Orient Securities International Holdings Limited entered into a Memorandum of Understanding to acquire GLAM Capital Limited.

Orient Securities International Holdings Limited is an investment holding company principally engaged in the provision of brokerage service, underwriting and placing service, margin financing service and money lending service. The Company operates its business through four segments. The Brokerage segment is engaged in the provision of brokerage services. The Underwriting and Placing segment is engaged in the provision of underwriting and placing services. The Margin Financing segment is engaged in the provision of securities and initial public offering financing services. The Money Lending segment is engaged in the provision of money lending services.