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Room 1005-1008, 10/F, Man Yee Building 68 Des Voeux Road Central Hong Kong For Immediate Release Society of Registered Financial Planners Ltd invites industry professionals to participate in the “Hong Kong Financial Planner of the Year Award 2003”, the first of its kind in the territory (Hong Kong, April 28, 2003) Aimed at promoting professionalism in the financial planning profession, Society of Registered Financial Planners Ltd. (RFP-HK) has organized the “Hong Kong Financial Planner of the Year Award 2003” (Award) to invite industry professionals to take part in this Award, the first of its kind in Hong Kong. Financial planning is one of the fastest growing and most dynamic professions in the territory. According to statistics compiled by the Census and Statistics Department and Planning Department of the Government of Hong Kong SAR, the financing, insurance, real estate and business services sector altogether employed about 457,000 persons in 1999, accounting for 14.8% of the working population. This sector is projected to have the fastest growth in employment and will grow to 737,300 by 2010 and to 851,100 by 2030, representing 19.1% and 20.7% of the working population respectively. Dr Sidney Sze, President of RFP-HK said, “Taking into the ageing factor of the population mix and therefore a higher demand for services in wealth management, it is almost certain that individuals engaging in financial planning related type of work will be growing at an even faster rate.” Besides, given the high economic growth and improving living standard in China, demand for financial planning services is expected to increase, he said, adding that “this shall provide more business opportunities for financial planners.” “As an organization dedicated to the promotion of professionalism in financial planning in Hong Kong, RFP-HK believes that it is now the right time to take a lead in organizing the “Hong Kong Financial Planner of the Year Award” to foster growth within the financial planning industry,” Dr Sze said. To express support for the Award, the following organizations have agreed to promote this Award to their members and associates together with RFP-HK (in alphabetical order): Caritas Francis Hsu College, Certified Management Accountants, Canada, Hong Kong Branch, The Hong Kong Institute of Directors, Hong Kong Institute of Investors, The Hong Kong Management Association, Hong Kong Productivity Council, Hong Kong Securities Institute, The Institute of Securities Dealers Ltd., The Insurance Institute of Hong Kong , Investor Relations Association (Asia), Victoria Junior Chamber Ltd (Affiliated to Hong Kong Junior Chamber). In addition, Quam (H.K.) Ltd., a financial portal targeting retail and institutional investors, will be acting as the online media partner for the Award. Five winners will be selected by a nine-member panel of judges including: -Dr. Elizabeth Shing JP, Director General, The Hong Kong Management Association -Mr. Alec Tsui, Chairman, Hong Kong Securities Institute -Mr. Andrew Chow, Hon. Secretary, The Insurance Institute of Hong Kong -Dr. Clement Wong, Assistant Professor, Department of Economics & Finance, City University of Hong Kong -Mr. Leung Kin Cheong, President, Certified Management Accountants, Canada, Hong Kong Branch -Mr. Michael So, Program Leader, Caritas Francis Hsu College -Mr. Ricky Tam, Chairman, Hong Kong Institute of Investors -Mr. Vincent Li, General Manager, Enterprise Enhancement Services Division, Hong Kong Productivity Council -Dr. Sidney Sze, President, Society of Registered Financial Planners Ltd. Submission of entries for the Award will be closed on July 4, 2003 and the winners will be selected on August 1, 2003. Thereafter, retail investors will be invited to participate in the Award by voting online for the “Outstanding Presentation Award”, an extra award to be given to one of the five winners. Name of all winners will be announced on September 8, 2003. For more details of the Award, please go to: http://www.rfp-hk.org/hkfpa2003. - END About Quam Quam Limited is a Hong Kong listed company involved in the provision of financial information, wealth management, corporate finance and securities broking. It operates 2 divisions respectively, under the name of Quam Capital (Holdings) Limited and Quam.net Limited. Quam Capital (Holdings) Limited (www.quamcapital.com.hk) operates in the field of stock broking (Quam Securities Company Limited), futures trading (Quam Futures Limited), asset management (Quam Asset Management Limited), corporate finance (Quam Capital Limited) and money lending (Quam Finance Limited). Quam.net Limited, operates Quam Data Services Limited www.e-credit.com.hk, and Quam (H.K.) Limited which operates the financial website, www.quamnet.com. Being ranked the number 1 website in Hong Kong by Alexa.com, a subsidiary of Amazon.com and a leading US-based global net ratings company, market participants, traders and institutional investors alike rely on Quamnet to stay on top of Hong Kong's financial markets. Quamnet is a leader in offering online financial information and lively, informative, original editorial content. Quamnet's transparent approach to investing, helps users make informed financial decisions, monitor their portfolios, and carry out financial planning. Quamnet has over 150,000 registered users, and over 1 million page hits per day. Quam (China) Limited is assisting the group to develop its mainland business. In addition, Quam China helps the group to adapt to an increasingly open and changing international and mainland capital market following China's entry into the WTO. It is also establishing the ''Quam'' brand in China. As a core base and catalyst for the Quam group to expand its mainland exposure, Quam China is providing diversified financial products and services to mainland investors through www.quamnet.com.cn, a financial services network platform operated by 深圳寬網網絡技術有 限公司. The provision of such products and services, which are designed to meet the needs of mainland investors, helps investors set their own investment targets and realize their goals. About Society of Registered Financial Planners Ltd. (RFP-HK) RFP-HK is a self-regulatory and non-profit making organization. It recognizes and registers qualified individuals who are in the field of financial planning including professional accountants, legal professionals, financial consultants, credit officers, investment advisers, bankers, stock brokers and other similar professionals. It aims to regulate its members to act in the public interest by establishing and upholding continuous education, examination, enforcing code of ethics and professional responsibilities for RFP-HK licensees. Currently, it co-organized with Hong Kong Productivity Council in offering professional financial planning courses for eligible students. For further information, please visit: www.rfp-hk.org For media enquiries, please contact: Patricia Lee, Executive Director, Media Relations Astrum Development Limited Mobile: 9470-7914 / Tel: 8332-6923 / E-mail: [email protected] Hermes Soon Manager - Marketing Quam (HK) Limited Tel: 2217 2725 Fax: 2319 1676 Email: [email protected]