GEM COMM Daily News (investment, stocks)

📢 Public Offer Now Open: All-Link Air & Sea Limited (SGX Mainboard IPO) All-Link Air & Sea Limited, a regional ASEAN-focused logistics provider, has opened its Public Offer. Key Details 📌 Offer Price: S$0.53/share 📌 Public Offer: 2.1 million shares 📌 Minimum Application: 1,000 shares 📌 Subsequent Applications: 100-share multiples 📌 Offer Closes: 12:00 PM (SGT), 3 Aug 2026 📌 Indicative Trading Debut: 9:00 AM (SGT), 5 Aug 2026 Eligible investors may apply via the ATM, internet banking, or mobile banking platforms of DBS/POSB, OCBC, and UOB (S$2 application fee applies). 📄 Press Release: https://lnkd.in/g39r5H5f 📘 Product Sheet & Prospectus: https://lnkd.in/g9Gx569D Please read the Prospectus, including the Risk Factors, before making any investment decision. This announcement is for information only and does not constitute an offer, solicitation, recommendation, or investment advice.

📊 MARKET WATCH 📅 31 July 2026 STI: 5,620.24 ▲45.13 (+0.81%) HSI: 25,207.18 ▲243.95 (+0.98%) Nikkei 225: 64,931.19 ▲326.35 (+0.51%) DOW: 52,210.08 ▲262.83 (+0.51%) S&P 500: 7,413.18 ▲1.19 (+0.02%) Nasdaq: 24,932.08 ▼43.74 (-0.18%) VIX: 18.67 ▲0.10 (+0.54%) Fear & Greed Index (CNN): 39/100 (Fear) ⸻ 🌍 MACRO NEWS • CNBC – Microsoft Jumps After Strong AI-Fueled Earnings; Investors Await Apple and Amazon Results Microsoft’s better-than-expected earnings lifted Wall Street sentiment as investors looked ahead to results from Apple and Amazon. Full link: https://www.cnbc.com/2026/07/31/stock-market-today-live-updates.html • Reuters – Microsoft Rally Lifts Wall Street as Investors Digest Fed Outlook Wall Street closed higher after Microsoft’s strong earnings boosted technology stocks despite continued uncertainty over the Federal Reserve’s policy path. Full link: https://www.reuters.com/business/ • CNN Business – Investors Focus on Big Tech Earnings and the Fed’s Next Move Markets remain focused on major technology earnings and the outlook for interest rates following the Federal Reserve’s latest policy decision. Full link: https://edition.cnn.com/business ⸻ 🇸🇬 SINGAPORE & REGION • CNA – Singapore Businesses Remain Resilient Despite Global Uncertainty Singapore companies continue monitoring global trade developments, inflation and geopolitical risks while maintaining a cautious outlook. Full link: https://www.channelnewsasia.com/business • The Business Times – Singapore and Thailand Remain ASEAN Equity Favourites: Macquarie Analysts highlighted Singapore and Thailand as preferred ASEAN equity markets, supported by resilient earnings and attractive valuations. Full link: https://www.businesstimes.com.sg/global • The Edge Singapore – Investors Focus on Corporate Earnings and Singapore Market Outlook Market participants remain attentive to second-quarter earnings and corporate guidance as reporting season continues. Full link: https://www.theedgesingapore.com/ • The Straits Times – Singapore IPO Market Shows Signs of Recovery Amid Improved Sentiment Singapore’s IPO market is showing gradual improvement as investor sentiment strengthens despite a selective fundraising environment. Full link: https://www.straitstimes.com/business ⸻ We are an independent investor relations firm with a deep passion for the markets. 🌐 Website: https://gem-comm.com/ 🔗 Linktree: https://linktr.ee/gem_comm 📩 connect@gem-comm.com — #InvestorRelations | Gem Comm

