Thursday, October 31, 2013

Forex MTF (Multi Time Frame) Scalping Strategy

Scalping is a strategy where a trader enters and exits quickly, roughly within five minutes. If the trading exits after 1 hour, it is not scalping but considered as regular trading.

A simple MTF scalping strategy widely known on the Internet, published by a well-known author:

1. Plain vanilla candlestick chart (no indicators at all)
2. Use only 4 time frames: 5 min. 15 min. 30 min, and 1 hour
3. You don't need to sit in front of your computer all the time. Just be there 5 minutes before the hour switched. For example, if you want to trade at 6.00, get yourself ready at 5.55. Then, if you find no signals, get another chance at 7.00 and again get ready at 6.55.

RULES TO BUY:
- All candles in four time frames have to close as green candles. Do not buy even if you have only one red candle (three green candles).
- When the above requirement is met, use your 1 hour chart, wait for price to move up 3 pips. When it has moved up 3 pips, immediately place long. Do not buy if the price doesn't go up 3 pips more after the closing.

RULES TO SELL:
- All candles in four time frames have to close as red candles. Do not buy even if you have only one green candle (three red candles).
- When the above requirement is met, use your 1 hour chart, wait for price to move down 3 pips. When it has moved down 3 pips, immediately place short. Do not sell if the price doesn't go down 3 pips more after the closing.



IPO Trading Strategy

To trade IPO with Technical Analysis is impossible as there is no references for past history.  
One way is to use the Closing Price (CLP) on the IPO Day as a reference guide. 
If the counter stays below the CLP then avoid this counter.  
If the counter can stay above CLP then buy it.  Stop Loss is the Day Low or Day High on the IPO Day.
This strategy can only be used for upto 6 months from its IPO day. 
The best result is 1-3mths period from its IPO day.
Do back test yourself as different market may behalf differently. This observation is done on SGX IPO debut day.


Tuesday, October 15, 2013

Multiple Time Frame

http://www.terraseeds.com/blog/2013/02/how-to-chart-with-multiple-time-frame-analysis-when-i-trade-forex/

How to chart with multiple time frame analysis when I trade forex?



Understanding multiple time frame analysis is crucial to understanding trend in forex

When you ask a forex trader ‘what is the trend?’, many come back ‘trend in what time frame?’ You see: traders approach the market in ways ranging from quick-in quick-out speculative trading to buy-and-hold investment. So there is also a proliferation of charts with multiple time frames. The MT4 software that I use for has eight different time frames to choose from.

So what is the implication of using so many charts?

You could pull out charts each telling you a different story and seldom do they agree with each other.
A new trader who has not decided how he intends to approach the market will be dazzled by it. A different setup in each chart tells an equally compelling story. A good analogy is the three blind man trying to describe an elephant based on the part that each individual encounters. A trader could walk into a ‘labyrinth’ of multiple time frames and get stuck for a long time trying to determine what trend the market is in.
Multiple time frame analysis is therefore something that forex traders have to master. In this article, we will visit the following concepts to do with multiple time frame analysis and at the end, I hope to shed light for traders who have to grapple with it daily.
  • What is multiple time frame analysis?
  • What problems does multiple time frame pose?
  • What are the essentials of a good strategy that takes into account multiple time frame?

What is Multiple Time Frame Analysis?

Let’s come back to the question ‘what is trend’? A trader has to be able to look through not one chart but a set of charts, cut through the noise and make trading decisions.
Chart A and B illustrates this point best. Let’s just imagine that we have two charts only, the 4-hour (Chart A) and the 5-minute (Chart B). The long bearish candle that is enclosed in a red box in Chart A shows a single 4-hour interval. Chart B shows the same 4-hour segment broken down into 48 pieces of 5 minute segments.
Chart A
Chart A – 4-hour chart of the EURUSD
Chart B
Chart B – 5-minute chart of EURUSD showing an expansion of information
Depending on exactly which moment you look at price, you could get a different picture. Multiple time frame analysis is about putting together the real picture from many different charts.

What problems does multiple time frame pose?

Now because you could get charts of different time settings, forex traders face a challenge with the slew of information to process.
This simple increase in choice of chart settings creates a whole list of problems that plague traders.
  1. Misfit – Some traders use the wrong chart. The chart chosen does not fit their strategy or trading objective. If we were to borrow an example from the military, it is like an army general reading the small map of a platoon leader.
  2. Changing game plan – Some traders embark on a lifelong quest to search for the perfect chart setting. They end up constantly changing their strategy and never achieving mastery.
  3. Indecision – Some traders think that the more the merrier. They attempt to use many charts and each gives them a different picture. They get confused and become immobilised.
  4. False signals – Here I would single out one group of traders who also face exceptional danger: the ‘indicator-trader’. This trader ignores price action and over relies on the use of indicators. In the multiple time frame environment, I have found that trading indicators add to noise instead of filtering it. They work only when there is a proper co-ordination with the trading objective and the best-fit trading time frame.
  5. ‘I cannot see what you see’ – Ultimately chart readers would like to be able to see what everyone else sees. We would like act together at the moment when everybody else decides to take action. This is how high probability outcomes happen. There is synergy. When there are so many timeframes to choose from, new traders are unable to tap into this synergy because they don’t how to which time frame or picture to connect.

What are the essentials of a good strategy that takes into multiple time frame?

Since mastering the picture in multiple time frames is complex, many professional traders develop their own strategies. Rather than single out any method for discussion here (which might end up tedious and maybe not suitable to you dear reader), I will list essential components for you.
  1. Choose a chart to be the road map. There is where buy or sell decisions are made.
  2. Choose another chart that is typically a lower time frame to fine-tune or execute the buy or sell order. As an example, the road map might be a chart with 1-hour and you have decided it to be true to the trend of the market; you use a 15-minute chart to determine how you enter and exit your 1-hour trend. Even if 15-minute chart shows an opposite picture, you decide that it is merely a correction of the 1-hour trend.
  3. Inspect the ‘higher’ charts such as the daily or 4-hour charts occasionally because this is the big picture that ‘big boys’ like fund managers, analysts are looking at.
  4. Do not use more than 3 charts. Beginners should start with one whereas most will use two. For forex trading, the 1-hour chart or 4-hour is a good place to start.
  5. Your chosen time frames should not be too far apart. For example, don’t combine a 4-hour and a 1-minute chart.
  6. Find the road map that best fits your trading objective, the duration you intend to hold a position and desired level of volatility.
  7. Charts of lower time frame don’t necessary give you an edge in speed. In fact they produce a lot of noise.

