Quarterly Letter, EIP
Quarterly Letter from Chairs, ESG Investing Program, Q2 2023
Greetings everyone,
I trust you all have been enjoying a splendid summer. We have also officially transited to Lark. The suite boasts an array of powerful features, including real-time translation, seamless cross-border communication, and an integrated cloud database—imagine the amalgamation of Zoom, Dropbox, and Google Translate under one roof. While I may not have exhausted its virtues, I encourage you to explore it firsthand.
Furthermore, I am thrilled to announce the conclusion of our recruitment drive. After an exhaustive selection process, we extend a warm welcome to 23 students who will be joining our esteemed EIP program. Kindly extend your support and guidance to them as they embark on their ESG journey. 😊
This summer has undeniably yielded bountiful fruits for many among us. Internships spanned diverse domains, including banking, sustainability, stock exchanges, and asset management, to name a few. These varied experiences are poised to enrich our decision-making in the realm of investments. Reflecting upon this, it's evident that each nugget of pertinent information moulds the landscape of an investment decision. Whether it pertains to the increasing youth unemployment in China or the gender pay gap figures reported in annual reports, these facets would reflect paramount significance.
This interplay underscores the allure of investment. Our diligent research and impassioned discourse lay the foundation for assessing investment viability. The learning process encompasses both triumphs and missteps, integral to our investment process. What valuation multiples do we find prudent for this company? Does the industry present a formidable challenge, or does it warrant our pursuit? Can we confidently ascertain harmony between stakeholders and management? These critical inquiries necessitate resolution before we entrust our financial resources to the stock market.
In the grand tapestry of investment, our collective endeavors mirror the art of informed decision-making. As we convene to share insights and invigorate our knowledge, let us fortify our commitment to fostering sound investments and embracing the multifaceted journey that lies ahead.
Sincerely,
Sim Jia Yang , CMR Sooria