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Market Commentary Disclaimers
This write up, commentary or report (collectively “Report”) is strictly confidential and is issued by Affin Hwang Investment Bank (14389-U) (hereinafter referred to as “the Bank”) on the basis that it is only for the information of the particular person to whom it was provided.
This Report has been prepared by our sales, trading and/or marketing employees covering market events, market conditions, companies, financial instruments including derivatives, commodities, interest rates or currencies and as such does not constitute independent research or investment advice prepared by the Bank’s licensed Research Analysts. The information herein is not intended to constitute “research” or “investment advice” as it is defined by applicable laws, rules or regulations of the jurisdiction from which this Report is sent.
This Report has been prepared for information purposes only and is not intended as an offer to sell or a solicitation to buy any securities, foreign exchange, derivatives or other product and does not take into account your investment objectives, financial situation, risk, return preferences and particular needs. In providing this Report, the Bank is not making any recommendation to buy any securities, foreign exchange, derivatives or other product and the information provided should not be taken as investment advice.
The contents in the Report does not constitute independent investment advice or independent recommendation relating to an investment, hedging or trading strategy and as such does not constitute guarantees of future market performance. It has been prepared without regard to your individual financial circumstances and your objectives. The Bank has no obligation to update its opinion or the information in this report and the Bank recommends that you independently evaluate particular investments and strategies and seek the advice of a financial adviser prior to entering into any transaction. The appropriateness of a particular investment or strategy will depend on your individual circumstances and objectives.
The information herein was obtained or derived from sources that the Bank believes are reliable, but while all reasonable care has been taken to ensure that statements herein are presented accurately and our opinions are fair and reasonable based on such sources, we do not represent that the information and statements herein are adequate, accurate, reliable or complete and they should not be relied upon as such. All opinions and estimates included in this report constitute our views as of this date and are subject to change without notice.
Members of the Bank and its related companies and Affin Banking Group, its affiliates and each of their directors, officers, employees and agents (“Relevant Persons”) may provide investment banking or other services to any company and affiliates of such companies whose securities or other products are mentioned herein, may from time to time have an interest or a position in or related to the securities, foreign exchange, derivatives or products mentioned herein and may trade or otherwise effect transactions for their own account or the accounts of their customers. The Relevant Persons may also seek investment banking or other services from companies which have an interest in the securities or products discussed / covered in this report or previous reports by the Bank or make investment decisions or take proprietary positions that are inconsistent with the recommendations or views in this Report. You should be aware that any or all of the foregoing, among other things, may give rise to real or potential conflicts of interest.
The Bank is not acting as your advisor and does not owe any fiduciary duties to you and no reliance may be placed on us for advice, strategy, ideas or recommendations of any sort in connection with this Report. Nothing in this Report shall constitute legal, accounting or tax advice, or a representation that any transaction or investment is appropriate for you.
The Bank makes no representations or warranties, express or implied, with respect to the accuracy of the information in this Report or its fitness for any particular purpose and does not accept any liability (including, but not limited to, any direct, indirect or consequential losses, loss of profits and damages) for any use you or your advisors may make of the contents of this Report or for any loss that may arise from the use of this Report or reliance by any person upon the information or opinions provided in this Report.
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