I have some tips here for practicing sound multiple time frame analysis:

  1. Scalpers who like to trade short durations with 10 – 20 pip targets can use 5-minute and 1-minute charts together.
  2. Day traders who can hold a position for a few hours or overnight can combine 1-hour and 15-minute charts.
  3. Any person who is busy and is happy to do 1-2 trades a week can trade 4-hour and 1 hour charts.
  4. Anyone who wants to buy and hold and even earn some positive swap should really be looking at daily charts and above.
  5. Unless you have the patience to form your own strategy with a demo account, a good coach can speed the learning curve for you.
  6. Strategies that use support and resistance are the best because they stay true regardless of time frame. Technical studies that excel in this respect are price-based analysis such as Fibonacci Levels, Pivot Points, trendlines and support resistance levels.

Here are some other postings on this topic:

Sunday, October 6, 2013

MAS watch list - FXCM, Trillion FX

http://www.mas.gov.sg/IAL.aspx?sc_p=all

  1. Aberdeen Langley

    3 Shenton Way
    #10-05 Shenton House
    Singapore 068805
    Tel: (65) 6323 3956
  2. Aliquantum Capital Pte Ltd

    400 Orchard Road
    #05-07 Orchard Towers
    Singapore 238875

  3. Alliance & Dunbar Consultancy Inc.

    410 Park Avenue
    15th Floor
    New York 10022
    Tel:  (1) 212-888 5454
    Fax: (1) 212-888 4646
  4. Alliance Finance Plc

    25 New Street
    St. Helier, Jersey, JE4
    United Kingdom
    Tel: +44 208 181 5072
    Fax: +44 208 181 5073
    Email: info@afonline.co.cc

    160 Clairemont Avenue
    Decatur, GA 30030
    USA
    Email: usa@afonline.co.cc

    138 Robinson Road #01-01/02-01/03-01
    Hong Leong Centre
    Singapore 068906
    Singapore
    Email: singapore@afonline.co.cc

  5. Alltra Limited (Alltra)

    1100 Peachtree Street Suite 2700
    Atlanta, GA 30309
    USA
    Tel: 404-795 0433
    Fax: 404-795-0613
    Website:www.alltraservices.com
  6. Apollo International Wealth Management Co. Ltd

    Website:  www.apollo_fc.com
                   www.eagle-star.cc/apollo/main.asp  
  7. Armstrong Group International Ltd

    PO Box 3321
    Road Town, Tortola
    British Virgin Islands
    Tel:  44 20 7693 5060
    Fax: 44 20 7693 5061
    Email: info@the-armstrong-group.com
    Website: www.the-armstrong-group.com
  8. ASEAN Commodities

    The Globe, 100 Cecil street
    Singapore 069532
    Tel: 6505 9594
    Fax: 6491 6562
    Website: www.asean-commodities.com
  9. Asia Pacific Bullion Private Limited

    300 Beach Road
    #33-04/05/06 The Concourse
    Singapore 199555
    Tel: 6298 8881
    Fax: 6298 8886

    371 Beach Road
    #06-00 Keypoint
    Singapore 199597
    Tel: 6692 7777
    Fax: 6692 7778

    E-mail: info@AsiaPacificBullion.com
    Website: http://www.asiapacificbullion.com  
  10. Asia Ventures Limited

    3905 Two Exchange Square
    8 Connaught Place
    Central Hong Kong
    Tel: 3678 9902
    Email: info-@asia-ventures.co.uk

    14 Robinson Road
    #13-00 Far East Finance Building
    Singapore 048545
    Tel: +65 3158 1153
    Fax: +65 6491 5561
    Website: www.asia-ventures.co.uk
  11. Asian Foreign Securities and Compliance Department ("AFSCD")

    10 Kallang Road
    ICA Building
    Singapore 208718
    Tel: (65) 6622 6310
    Fax: (65) 6491 5463
    Website: http://www.afscd.org
  12. Astral European

    H-1119 Budapest
    Fehervari ut 83
    Hungary
    Tel:  (361) 205 3050/51
    Fax: (361) 205 3060
  13. Athelington International, UK

    Maple House
    High Street
    Potters Bar
    Hertforshire
    EN6 5BS, United Kingdom
    Tel: 44(0) 1932 895 000
    Email address: admin@athelington.com
    Website: www.athelington.com
  14. Atlantic Credit & Trust Bank

    80 Raffles Place
    Level 35 UOB Plaza 1
    Singapore 048624
  15. Atlantic International Partners

    #01-03 Ocean Building
    10 Collyer Quay
    Singapore 049315
    Tel: (65) 6419 2915 / 6319 0970
    Fax: (65) 6491 5139
    Website: www.atlanticinternationalpartners.com
    Email: info@atlanticinternationalpartners.com
  16. Bao Jing Trading Pte Ltd

    1 Rochor Road
    #03-526A
    Rochor Centre
    Singapore 180001
  17. Barlow & Ramsey

    15th floor
    Sanno Park Tower, 2-11-1
    Nagatacho, Chiyoda-ku
    Tokyo 1006113, Japan
    Tel: (81) 344 965-211
    Fax: (81) 344 965-212
    Website: www.barlowramsey.com
  18. Barron Mackenzie Barrister and Solicitors/Barron Mackenzie Pte Ltd

    1 Raffles Place #31-02 OUB Centre
    Singapore 048616
    Tel: 65 6722 8420
    Fax: 65 6491 5425
    Website: www.barron-mackenzie.com
  19. Baylor Byrnes Brackman Group Inc.

    No. 18 Avenue Louis Casai
    1209 Geneva
    Switzerland
    Tel: (41) 227477831
    Fax: (41) 227477999
    Website: www.bbbginc.com
  20. Berkeley Samson International

    39th Floor, One Pacific Place
    The Admiralty
    Hong Kong
    Tel:  (852) 22735709
    Fax: (852) 22735999

    Level 21 Centennial Tower
    3 Temasek Avenue
    Singapore 039190
    Tel:  (65) 5497404
    Fax: (65) 549 7001

    23rd Floor, M Thai Tower
    All Seasons Place
    87 Wireless Road
    Bangkok, Thailand
    Tel:  (662) 6279357
    Fax: (662) 6279001
    Website: www.berkeleysamson.com
  21. Bernard Simpson Consultants

    Center, West Tower
    11th Floor
    892 Daechi-4-dong
    Kangnam-Ku Seol
    South Korea, 135-77
    Tel: #82 2 559 0645
    Fax: #82 2 559 0646
    Website: www.bsc.mail.net
  22. Blane and Blanchett

