Xuan Tan

Goldman Sachs (Singapore) Pte. (Goldman Sachs-Singapore) is the brokerage subsidiary of New York-based Goldman Sachs Group, Inc. (NYSE: GS), a global investment bank that offers financial services to corporations, institutions, governments and high-net worth individuals. Headquartered in Singapore, the firm opened in 1989 and is the regional hub for the group's activities in Southeast Asia, particularly asset management and energy trading. Goldman Sachs-Singapore provides a full range of corporate finance and capital markets products and services across a wide range of operating areas. Business functions include capital structuring advisory, and security services.

CLSA Singapore Pte Ltd. is a broker-dealer headquartered in Singapore. The firm is a subsidiary of Hong Kong-based CLSA Ltd., which is owned by CITIC Securities Co., Ltd. (SHA: 600030; OTCMKTS: CIIHF) in China. CLSA Singapore provides sales and execution services to institutional investors and corporates world-wide.

CGS-CIMB Research Pte Ltd. (CGS-CIMB-Research) is the Singapore-based research subsidiary of CIMB Bank Bhd., ultimately owned by CIMB Group Holdings Bhd. (KL: 1023) in Malaysia. The CIMB-GK group consists of several firms operating in close relationship to provide investment research, brokerage, corporate finance services, wealth management and online trading. In addition to Singapore, the CIMB-GK group has offices in London, Hong Kong, Indonesia, Thailand and the US. The firm was formerly known as G. K. Goh Research, established in Singapore in the 1980s. They became CIMB Research Pte Ltd. in 2005 when CIMB acquired G. K. Goh Stockbrokers Pte Ltd. CGS-CIMB-Research is primarily a research and analysis operation which focuses on equity, fixed-income and economic trends in South-East Asia. The firm specializes in regional market predictions, advising the parent group's subsidiaries as well as domestic and foreign fund managers.