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S B I
                 ROYA L S EC U R I T I ES


                 WWW.SBIROYAL.COM

                 Established  in  February  2010,  SBI  Phnom   Penh
                 Securities was a subsidiary of SBI Holdings, a major
                 Japanese financial service firm listed on Tokyo Stock
                 Exchange. In October 2010, we became the first                        BROKERAGESERVICE                CORPORATEFINANCE
                 Japanese financial institution to acquire the “full license”          Securities Trading (Buying and Selling)    Underwriting
                                                                                       Securities Account Opening
                 to operate a securities business in Cambodia from                     Market Information Updates      Equity, Equity-linked and debt fund raising
                                                                                                                       Mergers and Acquisitions
                 Securities and Exchange Regulator of Cambodia (SERC)                  Web-based Market                Business Plan Development
                                                                                       Information Service
                 In September 2011, SBI Phnom Penh Securities acquired
                 the group assets from Cambodia Capital, a subsidiary of                                                                                 3
                 Royal Group of Companies, to form SBI Royal Securities                                                                                  9
                 Plc.

                 On 21st August 2013, Finansia Syrus Securities, a leading
                 securities firm listed on the Stock Exchange of Thailand,
                 reached a basic agreement to form a business and
                 capital alliance with SBI Royal Securities. This financing
                 was completed in May 2014
















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