All-Link Air & Sea Limited’s Public Offer is now open!! If, after reviewing the Prospectus, you consider the investment suitable for your objectives and risk appetite, you may apply for the Public Offer Shares through the ATMs of the following participating banks: 1️⃣ DBS Bank Ltd. (including POSB) 2️⃣ Oversea-Chinese Banking Corporation Limited (OCBC) 3️⃣ United Overseas Bank Limited (UOB) ‼️ PUBLIC OFFER AT A GLANCE Offering Price: S$0.53 per share Public Offer Shares: 2,100,000 Minimum application: 1,000 shares Subsequent applications: In multiples of 100 shares ATM electronic application fee: S$2.00 Closing date: 3 August 2026, 12.00 noon (Singapore time)

iWOW Technology Limited has successfully completed a fully subscribed S$15.0 million placement, marking another significant milestone in its growth journey. Read more: https://www.linkedin.com/posts/gem-comm-ir_gemcomm-investorrelations-capitalmarkets-activity-7488080999206133760-24TN?utm_source=share&utm_medium=member_ios&rcm=ACoAAD2GLq4BHOA2p8DDKrFHIJEtmAgewlzVEnI

Lum Chang Creations Limited's remarkable growth story continues. Just one year after its Catalist listing, the Company has successfully transferred to the SGX Group Mainboard, joined the MSCI Global Micro Cap Index, and delivered a 224% total shareholder return since its IPO (including dividends reinvested). Backed by a growing order book, strong financial performance, and a disciplined approach to sustainable growth, Lum Chang Creations is well-positioned for its next phase of expansion. 📖 Read more: https://www.linkedin.com/feed/update/urn:li:activity:7487688473248722944

🌍 DAILY NEWS ROUNDUP 📅 29 July 2026 🌐 GLOBAL • CNBC – Investors Await Big Tech Earnings and Central Bank Decisions Markets are focused on a packed week of corporate earnings and upcoming central bank meetings as investors assess the outlook for interest rates and economic growth. https://www.cnbc.com/world/?region=world • Reuters – Global Markets Eye Earnings, Trade and Interest Rate Outlook Global investors remain focused on earnings season, interest rate expectations and geopolitical developments that could influence market sentiment. https://www.reuters.com/world/ • CNN Business – Investors Watch Inflation and AI Spending Ahead of Key Data Markets continue monitoring inflation trends, AI investment and the Federal Reserve’s policy outlook as volatility remains relatively subdued. https://edition.cnn.com/business ⸻ 🇸🇬 SINGAPORE & ASIA • CNA – Singapore Businesses Monitor Global Trade and Economic Outlook Businesses continue keeping a close watch on inflation, trade developments and regional economic conditions that may affect growth. https://www.channelnewsasia.com/business • The Edge Singapore – Investors Focus on Earnings Season and REIT Updates Singapore investors remain attentive to corporate earnings releases, REIT developments and market performance across the region. https://www.theedgesingapore.com/ • The Business Times – Singapore Airlines Swings to Quarterly Loss Despite Record Revenue Singapore Airlines reported a quarterly loss as higher fuel costs weighed on earnings, even as passenger demand and revenue remained strong. https://www.businesstimes.com.sg/global • The Straits Times – Singapore Market Investors Monitor Regional Capital Flows Investors continue assessing capital flows, corporate earnings and macroeconomic developments across Asian markets. https://www.straitstimes.com/business ⸻ #InvestorRelations | Gem Comm 📩 connect@gem-comm.com 🌐 https://gem-comm.com/ 🔗 https://linktr.ee/gem_comm

Ever Glory United Holdings Limited continues to strengthen its growth trajectory. 📈 The Group has secured more than S$168 million in new contracts, pushing its total order book beyond S$1 billion and providing strong earnings visibility through 2028 and beyond. Read more: https://www.linkedin.com/feed/update/urn:li:activity:7487461902563016706

Lum Chang Creations Limited continues to build on its strong project pipeline with the award of a S$32.9 million contract for architectural and interior works at the upcoming Teck Ghee MRT station. The latest win brings the Group's year-to-date contract awards to S$121.2 million, reinforcing the strength of its order book and long-term growth visibility following its recent SGX Mainboard listing. 📰 Read more: https://www.linkedin.com/feed/update/urn:li:activity:7485906717944336385

OUE REIT will be giving a talk via Zoom to Lim & Tan Securities on 28 July 2026, Tuesday, 12pm-1pm (Today) Company Profile: OUE REIT’s portfolio comprises seven high-quality office, hospitality and retail assets located in Singapore and Australia. Agenda: 1. Overview of OUE REIT 2. 1H 2026 Key Highlights 3. Financial Summary & Capital Management 4. Portfolio Performance 5. Sustaining Momentum: Advancing Phase 3 Value Creation Journey 6. Q&As Speakers: Mr Han Khim Siew Chief Executive Officer and Executive Director Mr Lionel Chua Chief Financial Officer Join Zoom Meeting https://us06web.zoom.us/j/88539279513?pwd=MsPtMJeJBrAloMaDxlovJOgYRv2r2E.1 Meeting ID: 885 3927 9513 Passcode: 248124