    #31-00 Battery Road
    Singapore 049909
    Tel: (65) 6332 0832
    Fax: (65) 6332 0808
  23. Bloomberg and Associates ["B&A"]

    Blk 1 #08-312 Hougang Ave 3
    Singapore 530001

    Level 36 Menara Citibank
    165 Jalan Ampang
    50450 Kuala Lumpur Malaysia
    Tel: (603) 2169 6128
    Fax: (603) 2169 6168
    Tel: (02) 9043 6744

    Website: www.servecorpvirtual.net
  24. Boston Asset Management Pte Ltd

    #11-02A
    Keck Seng Tower
    133 Cecil Street
    Singapore 069535
    Tel: 6320 8449
    Fax: 6320 8450
    Email: keith@bostonasset.com.sg
    Website: http://www.bostonasset.com.sg/

  25. Bowen Reece (formerly known as Chartered Asset Management Co Ltd)

    28th Floor, Bank of China Tower
    200 Yin Cheng Road Central Pudong
    Shanghai 200120
    People's Republic of China
    Tel:  (8621) 2890 3264/ (8621) 5037 2455-6
    Fax: (8621) 2890 3071/ (8621) 5037 2459
    Website: www.bowenreece.com

    Bowen Reece Kft.
    Jozsef nador ter 5-6 2nd Floor
    1051 Budapest, Hungary
    Tel:  36 1 235 0330
    Fax: 36 1 235 0329
  26. Bridgestone Trading Ltd

    18th Floor Kyoung Am Bldg
    157-27 Samsung-dong, Gangnam-gu, Seoul 135-090
    Republic of Korea
    Tel: +82 234501602
    Fax: +82 234501655
    Email: info@bridgestonetrading.com
    Website: bridgestonetrading.com

  27. Cambridge Capital Trading [CCT]

    A1 Attar Business Tower
    30th Floor Sheikh Zayed Road
    Dubai United Arab Emirates
    Tel: +97-143696554
    Fax: +97-143696548
    Website address: www.cambridgecapitaltrading.com
    Email: contact@cambridgecapitaltrading.com

  28. Capital Partners

    United Kingdom
    Fax: (44) 8701217155
  29. Carlton Global Management

    18th Floor Kyoung Am Building
    157-27 Samsung-dong Kangnam-ku
    Seoul 135 090
    Korea
    Website: www.carltonkorea.com
  30. Carver Brooks & Associates ("Carver")

    Branch Office:
    35th and 36th Floor
    UOB Plaza 1
    80 Raffles Place
    Singapore 048624
    Tel: (65) 6491 5084
    Fax: (65) 6491 5085
    Website: http://www.carver-brooks.com/

    Financial Services Office:
    Fubon Banking Centre
    169 Jen Ai Road Section 4
    Taipei, Taiwan
  31. Cathay Asset Management

    No 3 Anson Road
    #35-01 Springleaf Tower
    Singapore
    Tel: (65) 6828 9909 or (65) 6491 5614
    Website: www.cathayam.com
  32. Charles Fleming Co Ltd

    Sanno Park Building
    2-11-1 Nagata-Cho
    Chiyoda Ku
    Tokyo 100-6172 Japan
    Tel: 813 5456 5026
    Fax: 813 4496 4464
    Website: www.charlesfleming.net
  33. Chartered Asset Management Co Ltd

    [This company is a different entity from and not related to Chartered Asset Management Pte Ltd; the latter being a holder of a capital markets services licence which is regulated by MAS.]14/F Abdulrahim Place
    990 Rama IV Road
    Bangkok 10500
    Thailand
    Tel: (66) 0 2636 0810
    Fax: (66) 0 2636 0812
    Website: www.charteredasset.com
  34. Chartwell Asset Management

    #2120 S. 72nd Street
    Omaha, Nebraska 68124-2366
    Tel:  402-5713034
    Fax: 402-5713063
    Website: www.chartwellmanagement.com
  35. Chenglong International

    6 Shenton Way
    #11-03 DBS Building Tower 2
    Singapore 068809
    Tel: +65 6491 5722
    Fax: +65 6491 5720
    Website: www.sanwaholdings.com
  36. Clearwater International Limited ["CIL"]

    Level 30, 6 Battery Road
    Singapore 049909
    Tel:  65-63221471
    Fax: 65-63221472
    Website: www.clearwater-international.com/home.html
  37. Crest Asset Management

    21 Science Park, #06-07 The Aquarius
    Singapore 117628
    Tel: 65-631062232
    Website: www.crestam.com
  38. Davis Goldberg Group

    175N Harbor #2212
    Chicago IL 60606
    USA & 782 NM 42th Avenue
    Miami, USA FL33135
    Tel: 1 312 803 9614
    Fax: 1 312 577 1696
    Website: www.davisgoldberg.com
  39. Davis Group International

    9 Raffles Place
    Republic Plaza
    Tel: (65) 6248 9006/ (65) 6491 5216
  40. Dawson & Fielding Inc

    8th Floor, AIG Building, 1-1-3
    Marunouchi, Chiyoda-ku, Tokyo,100-0005 Japan
    Tel:+81-345-789266
    Fax: +81-344-966155

    Park Palace, 23rd Floor, 666 Burrard
    Street Vancouver,BC V6C 2Z7 Canada
    Tel: +1-604-628-2811
    Fax: +1-604-484-1951
    Website: www.dawsonfielding.com
  41. De Verre Lloyd & Co Ltd

    15th Floor  Cerulean Tower
    26-1  Sakuragaoka-cho
    Shibuya-ku
    Tokyo 150-8512
    Japan
    Tel: (813) 5456 5369
    Fax: (813) 5456 5511
    Website: www.deverrelloyd.com
  42. Denko Group Ltd

    35th and 36th Floor Singapore UOB Plaza 1 Centre
    80 Raffles Place
    Singapore 048624

    Penthouse Level and Level 42, Suntec Tower Three
    8 Temasek Boulevard
    Singapore 038988

    40C Hong Kong Street
    Singapore 059679
    Tel:(65) 3158 0437
    Fax:(65) 6491 5429
    Website: www.denkogroup.com
  43. DFM Asset Management

    1 Robinson Road
    Singapore 039190
    Tel: +65 6491 7742 #10
    Email: admin@DFMAsset.com
    Website: http://www.dfmasset.com/index.html
  44. DM Gray Consulting

    9840A Legaspi St Broy Valenzuela
    Makati City 1200 Philippines
    Tel: 8933345
    Email: emiraine@yahoo.com
  45. Dolphin Capital Asia Pte Ltd (Dolphin Asia)

