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Good afternoon, everyone. This is Baldwin Binder from Blackstone Gold, Singapore, welcoming you to our webinar on restructuring and insolvency. We have an exciting lineup of global speakers, including Mark Shilleron from Geneva and John Wong from Wang Jing & Co in China. Recent months have raised numerous questions regarding restructuring and insolvency, such as what constitutes a GM, a scheme, and a moratorium, as well as the implications of section 211B. Today's webinar aims to address these topics and provide clarity on the various aspects of restructuring and insolvency in Singapore, which I will discuss in more detail.