📊 MARKET WATCH 📅 28 July 2026 STI: 5,620.24 ▲45.13 (+0.81%) HSI: 25,207.18 ▲243.95 (+0.98%) Nikkei: 64,931.19 ▲326.35 (+0.51%) DOW: 52,210.08 ▲262.83 (+0.51%) S&P 500: 7,413.18 ▲1.19 (+0.02%) Nasdaq: 24,932.08 ▼43.74 (-0.18%) VIX: 18.67 ▲0.10 (+0.54%) Fear Index (CNN): 40/100 (Fear) ⸻ 🌍 MACRO NEWS • CNBC – US stocks end mixed as investors digest earnings ahead of a busy week for Big Tech. https://www.cnbc.com/markets/ • Reuters – Global markets remain focused on corporate earnings, central bank expectations and trade developments as investors assess market direction. https://www.reuters.com/markets/ • CNN Business – Investors continue monitoring inflation, corporate earnings and the Federal Reserve’s policy outlook amid cautious market sentiment. https://edition.cnn.com/business 🇸🇬 SINGAPORE & ASIA • CNA – Singapore businesses continue navigating global economic uncertainty while monitoring trade and inflation trends. https://www.channelnewsasia.com/business • The Edge Singapore – Investors remain focused on the upcoming earnings season and company outlooks across the region. https://www.theedgesingapore.com/ • The Business Times Singapore – Singapore equities advance as investors monitor earnings and economic data, with banks helping support the STI. https://www.businesstimes.com.sg/companies-markets • The Straits Times Singapore – Singapore shares remain supported by resilient blue-chip counters while investors watch global market developments. https://www.straitstimes.com/business ⸻ #InvestorRelations | Gem Comm 📩 connect@gem-comm.com 🌐 https://gem-comm.com 🔗 https://linktr.ee/gem_comm

Best of Analyst Reports SG Stocks Beng Kuang Marine - UOBKH BUY TP S$0.75 https://research.uobkayhian.com/content_download.jsp?id=91648&h=614dbef651d9da959236d50b1e73d039&utm_medium=email&_hsenc=p2ANqtz-9Z-GcLo73SEt6N1HNpoYWuJN7MZS-_kkVO3YLFkjxlpRDeiFVpW3qd_MxwBxQl2ztGqiVBqQdICO-HmDGo6jQPdx1SMw&_hsmi=429128788&utm_content=429128788&utm_source=hs_email DBS Group - CGSI ADD TP S$77.10 https://rfs.cgsi.com/api/download?file=989f2a23-1925-434a-967d-6a5215fbb01d Oiltek International - UOBKH BUY TP S$2.78 https://research.uobkayhian.com/content_download.jsp?id=91669&h=70da931eaca6911674b7a07e60d764ea&utm_medium=email&_hsenc=p2ANqtz-99FaXGNKfLXyGdhrTip5hdKaG2D1Fdi6INtVMqiu5s5Ev7MfagzgEEerMaAlVgGFEByu457X87JO0hByw5avHZjvE8pw&_hsmi=429305608&utm_content=429305608&utm_source=hs_email Yangzijiang Shipbuilding - CGSI ADD TP S$5.10 https://rfs.cgsi.com/api/download?file=978edaec-bed7-4239-a8b8-10ade406f38b Riverstone Holdings - UOBKH BUY TP S$1.10 https://research.uobkayhian.com/content_download.jsp?id=91687&h=fd1d5aa0e54011e5ba4911a3e40031e2&utm_medium=email&_hsenc=p2ANqtz-_KTNp3dJwxhm9sROEBdxMxaqirCHXOKkdMEq5n2QuHahRPnjQwY0Qmao7fj4fy-LCbMh8UpdB_8jKIK-f2brx-lzERPQ&_hsmi=429498930&utm_content=429498930&utm_source=hs_email Grand Banks Yachts - Maybank Not Rated https://mkefactsettd.maybank-ke.com/PDFS/547833.pdf SIA Engineering - UOBKH BUY TP S$3.75 https://research.uobkayhian.com/content_download.jsp?id=91735&h=6d94980a43c77975678b10419befff4e&utm_medium=email&_hsenc=p2ANqtz-9PDjKjSnTsKbQnb7hSURuK5RpUgH7eEO7VAgqDf3xXubjaCnv2lcElitxlUWW01DM94bv7qmeq3f1SgJJeLxj7FfggIQ&_hsmi=429894887&utm_content=429894887&utm_source=hs_email We are an independent investor relations firm with a deep passion for the markets. Learn more about us: https://linktr.ee/gem_comm