    1 Raffles Place
    #27-64
    Singapore 048616
    Tel: +65 6222 6867
    Fax: +65 6222 4838
    Email: info@dc-asia.com.sg
    Website: http://www.dc-asia.com.sg/
  46. Don Tombia Herbert Investment Ltd

    89 Short Street #04-13
    Golden Wall Centre
    Singapore 188216
    Phone number: (65) 6336 6408
    Fax: (65) 6336 6409
    Mobile: (65) 9056 0684
  47. Drexel Asset Management Limited

    Suite 1202 Forever Tower
    941 Jiaozhou Road
    Shanghai 200060
    China
    Tel: 8621-6268-5287
    Fax: 8621-6268-5351 
  48. Drover-Horne Ltd (also known as Drover-Horne Management Pte Ltd)

    47 Hill St. #04-03
    Singapore Chambers of Commerce & Industry Building
    Singapore 179365
    Tel: 607 7993741
    Fax: 607 7991220

    80 Raffles Place
    #16-20 UOB Plaza 2
    Singapore 048624
    Tel: 607 2216408
    Fax: 607 2217408
    Email: exiles@pd.jaring.my
  49. DSB Singapore Pte

    32 Maxwell Road
    #03-07 White House
    Singapore 069115
    Tel: (65) 6622 6373
    Fax: (65) 6826 4363
    Website: www.dsbsingapore.com
  50. Dublin Castle Investment Inc

    1930 Yonge Street Suite 1145
    Toronto, Ontario M4S 1Z4
    Tel: 16474 308550
    Fax: 141 6352 1745
    Website: www.dublin-castle.com
  51. Eaglebanque

    Levels 30 and 31
    6 Battery Road
    Raffles Place
    Singapore 049909
    Tel: 6322 8519
    Website: www.eaglebanque.com
  52. East Cape Mining Corporation Ltd

    40 Bank Street
    Canary Wharf
    Level 18 40 Bank Street
    London E14 5NR, United Kingdom
    Tel: +44 203 059 7968
    Website: http://www.eastcapemc.com
  53. Eaton Capital Americas

    12 calle 1-25, zona 10
    Torre, Sur, Officina 1107
    Gemimis International Mall
    Guatemala City, Guatemala
    Tel: 00 502 233 535 74
    Fax: 00 502 233 533 58
    Website: www.eatoncapitalamericas.com
  54. Endeavour Asia Services Limited

    14 Robinson Road
    #13-00 Far East Finance Building
    Singapore 048545
    Tel: (65) 3108 0491
          (852) 3678 9902
    Email: info@endeavour-fund.com
    Website: http://endeavour-fund.com/index.htm
  55. Eno Capital Transfer ["Eno"]

    #16-04 Sim Lim Tower
    10 Jalan Besar
    Singapore 208787
    Tel: (65) 6248 4774
    Fax: (65) 6248 4644
    Website: www.enocapitaltransfer.com
  56. Equity Research Partners

  57. Expatriate Financial Services

    Suite 3B-6-7, Block 3B
    Plaza Sentral 2
    Jalan Stesen Sentral 5
    50470  Kuala Lumpur
    Malaysia
    Tel:  (603) 2780 5000
    Fax: (603) 2780 5048
    Website: www.efs.com.my
  58. Factor Ten Financial

    39th Floor Centra Plaza
    18 Harbour Road
    Wanchai, Hong Kong
    Tel: (852) 9575-6432
    Emails:    info@factortenfinancial.com
                   joshmir828@yahoo.com
                   info@ptaicf
    Website: www.factortenfinancial.com
  59. Falon Group Limited

    14 Robinson Road, #13-00
    Far East Finance Building
    Singapore 048545
    Tel: (65) 6494 9252
    Fax: (65) 6491 5059
    Website: http://falon-group.com/index.php
  60. Far East Asset Management

    32 Maxwell Road
    #03-07 White House
    Singapore 069115
    Tel: (65) 672 28688
    Fax: (65) 64915167
    Website: www.fareastam.com
  61. Finance Alliance (FA)

    [This company is a different entity from and not related to Financial Alliance Pte Ltd; the latter being a holder of a financial adviser's licence which is regulated by MAS.]29 Calle Verdadero
    San Clemente
    CA 92673
    USA
    Tel: (949) 666 5396
    Fax: (949) 666-5426
    Website: www.faolineservices.com
  62. First National Financial Group Inc

    46th Floor, 140 Broadway
    New York, NY10005
    USA
    Tel: (1) 212 858 7521
    Fax: (1) 212 858 7522
    Website: www.firstnationalfinancial.net
  63. First Pacific Network

    16th Floor, Menara Cakrawala
    JL M.H. Thamrin No. 9
    Jakarta 10340
    Indonesia
    Tel:  (6221) 39833310
    Fax: (6221) 29833300
    Email: info@firstpacificnetwork.com
    Website: www.firstpacificnetwork.com
  64. Foreign Exchange Capital Markets LLC ("FXCM")

    Forex Capital Markets
    Financial Square 32
    Old Slip
    10th Floor
    New York, NY 10005
    USA
    Tel: 1-888-503-6739
    Website: www.fxcm.com
  65. Garner Goldstein Incorporated

    Penthouse Level Suntec Tower 3
    8 Temasek Boulevard
    Tel: +65 6866 3244
    Fax: +65 6866 3249
    Website: www.garner-goldstein.com
  66. GB Gold Pte Ltd

    72 Bendemeer Road
    #05-23 Luzerne Building
    Singapore 339941
  67. Genneva Pte. Ltd

    Main Office:
    1 Claymore Drive
    #08-09 Orchard Towers Rear Block
    Singapore 229594

    Premier Centre:
    1 Claymore Drive
    #08-06 Orchard Towers Rear Block
    Singapore 229594

    GMC Office:
    400 Orchard Road
    #05-27 Orchard Towers
    Singapore 238875

    Marketing Division:
    545 Orchard Road
    #16-13 Far East Shopping Centre
    Singapore 238882

    Tel: +65 6738 9883 / 9881
    Fax: +65 6738 9882
    Email: admin@genneva.com.sg
    Website: www.genneva.com.sg
  68. GINSystem Inc

    TrustNet Chambers
    P.O. Box 3444
    Road Town
    British Virgin Islands

    9 Temasek Boulevard
    #04-01 Suntec Tower 2
    Singapore 038989
    Tel: (65) 6238 8336
    Fax: (65) 6238 7990

    2nd Floor, 145-157
    St John Street
    London EC1V 4PY U.K.
    Tel: (44) 845 226 9163

