Portfolio Cost: S$556, 740 Portfolio Market Value: S$713, 536 Portfolio Overall Unrealized Profit: +S$156, 796 (+28.16%) Portfolio XIRR (1H 2023): -3.7% (inclusive of dividends) Dividends Collected (1H 2023): S$22, 203 (+35.1% yoy) Total Cumulative Dividends (2010 - 1H 2023): S$263, 709 Current Cash Warchest: S$21, 470 (*All figures are accurate as of 30 June 2023) Portfolio Actions in Q2 2023:

• Full divestment of Nvidia at +37.8% gain
• Full divestment of Microsoft at +27.1% gain
• Full divestment of TSMC at +7.6% gain
• Partial small divestment of Propnex at +359.7%
• Accumulated more OCBC at S$12.35
• Accumulated more UOB at S$27.90
• Accumulated more ParkwayLife REIT at S$3.73
• Accumulated more Frasers CentrePoint Trust at S$2.18

A.I. Driven Rally & Bumper Dividends from banks in Q2  Thanks largely to significantly higher dividend payouts from the three local banks in Q2, total dividends collected in 1H2023 has increased 35.1% yoy compared to 1H2022. The Artificial Intelligence (AI) mania has taken the US markets by storm, pushing big tech stocks to new all-time highs. Yeah, so much for all the talk about a deep recession. Anyone...