reference-to-wrong-daiwa-made

Reference to wrong Daiwa made

Sir,

Re ARTICLE RELEASED BY FINANCEASIA

Take note that your quote paraphrased from the report by The Daiwa Institute
of Research on 200700 Monetary Authority of Singapore misses mark with e-bank guidelines was incorrect in that it portrayed an image that the reference to Daiwa bank analystÂ… was a report made by The Daiwa Bank Ltds analyst.

Be informed that the above named Institute of Research is not related in any manner or form to The Daiwa Bank, Ltd . As such, a retraction and revision of the statement in an appropriate manner to reflect the actual position is required.

Your co-operation is appreciated.


Yours Faithfully
For and on behalf...


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