    68A Jalan SS21/62
    Damansara Utama
    Petaling Jaya
    47400 Selangor
    Malaysia
    Tel: (60) 3 7729 0585
    Fax: (60) 3 7729 9585
    Website: http://ginsystem.com
  69. Global Capital Management Pte Ltd

    Level 14 Prudential Tower
    30 Cecil Street
    Singapore 049712
    Tel:  (65) 6232 2870
    Fax: (65) 6232 2705
    Website: www.globalcm.net.index.html
  70. Global Corporate Strategies International

    140 Wood Road
    Braintree, M.A. 02184
    USA
    Tel: 617 507 8593
    Fax: 617 507 8598
  71. Global Link Mergers & Acquisitions

    50 Raffles Place
    #44-02/03 Singapore Land Tower
    Singapore (Note: Address is not occupied by GL)
    Tel: (65) 6622 9763
    Fax: (65) 6491 5463
    Website: www.globallinkma.com
  72. Global Medical Financing, Singapore

    541 Orchard Road
    Liat Tower
    Singapore 238881
    Tel: +65 6248 9011
    Fax: +65 649 15800
    Website: www.globalmedfinancing.org
  73. Global World Acquisitions

    Tower A, 223 Wai Yip Street
    Kwun Tung, Hong Kong
    Website: www.globalworldacquisitions.com
  74. Gold Insignia LLP (Gold Insignia)

    3 Raffles Place
    #07-01 Bharat Building
    Singapore 048617
  75. Green Cap Financial LLC (Green Cap)

    14001 Wells Fargo Building
    2030 Main Street
    Suite 120 Irvine
    California 92614
    USA
    Tel: +1 9498850464
    Website: www.greencapfinancialllc.com
  76. Hamilton Trading

    OBF Center
    Artha Graha Building 6th Floor
    Jalan Jend Sudirman Kav, 52-53
    Jakarta Indonesia
    Tel:  (6221) 5289-8454
            (6221) 5289-8455
    Fax: (6221) 5289-8456

  77. Harrington Management Ltd

    27th Floor Trade Tower
    Samsung-dong, Kangnam-ku
    Seoul 135-729
    Korea
    Tel: +822 60072776
    Fax: +822 60072415
    Website: www.harrington-management.com
  78. Hawkins & Doyle Inc

    18th floor JT Building, 2-2-1 Toranomon
    Minato-ku postal code 105-0001
    Tokyo, Japan
    Phone number: +81 345 802 168
    Fax: +81-3-4496-5000
    Website: www.hawkinsdoyle.com

    205 Ferros Building
    176 Salcedo Street, Legaspi Village
    1229, Makati City Philippines
    Tel. no: +63-2-857-2401
    Fax: +63-2-857-2402
    Website: www.hawkinsdoyle.com
  79. HJ Gold Trading Pte Ltd

    1 Rochor Road
    #02-538 Rochor Centre
    Singapore 180001
  80. IME Advisors

    Tel: +44207 060 2043
    Fax: +44207 060 2049
    Email: info@ime-advisors.com
    Website: http://www.ime-advisors.com 

  81. Imperia Invest IBC

    32 Maxwell Road
    03-07 White House
    Singapore 069115
    Tel:  (65) 67228356
    Fax: (65) 67258021
    Website: www.imperiainvest.net
  82. Infinity Treasures Pte. Ltd

    65 Chulia St
    #36-02 OCBC Centre
    Singapore 049513
    Tel: 6922 0460
    Website: http://www.infinity-treasures.com/  
  83. International Options Trading Ltd Pty

    Level 26, Prudential Tower
    30 Cecil Street
    Singapore 049716
    Tel: (65) 6319 0924
    Fax: (65) 6319 0921
    Website: www.interot.net
  84. IOC Group Limited

    Listing Operations Office:

    Singapore
    The Sail 6, 19F
    Marina Boulevard
    Marina Financial District

    Hong Kong
    One International Finance Center, 20F
    1 Habour View Street
    Central Hong Kong

    Service Center:

    Singapore
    Central Business District
    39A Circular Road, Singapore

    Malaysia
    C5-1 South Gate
    Sungai Besi

    China
    Beijing
    National Aquatic Center (Water Cube) Level 4

    Email: info@ioc-group.com
              individual@ioc-group.com
              corporate@ioc-group.com

  85. JP Moreau Ltd

    Level 14 Prudential Tower
    30 Cecil Street
    Singapore 049712
    Tel:  (65) 6232 2859
    Fax: (65) 6722 4045
    Website: www.jpmoreau.com
  86. Kearns Investment

    Level 9  AIG Building 1-1-3
    Marunouchi
    Chiyoda-ku Tokyo 100-0305
    Japan
    Tel: (813) 5288 4343
    Fax: (813) 5288 5353
  87. KLC Partners

    3 Temasek Ave
    #34-00 Centennial Tower
    Singapore 039190
    Tel: (65) 3106 2120
    Fax: (65) 6491 5167
    Website: www.klcpartners.com
  88. Lanson Financial Administration

    c/o Intelecom Limited
    54 Broadway
    Peterborough
    PE1 1SB
    England
    Tel: (44) 1733 555 555
    Fax: (44) 1733 426 666
    Website: www.lansonfinancial.com
  89. Lombard Grand Incorporated

    Level 21 Centennial Tower
    3 Temasek Avenue
    Singapore 039190
    Tel:  (65) 6549 7425/6
    Fax: (65) 6549 7001
    Fax: (44) 8701382304
  90. Makko Securities

    Levels 30 and 31
    6 Battery Road
    Singapore 049909
    Tel: (65)31581112

    Research and Development
    40 Bank Street
    Canary Wharf
    Level 18 40 Bank Street (HQ3)
    London E14 5NR
    Tel: 44 20 3239 2734

    International Trade
    23 Tyson Ave.
    Suite 450
    Grand Cayman
    Cayman Islands KY1-1307

  91. Man Jing Trading Pte Ltd

    12 Haig Road
    #01-337
    Singapore 430012
  92. Marshall Browning Ltd

    Edobori Building
    Level 9
    2-1-1 Edobori Nishi-ku
    Osaka, 550-0002
    Japan
    Website: www.marshallbrowning.com
  93. Martinez & Mannheim

    Centro Corporativo Internacional
    3er Piso
    Calle 26, Ave 6-8, Barrio Don Bosco
    Paseo Colon, San Jose
    Costa Rica
    Tel: (506) 211 1568 / 248 1991
    Fax: (506) 211 1569 / 295 6925
    Website: www.martinezmannheim.com
  94. MBR Asset Management

    Boat Quay, Bonham Street
    Singapore 049782
    Tel: +65 6722 0755
    Website: www.mbrasset.com
  95. McKenzie Smith (formerly known as Cabrini, Green & Ross Inc.)

