Hi, good morning, everyone. Thanks for your patience. Welcome to Frasers Logistics & Commercial Trust Full Year 2023 Results Webcast. Today we have with us, Ms. Anthea Lee, our CEO. We have Ms. Tricia Yeo, our CFO, Mr. Jayce Fong, our head of our portfolio management, and also in attendance we have our head of our investment, Mr. Chew Yiwen. Without further ado, I'll just hand over the presentation to Anthea to start us off. Thanks, Delphine. Good morning, everyone. I'm Anthea, and thank you for joining our FY 2023 financial results webcast presentation. Let me begin by thanking our FLCT team for their support rendered to me since I've joined, and together with the Frasers Group team members in Singapore, Australia, U.K., and Europe for their dedication and hard work for the financial year. Despite challenging headwinds and market volatilities, we have managed to pull in a resilient set of results for FY 2023. The underlying fundamentals of our portfolio remain strong, driven by sustained demand and a continued lack of availability. This is especially so for the L&I portfolio, which will continue to register full occupancy for the fourth consecutive year. We are also proud to share that we have maintained a five-star rating, and our market leading ranking of second position among our peers in the latest GRESB 2023. For the full year 2023, our L&I continues to deliver a strong performance. On the overall portfolio basis, we have achieved significant positive rental reversions of 7.8% on an incoming rent versus outgoing rent basis, and a positive 18.9% reversion on an average of preceding lease versus average of new or renewed lease basis. For our balance sheet, FLCT continues to hold prudent capital structure with one of the lowest gearing amongst S-REITs at 30.2%. This October, we have also expanded our footprint in the Netherlands with the acquisition of a L&I development, and this marks the seventh one in the Netherlands. This deal is DPU accretive and will enlarge the contribution from the Netherlands, and it was concluded at a 13% discount to its valuation. Earlier in the year, we have also completed the development of two U.K. logistic facilities, Connexion II and Worcester, and we are on track to complete another logistic facility in Port Ellesmere this December. On the next slide is just a quick snapshot on the portfolio here. A portfolio of 107 assets anchored by L&I assets, which constitute approximately 70% by asset value, a total of 99 assets. For the remaining 30% of the portfolio, it comprises commercial assets and has an occupancy of 90%. On to the next slide. In October, FLCT strengthened our foothold in the Netherlands with a freehold forward fund logistic assets in the Aviation Valley Business Park in Maastricht in the Netherlands. The purchase price of EUR 14.5 million represents an approximate 13% discount to the valuation of EUR 16 million at the gross initial yield of 6.3%. This is an off-market deal from the seller. The rent escalation will be based on CPI for a long lease term of 10 years. In terms of the development, it is strategically located to the Maastricht Airport, which is the second largest hub for cargo flights in the Netherlands. It is after the Amsterdam Schiphol Airport. There are savings of real estate transfer tax, because we are buying on a forward fund basis, and we will be funding the project progressively during the construction period. The vendor will provide a coupon of about 6% on the funding drawdowns. The tenant is a service provider to a third-party logistics provider specializing in the provision of logistics and management services to freight forwarders. The next slide. In the first half of FY 2023, we have also completed the development of two. Sorry, one slide before that, please. We have completed the development of, thank you, of the two U.K. logistics and industrial properties. This is Connexion II and Worcester. Connexion II, which is located in the Blythe Valley Park. It has three units, and all three units are leased on a 10-year lease to high-quality tenants. One who is Tesla, the other one is Solotech, which is a AV solutions provider, and the third is Reeley, which is one of the U.K.'s leading suppliers to the lift and escalator industry. The project has achieved a BREEAM of excellent rating. Worcester is prominently located at the entrance of the business park, and the building has been constructed to high specs with a target energy performance certificate rating of A, the highest rating for energy certification. The property is pre-committed to Alliance Flooring Distribution on the new 15-year lease. It will be the tenant's headquarter flagship