative compounders, riding secular tailwinds that can grow profitably and durably well for a long time at high rates of returns.<\/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-ac5fa6a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ac5fa6a\" 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-007c386\" data-id=\"007c386\" 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-7c7793a elementor-widget elementor-widget-heading\" data-id=\"7c7793a\" 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-e256553 elementor-widget elementor-widget-text-editor\" data-id=\"e256553\" 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;\">As of Jun 30, 2025, Vision Capital Fund\u2019s Class A shares are up +11.8% year-to-date compared to the S&amp;P 500\u2019s +6.2%.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Since its inception (Oct 1, 2024), we have continued our early outperformance, up +23.7% compared to the S&amp;P 500\u2019s +8.8%.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Vision Capital Fund experienced its most significant intra-period peak-to-trough drawdown of -23.6%, which was larger than the -16.8% for the S&amp;P 500 (February 14 \u2013 April 4, 2025), as expected. This was driven by broad market concerns about escalating US trade policy (culminating in the April 2, 2025, Trump Liberation Day Tariffs), which would result in moderating earnings growth and increasing economic uncertainty. While that weighed heavily on short-term sentiment, the holdings of the Vision Capital Fund remain broadly intact, as most of the companies sell services rather than goods, and even companies that sold goods were not significantly impacted.&nbsp;&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Thus, we saw that as an attractive buying opportunity. Our investors resonated with our calls in Mar-May 2025 to lean into the attractive broad market declines, resulting in a significant inflow of capital. That provided us with an advantage, allowing us to deploy some of that capital to add to several of our existing holdings at attractive prices. Just as quickly, the markets have recovered post-Trump\u2019s policy reversal on April 9, 2025, with its 90-day tariff pause. Accordingly, Vision Capital Fund rebounded stronger and faster as sentiment rapidly reversed course, driven by strong company fundamentals, following the strong Q1 2025 earnings season reported in Q2.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Overall, most of the holdings in the Vision Capital Fund remain reasonably priced, and we remain optimistic about their strong long-term business prospects. However, at current prices, while we see some attractive long-term opportunities for us to add to, they are fewer than before. We continue to maintain high discipline in deploying any additional capital we have on hand to ensure attractive long-term returns.<\/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-51c8759 elementor-widget elementor-widget-text-editor\" data-id=\"51c8759\" 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 about investing with Vision Capital Fund, don&#8217;t hesitate to get in touch with\u00a0<a href=\"\/zh\/eugene.ng@visioncapitalfund.co\/\">eugene.ng@visioncapitalfund.co<\/a>.<\/p><p>Similarly, you can visit our website to find out more:<\/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-3452d50 elementor-widget elementor-widget-button\" data-id=\"3452d50\" 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:\/\/visioncapitalfund.co\/\" 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\">Vision Capital 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-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<div class=\"elementor-element elementor-element-330a735 e-flex e-con-boxed e-con e-parent\" data-id=\"330a735\" 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-78576f9 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"78576f9\" 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\t\t<\/div>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>Q3 Investors&#8217; Newsletter July 2025 Galilee Investment Management Message from Chief operating Officer \u00a0 Mr. Franklin Chua, CFA\u00a0 COO Dear Investors, It is my privilege to address you for the first time as Galilee\u2019s Chief Operating Officer. I am deeply honoured to step into this role and build upon the strong foundation that has been [&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-6606","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/galileeinvestment.com\/zh\/wp-json\/wp\/v2\/pages\/6606","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=6606"}],"version-history":[{"count":77,"href":"https:\/\/galileeinvestment.com\/zh\/wp-json\/wp\/v2\/pages\/6606\/revisions"}],"predecessor-version":[{"id":7004,"href":"https:\/\/galileeinvestment.com\/zh\/wp-json\/wp\/v2\/pages\/6606\/revisions\/7004"}],"wp:attachment":[{"href":"https:\/\/galileeinvestment.com\/zh\/wp-json\/wp\/v2\/media?parent=6606"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}