    161 Bay St.
    Toronto, Ontario, Canada
    Tel: 1 800 428 2424
    Tel: 1 416 352 0036
    Website: www.mckenzie-smith.com
  96. Medibroker International

    Medibroker House
    17 Seatonville Road
    Whitley Bay
    Tyne & Wear, UK
    NE 25 9DA
    Tel: ++ 44 1435 867484
    Fax: ++ 44 1435 867776
    Email: medibroker@aol.com
    Website: www.medibroker.com
  97. Mercantile Sterling Management

    32 Maxwell Road #03-17
    White House
    Singapore 069115
    Tel: (65) 6722 8640
    Fax: (65) 6725 8032
    Email: joe.burnett@msman.net
    Website: www.msman.net
  98. Mercier and Clark Partners

    1 Canada Square
    London E145EU
    +44 203 318 1078
    http://www.mercierclark.com/en/
  99. Morgan Glenwell Limited

    Unit 30, The Old Woodyard
    Hagley Hall, Hagley
    Worcestershire, DY9 9LQ
    Fax: (44) 1562 888024
    Email: clientpost@morgan-glenwell.co.uk
    Website: www.morgan-glenwell.co.uk

    152 Beach Road
    Level 28, Gateway East
    Singapore 189721
    Tel: (65) 6827 9788
    Fax: (65) 6463 0890
  100. Nectine Solomon Corporation

    UOB Plaza  80 Raffles Place
    #36-01
    Singapore 048624
    Tel: (65) 6248 4881
    Fax: (65) 6248 4531
    Website: www.necsolcorp.com
  101. Norstar Financial Group

    57 Younge Street
    Suite 300
    Toronto, Ontario, M5E 1J4
    Tel: 1 416 832 9267
    Fax: 1 416 352 1574
    Email: jtaylor@norstar-financial.com
    Website: www.norstar-financial.com
  102. OCPC Credit

  103. Oppenheimer International

    No 4 Royal Mint Court, London,
    England EC3N 4HJ
    Tel:  44 20 79777726
    Fax: 44 20 79777727
    Email: info@oppenheimerinternational.com
    Website: www.openheimerinternational.com
  104. Oxford Trading (1978) Limited, Hong Kong

    338 Royal Empress Road
    Tsimtshui, Kowloon
    Hong Kong
    Tel: (825) 29188710
    Fax: (825) 29003392
  105. Pacific Prime Insurance Brokers Limited

    Unit 1 - 11, 35th Floor
    One Hung To Road
    Kwun Tong
    Hong Kong

    Asia and Middle East Sales and Service:
    Tel: 3113 1331 (in Hong Kong)
    Tel: +852 3113 1331 (International dialing to Hong Kong)

    North and South America Sales and Service:
    Tel: 1 866 383 0456 (Toll free in the USA)
    Tel: +1 866 383 0476 (International dialing in the USA)

    Europe Sales and Service:
    Tel: 0207 198 1304 (In the UK)
    Tel: +44 207 198 1304 (International dialing to the UK)

  106. Paradigm Resources, Ltd

    Mansell 4555
    Mansell Road Suite 625
    Atlanta Georgia (GA) 30022
    United States
    Tel: +1 678-202-1204
    Fax: +1 678-202-1205
    Website: www.paradigmresourcesltd.com
  107. Parker Jennings

    2117 Buffalo Road
    Rochester
    New York 14624
    Tel:  (585) 247 6970
    Fax: (212) 504 3052
    Email:  info@ParkerJennings.com
    Website: www.ParkerJennings.com
  108. Phoenix Alliance International

    Tokyo Palacio Tower Level 9
    Omotesando 3-6-7 KitaAoyama 107-0061
    Tokyo
    Tel: 81/354 043 569
    Fax: 81/354 964 118
    Website: www.phoenixallianceintl.com
  109. Phoenix88 Credit Services

  110. Pollack & Quinn

    Shijuku Mitsui Building
    21st Floor, 2-1-1 Nishishinjukuku
    6-24-1 Shinjuku-ku, Tokyo
    Japan
    Tel: (81) 3459-03198
    Fax: (81) 3449-65115
  111. Portable Fund

    21 Maxwell Road
    Singapore 069113
    Email: https://www.portablefund.com/support-system/
    Website: https://www.portablefund.com/index.php
  112. Premium Alliance Group

    Park West Building
    11th Floor, 6-12-1, Nishishinjuku
    Shinjuku-ku, Tokyo 162-0023
    Japan
    Tel: (813) 5325 3223
    Fax: (813) 5325 3131
  113. Premium Placements Management

    14 Scotts Road
    #03-141 Far East Plaza
    Singapore 228213
    Tel: 90385684
    Website: www.premiumplacements.com
  114. Primrose Trading Co Ltd

    2 Lansdowne Row
    Suite 247
    London, England
    Tel:  44 2083878204
    Fax: 44 2083878205
  115. Professional Capital Management Pte Ltd

    391A Orchard Road
    #12-02 Ngee Ann City Tower A
    Singapore 238872
    Tel: (65) 6832 5667
    Fax: (65) 6832 5670
    Website: www.procapman.com
  116. Profitable Group (Profitable Plots Pte Ltd)

    11B Stanley Street
    Singapore 068730
    Website: http://www.profitablegroup.com
  117. Provident Capital Pte Ltd

    [This entity is different from and not related to Provident Capital Pte Ltd; the latter being an exempt fund manager, exempt corporate finance advisor, exempt leverage foreign exchange trader which had ceased its exempt status on 29 May 2007.]5 Shenton Way #10-10
    UIC Building
    Singapore 068808
    Tel: 6722 8827
    Website: www.providentc.net
  118. Quantex Inc.

