| The Investment Adviser, Daiwa SB Investments (Singapore) Ltd. ("DSBI Singapore"), formerly known as Daiwa International Capital Management (Singapore) Ltd., is a corporation organized under the laws of the Republic of Singapore on April 15, 1985. It is a wholly owned subsidiary of Daiwa SB Investments Ltd., which is a leading investment organization in Japan with approximately US$ 48.74 billion under management (as of March 31, 2010). As a member of the Daiwa Securities Group, Daiwa SB Investments (Singapore) Ltd. has access to the Group's resources, including those of the Daiwa Institute of Research. It is a registered Investment Adviser with the Monetary Authority of Singapore and the U.S. Securities & Exchange Commission. The principal business address of Daiwa SB Investments (Singapore) Ltd. is 152 Beach Road, #06-01/02 The Gateway East, Singapore 189721.
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