City Developments Limited (CDEVY) Q2 2026 Earnings Call Transcript

Good morning, ladies and gentlemen, friends from the media, analysts, bankers, investors and fellow CDL colleagues. My name is Belinda, and I'm the Head of Investor Relations and Corporate Communications at CDL. On behalf of the CDL management, welcome to CDL's briefing on its unaudited financial results for half year ended 30 June, 2026. Now, this is a hybrid briefing format, with both in-person here at the M Hotel Singapore and those joining us virtually on the live webcast. Thank you for being here. I know it's a very busy financial reporting season and to see so many in this room brings us much joy. So, thank you all for being here. So for today's briefing, in line with CDL's commitment to environmental sustainability, we will not be providing printed materials. Instead, please scan the QR code on the screen to download several documents that were uploaded on SGXNet this morning. They include a copy of the detailed financial results statement, a press release summarizing some of the key highlights of our performance, a presentation deck that the management will be using in a very short while. Now, for our guests that are joining us virtually, you