    Level 36 UOB Plaza I,
    80 Raffles Place
    Singapore 048624
    Tel:   65 6248 4753
    Fax:  65 6248 4754

    Level 38 Raffles City Tower
    250 North Bridge Road
    Singapore 179101
    Tel: (65) 6416 3315
    Fax: (65) 6416 3316

    14 & 15/F., Prudential Tower
    30 Cecil Street
    Singapore 049712
    Tel:  (65) 6232 2744
    Fax: (65) 6232 2836
    Email:  info@quantextrading.com
    Website: www.quantextrading.com
  119. Rey Del Wealth Management Pte Ltd (fna Wesan Pte Ltd)

    21 Cuscaden Road
    #02-05 Ming Arcade
    Singapore 249720
  120. Richard Watson Associates

    4021 27th Street,
    2nd Floor
    Long Island City
    New York
    11101, USA
    Tel:  1 (212) 575 2757
    Fax: 1 (801) 605 4865
    Website: www.rwatsonassociates.com
  121. RMC Client Services

    22 Malacca Street
    #09-00 Royal Brothers Buildings
    Singapore 048980
    Tel:  (65) 6318 4984
    Fax: (65) 6318 4933
  122. Rockwell and Bond S.A.

    Registered office
    Edsicio Rural Trade Center
    2nd Floor Calle 53
    Marbella, Panama City
    Panama

    Correspondence Add:
    Suite 1402, 14/Floor
    First e-bank Tower,
    8737 Paseo de Roxas
    Makati City,
    Philippines 1200

    Rockwell and Bond
    Suite One, Omni Hall
    Speightstown, St. Peter
    Barbados
    Tel:  800 INVESTOR
    Fax: 800 46837833
    Tel:  852 2273 5213
    Fax: 852 2273 5429
  123. Roth Group Plc/Pte Ltd

    20 Cecil Street
    #14-01 Equity Plaza
    Singapore 049705
    Website: http://www.therothgroup.de
  124. Sanwa Holdings

    6 Shenton Way
    #11-03 DBS Building Tower 2
    Singapore 068809
    Tel: +65 6491 5722
    Fax: +65 6491 5720
    Website: www.sanwaholdings.com
  125. Scott Fitzgerald Group

    Room A-B, 15/F
    Ritz Plaza, 122 Austin Road
    Tsimshatsui, Hong Kong 

    304 Orchard Road
    #15-04 Lucky Plaza
    Singapore 238863

    Tel no: 94570798
    Website: www.scottfitzgeraldgroup.com
  126. SG Gold Pte Ltd

    50 Armenian Street
    #02-03 Wilmer Place
    Singapore 179938
  127. Shenton Wealth Holdings Pte Ltd (Shenton Wealth)

    Registered Address (per ACRA) 10 Anson Road
    #27-18
    Singapore 079903

    Operating Address (per the Company’s website) 21 Tan Quee Lan Street Heritage Place
    #02-09
    Singapore 188108

    Email: enquiry@shentonwealth.com
    Website: http://www.shentonwealth.com
  128. Silverthorne and Chambers Inc (S&C)

    14 Robinson Road
    #13-00 Far East Finance Building
    Singapore
    Tel: (65) 6417 4157
    Email: info@silverthornechambers.com
    Website: www.silverthornechambers.com
  129. Singapore Securities Options Futures Exchange (SSOFX)

    6 Battery Rd
    Raffles Place Level 28 & 29
    Singapore 049909
    Tel: 8179 4911
    Website: www.ssofx.com
  130. Sino Intermediaries, Taiwan (also known as Sino Intermediaries)

    Level 37 Taipei 101 Tower
    Xinyi, Section 5,
    110 Taipei, Taiwan
    Website: www.sinointer.com
  131. Solomon Alliance Management Pte Ltd (Solomon)

    78 Shenton Way
    #15-02
    Singapore 079120
    Tel: +65 6645 3188
    Fax: +65 6645 3199
    Email: enquiry@solomonalliancemanagment.com
    Website: http://solomonalliancemanagment.com
  132. Solomon Financial Group (所罗门金融集团)

    (i) 黄浦区延安路175号 旺角广场907室 上海, 中国
    (ii) 浦东陆家嘴花园石轿路33号花旗集团大厦23楼 上海, 中国
    (iii) 浦东新区世纪大道88号金贸大厦31楼 上海, 中国
    Website: http://www.scgfx.com/
  133. Sovereign Global Trading

    Level 21, Shiodome Shibarikyu Building
    1-2-3 Kaigan Shiodome Tokyo
    Tokyo 105-0022 Japan
    Tel: 81 3 5403 6368
    Fax: 81 3 5403 6369
    Website: www.sovtrading.com
  134. Stamford Financial Limited

    Level 14 Hibiya Central Building
    1-2-9 Nishi Shimbashi
    Minato-Ku
    Tokyo 105-0003, Japan
    Tel:  81 3 5532 7235
    Fax: 81 3 5532 7373
    Website: www.stamford-financial.com
  135. Steinberg Investment Research AG

    Tower A, Ngee Ann City
    391a Orchard Rd
    Singapore 238873
    Tel: (65) 3106 2095
    Fax: (65) 6826 4105
    Website: www.sir-suisse.com
  136. Sterling Capital Corp

    23rd Floor,
    6750 Ayala Avenue
    Makati City
    Metro Manila 1226
    Philippines
    Tel:  (632) 8926768
    Fax: (632) 8929598
    Email: strategists@sterlingcall.com
    Website: www.sterlingcapitalcorporation.com
                 www.sterlingcall.com
  137. Sterling Futures Management Ltd

    105 Cecil Street
    #06-01 The Octagon
    Singapore 069534
    Tel: (65) 6827 9701
    Fax: (65) 6827 9601
    Email: info@sterlingfutures.net
    Website: www.sterlingfutures.net
  138. Stockbridge Consultants

    30F, Asem Tower
    159-1 Samseong-dong
    Gangnam-gu
    Seoul 135-798, Korea
    Tel: (82) 2 6001 3211
    Fax: (82) 2 6001 3212
    Website: www.stockbridgeconsultants.com
  139. Strategic Capital Partners Portfolio Management AG ["SCP"]

    Lowenstrasse, 53,
    Zurich, Switzerland (on marketing material)

    Ramistrasse, 8, Postfach 166, CH-8024
    Zurich, Switzerland (on website)
    Tel: (41) 44 209 90 63
    Fax: (41) 44 209 90 64
    Website: http://www.strategiccapital.ch/
  140. Sunshine Empire Pte Ltd ["SE"]

    Blk 490 #07-10
    Lorong 6 Toa Payoh
    Singapore 310490
    Tel: 6411 4650
    Fax: 6411 4654
    Website: www.sunshine-empire.com
  141. Swiss Cash/Swiss Mutual Fund

    280 Madison Avenue
    912-9th Floor, New York
    NY 10016, USA

    PO Box 2343
    Roseau
    The Commonwealth of Dominica

    Tel: +1 212 386 5570
    Fax: +1 212 386 5573
    Email: service@swisscash.bizWebsites: www.Swisscash.biz
                     www.swissfund.biz
                     http://www.dreamkaya.myswisscash.com/
                     http://www.myswisscash.com/
  142. The Gold Guarantee Pte Ltd

