Online InvestorToolbox Advantage (OIA) has opened an Asia Pacific office with headquarters in Singapore.
OIA provides training on investing using the Internet through investment seminars, workshops, and self-directed learning programmes. The company also runs a subscription-based financial services Web site that allows investors to put into practice the various investing strategies they learned during the workshop.
"As a result of the increasing interest in online investing in the Asia Pacific region, we felt a permanent presence was necessary to provide better customer service," explains Ahmed Qureshi, vice president of global business development for OIA.
Chong Hon Leong has been named president of the Asia Pacific operations. He brings with him more than 30 years of experience in various senior management level positions and on boards of international banks and multinational companies in the Asia Pacific region.
OIA is currently merging with Telescan, Inc. Once the merger is completed, OIA will be a wholly owned subsidiary of a newly formed, publicly traded company, InvesTools, Inc.