Kin Hing Tia

Federal Resources Investment Group, Inc. operates as a development stage company. The company is still in the process of winding up its manufacturing and trading operations and selling its remaining inventories. Management is continually studying and evaluating other lines of business related to the company's new primary purpose as a holding company. It intends to invest in, purchase, or otherwise dispose of real and personal property of every kind and description, including shares of stocks, bonds, debentures, notes, evidences of indebtedness, and other securities or obligations of any corporation or corporations, association and associations, domestic and foreign. Federal Resources Investment Group was founded on June 24, 1993 and is headquartered in Quezon City, Philippines.

AP Securities, Inc. is an independent brokerage firm headquartered in Makati, Philippines. The firm provides stockbroking services to various types of investors.