warehouse in the U.K. We are also on track to complete Port Ellesmere by December, and with a committed 15-year lease to Persimmon. The property will also serve as a national distribution center upon completion. This property will also meet the BREEAM's outstanding and the EPC A rating. On the next slide. The ongoing facade enhancement to Central Park is about 65% completed. We expect the facade enhancement works and the night illumination to raise Central Park's value proposition and attractiveness to both existing and potential occupiers. Central Park is actually Perth's tallest building at 51 stories, and the modernization of the facade will make a very strong statement in Perth's skyline. Works on the facade enhancement is expected to complete in end of financial year 2024. I will now hand the time over to Tricia, who will take you through the financial performance. Thanks, Anthea. For the FY 2023 results, FLCT reported a revenue of SGD 420.8 million and adjusted NPI of SGD 311.4 million. This is a decrease of 6.5% and 9% respectively. The year-over-year decreases were mainly due to three main factors, the weaker exchange rates of the AUD against SGD over the period. The average AUD was down about 7.7%, and there was also lower average occupancies at Farnborough Business Park, Maxis Business Park, and 357 Collins Street as compared to FY 2022. Property operating expenses were mainly higher due to higher energy and utility expenses, and these were partially offset by the full six months effect of the acquisition of the four properties in Australia in the second half of FY 2022. We also saw the full six months contribution with the practical completion of the two logistics industrial assets in the U.K., Connexion II and Worcester. Finance costs were mainly higher due to the increase in interest rates and additional borrowings drawn for CapEx and funds flow developments. We took a negative fair value adjustment on our investment properties. This amounted to SGD 359 million, with the valuations that we did as at 30th September 2023. However, this has no impact on distribution. Looking at the total distributable income for FY 2022, which is SGD 272.3 million, down from SGD 281.3 million a year ago. For the full financial year of 2023, we have declared a DPU of SGD 0.0704. This includes the capital distribution of divestment gains of about SGD 16.1 million, and the manager has taken 100% of the SPs in units. Moving on to the next slide. The financials for the second half of FY 2023 largely follows the same trend as the full year. Just looking at the second half DPU, we declared a SGD 0.0352 DPU, and this is the same as the first half DPU that we have declared. It includes the distribution of divestment gains totaling SGD 11.7 million for the second half. Moving on to the next slide, please. If you look at our capital management, Anthea has mentioned about our low aggregate leverage of about 30.2%. This is still very healthy, and one of the lowest amongst the S-REITs and leaving us with sufficient headroom of more than SGD 1 billion before we hit the 40% gearing level. The slight increase in aggregate leverage is because the asset base has been impacted by the negative revaluation adjustment. We did draw down some additional borrowings to fund CapEx that we incurred during the last quarter. Our emphasis is to continue to ensure a healthy gearing level during this uncertain business environment. Our interest coverage ratio remains very healthy at 7.1 times, and we mean well hedged. Our borrowings are hedged at 77% of fixed rates, which has helped us to buffer the impact of increased interest costs. We presented our trailing 12 months cost of borrowings. This moved up slightly from the last quarter, and we stood at 2.2% on a trailing 12 months basis. We also provided our trailing three months cost of debt, and for the last quarter of FY 2023, that was 2.4%. Our weighted average debt maturity is at 2.2 years. For the debt that is actually maturing in FY 2024, the bulk of it is only due in the second half of FY 2024, June and August specifically. We do not have major refinancing needs in the first half. The facilities are in place actually for more than half of the debt that is due in FY 2024. We continue to enjoy a BBB+ credit rating with stable outlook from S&P. On the balance sheet side, the value of investment properties have decreased by 4.6%, and this is really due to the net negative fair value adjustment that we took. There was also more AUD against the Singapore exchange rate and divested the leasehold property North Melbourne in the first quarter of FY 2023. This decline has been partially offset by CapEx incurred