    Singapore (HQ)
    42A Boat Quay
    Singapore 049831
    Phone: 6535 4052
    Fax: 6535 4076
    E-mail: info@thegoldguarantee.com.sg

    Malaysia Office One Mont Kiara
    No 1 Jalan Kiara #18-5
    50480 Kuala Lumpur
    Phone: 603 6206 3328
    Fax: 603 6206 3313
    Mobile: 601 1123 80249
    E-mail: michaellian@thegoldguarantee.com.sg

  143. The Gold Label Pte Ltd

    6 Battery Road
    #17-07/08
    Singapore 049909
    Tel: (65) 6222 2442
    Fax: (65) 6222 2334
    Website: www.thegoldlabel.com

  144. Thomas Castle Management

    8 Floor, Kasumigaseki Building
    3-2-5 Kasumigaseki
    Chiyoda-ku, Tokyo
    100-6010, Japan
    Tel: (81) 34580 1758
    Fax: (81) 34496 4046
    Website: www.thomas-castle.com
  145. Thomas Moore Global

    Urbannet Otemachi Building
    2-2-2 Otemachi Chiyoda-ku
    Tokyo Japan 100-0004
    Tel:  (813) 4580 2056
    Fax: (813) 4496 4877

    Dreikonigstr. 15
    8002 Zurich
    Switzerland
    Tel:  (414) 3500 0378
    Fax: (414) 3430 2443
    Website: www.thomasmoore.biz
  146. Towry Law International

    Suite 21-01, Level 21
    Bangunan AmFinance
    8 Jalan Yap Kwan Seng
    50450 Kuala Lumpur
    Malaysia
    Website: www.towrylaw.com.hk
  147. Trans-World Alliance Trading Ltd

    Suite 104, Suranjai Mansion
    Soi 6, Sukhumvit Road
    Bangkok, Thailand
    Mobile: +66 7830 5496
    Email: kathystew1@hotmail.com
  148. Trent Consultants Ltd

    17F Jongro Tower Building
    6 Jongro 2-ga
    Jongro-gu
    Seoul 110-789
    South Korea
    Tel: +822 21982170
    Fax: +822 21982171
    Website: www.trent-consultants.com
  149. TrillionFX

    Singapore 10 Anson Road
    #21-02 International Plaza
    Singapore 079903

    New Zealand Tcl Offices, Unit 106,
    23 Edwin Street,
    Mount Eden, Auckland,
    1024, New Zealand
    Tel: +64.9.6321254

    Sweden Klarabergsviadukten 70,
    Box 70396,
    Stockholm,
    S-107 24 Sweden
    Tel: +46.8.560.36136

    United States Tel: +1.888.830.7860
  150. Tzu, Waite & Associates Singapore

    9 Raffles Place
    #27-01 Republic Plaza
    Singapore 048619
    Tel:  (65) 68325661
    Fax: (65) 68325684
    Website: www.tzuwaite.com
  151. Union Acquisition Group & Collins Capital Management

    14 Robinson Rd
    #13-00 Far East Finance Building
    Singapore 048545
    Tel: (65) 31062280
    Fax: (65) 64915834
    Website: www.unionacquisition.com
  152. Vinsgold Enterprise Pte Ltd

    10 Anson Road
    #17-13 International Plaza
    Singapore 079903

    No. 1 Ang Mo Kio Industrial Park 2A
    #02-02 AMK Tech 1
    Singapore 568049
  153. Virgin Gold Mining Corporation

    Torre Global Bank Building
    Calle 50 & Calle 58 Este
    Piso 31, Oficina 3105
    Panama City, Republic of Panama
    Tel: +507-8365099
    Website: http://www.vgmc.com/index.asp
  154. Warner Price Trading Ltd

    9 Temasek Boulevard
    #33-02 Suntec Tower 2
    Singapore 038989
    Tel: (65) 8269926
    Fax: (65) 8269928
  155. Warrick Management Group Limited

    301, 4-21 Nonhyun-dong
    Gangnam-gu, Seoul, Korea
    Tel: (822) 398 5916
    Fax: (822) 398 5917
    Website: www.warrickmanagement.com
  156. WealSol Pte Ltd (WealSol)

    Registered Address (per ACRA) 10 Anson Road
    #27-18
    Singapore 079903

    Operating Address (per the Company’s website) 21 Tan Quee Lan Street Heritage Place
    #02-09
    Singapore 188108

    Tel: +65 6338 2357
    SMS: +65 8777 2697
    Fax: +65 6884 7846
    Email: enquiry@wealsol.com
    Website: www.wealsol.com
  157. Webster Acquisitions/London

    29th Floor, One Canada Square
    Canary Wharf
    London E14 5DY
    Tel: 44 2079003439
    Fax: 44 2079002534
  158. Whitehouse Capital Pte Ltd

    9 Temasek Boulevard #19-05
    Suntec Tower 2
    Singapore 0388989
    Tel: 67370072
    Website:
    http://www.w-h-capital.com/
    http://www.dndci.net/whc/
    http://www.wh-ci.com/
    http://www.pe18.com/
  159. Whitman Pearce & Partners

    Budapest 1052
    Deak Ferenc u.10 5 em.
    Hungary
    Tel: (36) 1 327 0174-5
    Fax: (36) 1 318 4062
    Website: www.whitmanpearce.com

    Level 39, Menara Citibank
    165 Jalan Ampang
    50450 Kuala Lumpur
    Malaysia
    Tel: (60) 3 2169 7790/7792
    Fax: (60) 3 2169 7791
  160. Wilkinson Bennings Securities

    14 Robinson Road
    #13-00 Far East Finance Building
    Singapore 048545
    Email: info@wilkinsonbennings.com
    Website: www.wilkinsonbennings.com
  161. Winchester Investment and Trading Pte Ltd

    Address: Tras Street, Singapore
  162. Wind Mill Developments Overseas Ltd


  163. Windsor International Management Ltd

    21/F Seoul Finance Centre
    84 Taepyungro Iga, Chung-Gu
    Seoul 100-101, Korea
    Tel: (822) 3782 4808
    Fax: (822) 3782 4809
    Website: www.windsorinternationalmanagement.com
  164. Yamato and Associates

    1-1-3 Marunouchi, Chiyoda-Ku,
    Tokyo 100-0005, Japan
    Tel: (813) 5288 5249
    Fax: (813) 4496 4250