Philipp Georg LeibundGut

Valartis Asset Management SA (VAM) is the wholly-owned asset management subsidiary of Valartis Group AG (SWX: OZH). Formerly known as MC Trustco and later MCT Asset Management, VAM was established in 1996 within Marcuard Cook & Cie and is located in Geneva and Zurich with research offices in their Moscow base and other field offices. The firm was created to focus on the emerging markets of Eastern Europe, Russia and the former Soviet Union. VAM manages a variety of products in multiple asset classes for private, institutional and retail investors.

MCG Holding SA engages in the acquisition, management, and disposal of participating interests in companies. Its business activities also include the provision of financial services to associated firms. The company is headquartered in Baar, Switzerland.

Valartis Bank (Austria) AG provides private banking services. It offers wealth and asset management and brokerage services. It also offers foreign exchange trading and payment services, credit cards, and safe deposit boxes. The company was founded in 1890 and is headquartered in Vienna, Austria.

Jelmoli Bonus Card AG provides credit card services. Its services include protection against theft, loss or misuse of customer's card, Internet security and transportation & return the goods in dispute. The company is headquartered in Zurich, Switzerland.

Hansa AG provides investment services. The company owns stocks and securities on a diversified basis and invests in private equity as well as in real estate. It has been investing locally in a variety of businesses, two of which are Bravo International (a St. Petersburg-based beverage company) and Skyktyvkar Forest Enterprise. Founded in 1930, the company is headquartered in Baar, Switzerland.

Valartis Bank AG acts as a private investment banking and asset management. It is active in the Swiss equity and derivatives market. The company is headquartered in Zurich, Switzerland.

Bendura Bank AG (Bendura Bank) s the Liechtenstein-based private banking subsidiary of Citychamp Watch & Jewellery Group Ltd. (HK: 256) in Hong Kong. Formerly known as Valartis Bank (Liechtenstein) AG, the bank was established in 1998 and provides personalized investment advice and asset management services for an international private clientele of entrepreneurial families and high-net worth individuals. In addition, they also offer funds from selected companies as well as financial instruments and alternative investments from selected providers.