Dezign Format's subsidiary has been recognised as a Champion of Good — the highest tier under the National Volunteer & Philanthropy Centre's Company of Good Recognition System. The accolade recognises organisations that demonstrate sustained commitment to creating positive impact across People, Society, Governance, Environment and Economic pillars, reflecting a holistic approach to responsible business. Read more: https://www.linkedin.com/feed/update/urn:li:activity:7485589454695342080

📊 MARKET WATCH 📅 22 July 2026 Markets 🇸🇬 STI: 5,595.42 ▲71.61 (+1.30%) 🇭🇰 HSI: 24,892.66 ▼239.63 (-0.95%) 🇯🇵 Nikkei 225: 66,115.60 ▲47.69 (+0.07%) 🇺🇸 Dow Jones: 52,218.58 ▼6.06 (-0.01%) 🇺🇸 S&P 500: 7,498.96 ▼10.23 (-0.14%) 🇺🇸 Nasdaq: 25,690.90 ▼146.31 (-0.57%) 📈 VIX: 16.64 ▼0.41 (-2.40%) 😐 CNN Fear & Greed Index: 43/100 (Fear) ⸻ 🌍 GLOBAL NEWS 🇺🇸 CNBC US stocks close mixed as investors assess corporate earnings and Fed outlook Wall Street finished mixed as investors evaluated another round of corporate earnings while looking for further clues on the Federal Reserve’s interest-rate path. Full link: https://www.cnbc.com/markets/ 🇬🇧 Reuters Global stocks pause as investors digest earnings and economic data Global equities traded cautiously as markets weighed quarterly earnings reports alongside economic data and expectations for future central bank policy. Full link: https://www.reuters.com/markets/ 🇺🇸 CNN Business Investors remain focused on earnings season and inflation outlook Markets continue to monitor company earnings and inflation data as investors assess the timing of potential Federal Reserve policy adjustments. Full link: https://edition.cnn.com/business ⸻ 🇸🇬 SINGAPORE & REGION 🇸🇬 CNA Singapore firms stay watchful amid global trade and economic uncertainties Businesses remain focused on external demand, geopolitical developments and trade conditions as they plan for the second half of the year. Full link: https://www.channelnewsasia.com/business 🇸🇬 The Business Times Singapore STI climbs as banks and blue-chip stocks lift Singapore market Singapore equities advanced, supported by gains in banking and blue-chip counters as investors looked ahead to more corporate earnings announcements. Full link: https://www.businesstimes.com.sg/companies-markets 🇸🇬 The Edge Singapore Corporate earnings remain in focus as reporting season gathers pace Investors are closely monitoring upcoming earnings releases and management guidance for signs of business resilience and growth. Full link: https://www.theedgesingapore.com/ 🇸🇬 The Straits Times Singapore shares gain as investors remain optimistic on earnings outlook The local market outperformed regional peers as investors continued to accumulate selected blue-chip and financial stocks. Full link: https://www.straitstimes.com/business ⸻ We are an independent investor relations firm with a deep passion for the markets. 🌐 Website: https://gem-comm.com/ 🔗 Linktree: https://linktr.ee/gem_comm 📩 connect@gem-comm.com — #InvestorRelations | Gem Comm

The first half of 2026 highlighted the importance of strong fundamentals, with investors increasingly favouring REITs that demonstrate sustainable distributions, disciplined capital management and long-term value creation. As market conditions continue to evolve, selectivity has become a key theme, rewarding REITs with resilient operating platforms and clear growth strategies. As highlighted by The Business Times, Sasseur REIT was among the top 5 S-REITs recognised for resilience, reinforcing confidence in quality REITs with the ability to navigate changing market conditions. These principles remain at the core of Sasseur REIT. Through its differentiated outlet mall portfolio in China, proactive asset management and focus on delivering sustainable value, Sasseur REIT continues to strengthen its long-term investment proposition for unitholders. Read more: https://www.linkedin.com/feed/update/urn:li:activity:7483728297760014336

