Re-rating should continue... Hold: Higher investment for new products roll-out Asia Essentials Surprise change in WTE/biomass power tariff mechanism Asia Chart of the Week: Quick check on exports Tenpay:ideal eco-system overlay Purchasing Gold Assets to Fuel Long‐term Growth USD500m five-year bond at 3.625%;reserve for new business The tide looks to have turned - raising TP by 42%; Buy Reverse Roadshow Takeaways - Part 3 - IPTV update