and the higher euro and pounds exchange rate against the Singapore dollar as at year-end. The NAV per unit as at 30th September 2023 is at SGD 1.17. I won't go through this slide, but I'll hand over to Jayce Fong. Thanks. Thanks, Tricia. Hi, everyone. I'll talk you through the portfolio review, starting with the leasing summary on slide 16. This quarter, we've seen a steady momentum of positive leasing activity continue, with a total of 100,000 sq m of leasing completed this quarter, which involves 13 deals. Year-to-date, this brings the leasing across the portfolio to over 492,000 sq m across 64 deals, and that represents 18.5% of the total portfolio area. It's been a very busy and positive time for the team on the leasing front. Just looking at each segment, we've had four deals completed for the L&I portfolio in 4Q. This involved just under 96,000 sq m, and you'll see it achieved a strong positive rental reversion of both metrics, with average versus average positive change of 33.5%. On an incoming versus outgoing basis, it was just under 21%. If we look at the full year reversions for the L&I portfolio, they've been very strong. You'll see 8% on an incoming versus outgoing basis, and average versus average at just under 20%. This reflects the very strong growth in effective market rents, in particular in Australia. Looking at the commercial portfolio, there were nine deals completed this quarter, just over 4,000 sq m. The reversions were again positive, 1.4% on an incoming versus outgoing, and average versus average of over 9%. For the whole portfolio, we've seen some strong reversions throughout the year. The total for FY 2023 is just under 8% on an incoming versus outgoing basis, and average versus average is just under 19%. The next slide shows our portfolio occupancy on slide 17. The occupancy detail includes an overall portfolio occupancy of 96%, which is reasonably steady this quarter. The L&I portfolio across all our regions, Australia, Europe, and U.K., which is around 70% of portfolio value, remains 100% occupied. The commercial portfolio has been steady at 90%. Since September 2022, the occupancy at the majority of our commercial assets has seen some improvement, most notably at ATP, Central Park, and Farnborough. Last quarter, we've seen a slight decrease at 357 Collins Street. This follows the handback of one floor by Commonwealth Bank, and this was part of a 4-year lease extension with the bank until December 2026. We're actually now in discussions with them to potentially take that floor back. Moving on to the next slide, we cover the lease expiry profile. We have a well spread out profile with no more than 22% of the GRI expiring in any single year. The current portfolio remains steady this quarter. As I mentioned, the total occupancy is at 96%, and the WALE is 4.3 years. With the strong leasing momentum that I outlined previously, the FY 2024 expiries have declined by 1.2% of portfolio gross rental income and now is at just under 9%. The FY 2025 commercial expiries are dominated by the Commonwealth of Australia at Caroline Chisholm Centre. Lease extension discussions are progressing very positively. We will hopefully have some news to announce shortly. In addition, the Google space at ATP is captured within the FY 2024 and FY 2025 expiries, and they will be exiting ATP at the end of their lease in December 2024. The initial tranche will be handed back in February 2024. That is over 150,000 sq ft. We have a marketing campaign well advanced at ATP, and we are currently in advanced discussions with tenants over 150,000 sq ft, their initial space. Hopefully, we can report some positive news there soon. Just looking to the right of the slide at the top 10 tenants. The average WALE for the top 10 is at 3.8 years, and no single tenant accounts for more than 5% of the portfolio gross rental income. This reflects a low concentration risk. The top 10 tenants include a mix of both commercial and L&I tenants, and comprise some well-known brands that you should be familiar with. They are spread across the regions and sectors with five of the tenants occupying multiple buildings. There has been one change in the top 10. Technicolor and Schenker have traded places. Schenker is being replaced by a tenant called ACFS at 16,000 sq m at Eastern Creek. If we move now onto the valuation. Slide 16, slide 19 summarizes the results of the 30 September 2023 independent valuation of the portfolio. The 107 properties have been valued at AUD 6.4 billion, which reflects a decrease of 4.5%, 4.7% compared to the carrying values. The decline is generally a result of an expansion in yields, challenging leasing conditions