📊 MARKET WATCH 📅 22 July 2026 STI: 5,526.72 ▲28.49 (+0.52%) | HSI: 25,132.29 ▼10.76 (-0.04%) | Nikkei: 66,232.19 ▲2,118.98 (+3.31%) DOW: 52,224.64 ▲385.38 (+0.74%) | S&P 500: 7,509.20 ▲65.89 (+0.89%) | Nasdaq: 25,837.21 ▲329.13 (+1.29%) VIX: 17.05 ▼1.60 (-8.58%) | CNN Fear & Greed Index: 41/100 (Fear) ⸻ 🌍 MACRO NEWS • Wall Street rallies as tech shares lead broader market higher — CNBC US stocks closed higher, led by gains in technology shares as investors digested the latest earnings reports and looked ahead to more corporate results and economic data. Full link: https://www.cnbc.com/markets/ • Global markets steady as investors assess earnings and Fed outlook — Reuters Global equities remained supported as investors balanced strong corporate earnings against uncertainty surrounding the Federal Reserve’s policy path and global economic growth. Full link: https://www.reuters.com/commentary/reuters-open-interest/global-markets-view-usa-2026-07-15/ • Investors focus on earnings season as inflation concerns ease — CNN Business Markets continued to monitor quarterly earnings and inflation trends, with investors watching for further clues on the outlook for US interest rates. Full link: https://edition.cnn.com/business ⸻ 🇸🇬 SINGAPORE & ASEAN • Singapore economy remains resilient as businesses monitor external risks — CNA Businesses continue to watch global demand, trade developments and geopolitical risks while remaining cautiously optimistic about growth in the second half of the year. Full link: https://www.channelnewsasia.com/business • STI extends gains as investors await more corporate earnings — The Business Times Singapore Singapore shares advanced as investors positioned ahead of the upcoming earnings season, with banking and industrial stocks providing support. Full link: https://www.businesstimes.com.sg/companies-markets • Investors turn attention to corporate results across Singapore market — The Edge Singapore Market participants are focusing on earnings releases and company guidance for indications of business resilience and growth opportunities. Full link: https://www.theedgesingapore.com/ • Singapore equities remain supported despite global uncertainties — The Straits Times Singapore’s stock market stayed resilient as investors tracked overseas developments, company earnings and the broader macroeconomic outlook. Full link: https://www.straitstimes.com/business ⸻ We are an independent investor relations firm with a deep passion for the markets. 🌐 Website: https://gem-comm.com/ 🔗 Linktree: https://linktr.ee/gem_comm 📩 connect@gem-comm.com — #InvestorRelations | Gem Comm

*Oiltek International (OTEK SP/BUY/PE-based TP S$2.78)* _By Kai Jie UOBKH_ *Strong Growth Pipeline; Project Execution Remains in Focus* *SG Small & Mid Cap Corporate Day.* We recently hosted Oiltek at our SG SMID Cap corporate day. Oiltek updated investors on its dividend policy, expansion plans, and growth initiatives, including its algae farming, feedstock business, and SAF project pipeline. *Strong SAF order pipeline and potential corporate actions.* Oiltek is currently pursuing more SAF opportunities, targeting orders potentially worth several billions in ringgit term, while advancing its Sabah SAF project and preparing for a Bursa secondary listing and JV spinoff. *Growth strategy and new initiatives.* Oiltek is expanding into larger projects and new markets while building recurring income through asset-light JVs and exploring new growth opportunities in algae farming, feedstock, and other initiatives. *Maintain BUY with unchanged target price of S$2.78,* pegged to a 28x 2027F PE (+1SD above historical PE mean). We believe a strong contract win and delivery of better earnings could continue to support a re-rating. Link: https://research.uobkayhian.com/content_download.jsp?id=91669&h=70da931eaca6911674b7a07e60d764ea