in the commercial portfolio, and the FX impacts of a weaker AUD. On the following slides, I will talk through each segment in a little bit more detail. On slide 2021. Not slide 21. Slide 20. We will look at the L&I portfolio. The new value for the L&I portfolio is SGD 4.5 billion, and this represents a 2.8% decrease compared to the carrying values. The Australian portfolio of 61 assets were valued at AUD 1.8 billion, reflecting a 1.4% uplift with a weighted average cap rate of 5.5%. This reflects an 89 basis point expansion compared to last year's valuation, but this has been offset by the significant effective market rental growth, particularly in New South Wales and Victoria, and the positive leasing results I touched on earlier. In Europe, the 35 assets were valued at EUR 1.3 billion. This reflects a 7% decline over carrying values with a weighted average net initial yield of 4.5%, which is a 48 basis point expansion compared to last year. The three U.K. L&I assets were valued at GBP 80.4 million, reflecting a 13% decline compared to the carrying values with an average equivalent yield of 5.6%. The next slide looks at the commercial portfolio segment. The total portfolio value for commercial is SGD 1.96 billion, and that is just under a 9% decline on the carrying values. The four Australian assets were valued at AUD 914 million. That's a 9.2% decline compared to the carrying values. Cap rates range between 6% and 6.375%, which reflects a 75 basis point expansion compared to last year. ATP has held up reasonably well compared to last year. It's valued at SGD 678 million with a slight uplift against carrying value. The three U.K. business parks were valued at GBP 285 million, which represents a 20% decline compared to last year following an expansion in yields of 175 basis points. I'll now hand the time back to Anthea. Thanks, Jayce. For FY 2023, FLCT has continued to make good progress in the various green initiatives, such as achieving green certification for the portfolio and sustainability-linked loans. We have also aligned with FPL to achieve our zero emissions targets by 2050. We have maintained the highest five-star rating in the 2023 GRESB Real Estate assessment for the third consecutive year, and a market leading position of being second amongst our peers of 18 participants. Sustainability is integral to FLCT's operations, and FLCT remains committed to delivering sustainability outcomes that underpin long-term performance. While the current market uncertainties continue to place headwinds on the demand, our portfolio remains driven by secular forces and continue to see supply chain resilience and e-commerce growth, driving demand for high-quality logistics assets located close to the customer base. ESG remains a focus for occupiers as we transition to the low-carbon economy with demand for modern assets, which meets ESG targets and corporate values. Finally, the flight to quality trend also continues to dominate commercial demand as employers focus on high-quality buildings and health and wellbeing to entice the staff to return back to the office and to attract talent. On the next slide. Moving forward, we would like to reiterate our strategy for long-term sustainable growth and our continued focus on L&I. We will focus all our efforts and attention on increasing our logistics and industrial exposure from the current 70%-85% in the long term. We are also casting our net wider to also look at developed markets with strong logistics and industrial market fundamentals. This includes markets such as Singapore, which has witnessed stable pricing and cap rates, and expanding into Singapore will also provide us with tax transparency. Another potential market is Japan, which can provide a positive yield from the low interest rate environment, and the Japanese logistics and industrial market has witnessed growing demand due to the increasing volume of shipping services and strengthening supply chains and strong e-commerce growth. We'll consider data centers as part of the L&I asset class, and we will evaluate data center acquisition opportunities which do not require any data center operational responsibilities. We will look to invest in markets where we see strong demand and tenanted by good customers. Coupled with our disciplined asset management and healthy financial standing, our investment focus remains to be in the high-quality logistics and industrial assets in developed markets while we leverage our sponsors' extensive network and capabilities to evaluate suitable investment opportunities in developed markets. Thank you so much for joining our webcast. I shall now turn this time over to the Q&A segment