📊 MARKET WATCH 📅 21 July 2026 STI: 5,498.95 ▼0.16% | HSI: 25,143.05 ▲2.36% | Nikkei: 64,141.12 ▼4.14% DOW: 51,839.26 ▼0.59% | S&P 500: 7,443.28 ▼0.19% | Nasdaq: 25,508.07 ▼0.05% VIX: 18.65 ▼0.48% | CNN Fear & Greed Index: 38/100 (Fear) ⸻ 🌍 MACRO NEWS • US stocks end lower as investors await more earnings and economic data — CNBC Wall Street finished lower as investors assessed fresh corporate earnings while awaiting more economic data and signals on the Federal Reserve’s policy outlook. Link: https://www.cnbc.com/markets/ • Asian markets mixed as investors monitor global growth and monetary policy — Reuters Asian markets traded mixed as investors balanced earnings optimism against concerns over global growth, central bank policy and geopolitical developments. Link: https://www.reuters.com/world/china/global-markets-global-markets-2026-07-09/ • Investors watch inflation and earnings for clues on Fed’s next move — CNN Business Markets remain focused on inflation trends and second-quarter earnings as investors look for further direction on interest rates. Link: https://edition.cnn.com/business ⸻ 🇸🇬 SINGAPORE & ASEAN • Singapore businesses remain cautious amid global uncertainty — CNA Businesses continue to monitor global demand, trade developments and geopolitical risks while maintaining cautious optimism for the second half of the year. Link: https://www.channelnewsasia.com/business • Singapore stocks retreat as investors lock in gains after recent rally — The Business Times Singapore equities eased after recent record highs as investors took profits while awaiting the next wave of corporate earnings. Link: https://www.businesstimes.com.sg/companies-markets • Corporate earnings season takes centre stage for Singapore investors — The Edge Singapore Market participants are closely watching earnings releases and management guidance for signs of resilience amid an uncertain global environment. Link: https://www.theedgesingapore.com/ • Singapore market remains resilient despite external headwinds — The Straits Times Investors continue to monitor earnings, inflation and geopolitical developments as Singapore’s market navigates a mixed global backdrop. Link: https://www.straitstimes.com/business ⸻ We are an independent investor relations firm with a deep passion for the markets. 🌐 Website: https://gem-comm.com/ 🔗 Linktree: https://linktr.ee/gem_comm 📩 connect@gem-comm.com — #InvestorRelations | Gem Comm

Best of Analyst Reports SG Stocks Lum Chang Creations - CGSI ADD TP S$0.64 https://rfs.cgsi.com/api/download?file=e6809934-6818-4222-ab9c-543156f12dcb Food Empire Holdings - CGSI ADD TP S$3.33 https://rfs.cgsi.com/api/download?file=3156eac6-ad8a-4c01-9e11-d1d981320772 iFAST Corporation - Maybank BUY TP S$11.76 https://mkefactsettd.maybank-ke.com/PDFS/545426.pdf Wee Hur Holdings - CGSI ADD TP S$0.95 https://rfs.cgsi.com/api/download?file=ab741dc9-867f-486a-9df0-eadbf4f8176b JustCo Holdings - Maybank BUY TP S$1.02 https://mkefactsettd.maybank-ke.com/PDFS/546252.pdf Addvalue Technologies - Maybank BUY TP S$0.34 https://mkefactsettd.maybank-ke.com/PDFS/546568.pdf We are an independent investor relations firm with a deep passion for the markets. Learn more about us: https://linktr.ee/gem_comm

The first half of 2026 highlighted the importance of strong fundamentals, with investors increasingly favouring REITs that demonstrate sustainable distributions, disciplined capital management and long-term value creation. As market conditions continue to evolve, selectivity has become a key theme, rewarding REITs with resilient operating platforms and clear growth strategies. As highlighted by The Business Times, Sasseur REIT was among the top 5 S-REITs recognised for resilience, reinforcing confidence in quality REITs with the ability to navigate changing market conditions. Read more: https://www.linkedin.com/posts/sasseurreit_the-business-times-sasseur-reit-activity-7483728297760014336-NMWe?utm_source=share&utm_medium=member_desktop&rcm=ACoAAD2GLq4BHOA2p8DDKrFHIJEtmAgewlzVEnI

RHB Singapore has maintained its BUY call on Marco Polo Marine Ltd, citing its expanding fleet, increasing shipyard capacity, and new contract wins that reinforce long-term earnings visibility. 📖 Read more: https://www.linkedin.com/feed/update/urn:li:activity:7483730233146101760