Phillip Capital , an integrated financial services group headquartered in Singapore, announced today the acquisition of Atlantic Financial Corporation,co.,Ltd. Established on December 14, 2005, Atlantic Financial Corporation has grown to become a successful FX Margin Trading Brokerage providing online services to the retail market in Japan.

Pursuant to this transaction, Atlantic Financial Corporation will become a wholly-owned subsidiary of Phillip Brokerage Pte Ltd, a member of the PhillipCapital Group.

According to Mr. Chellapa Panickar (Representative Director of PhillipCapital Japan K.K. & Phillip Financials K.K.), “The PhillipCapital Group welcomes the addition of Atlantic Financial Corporation into the growing and expanding stable of wholly-owned companies in Japan. This will further boost our presence in the Japanese financial market to provide value-added tools and services for the benefit of our retail and corporate clients throughout Japan.”

About PhillipCapital Group
PhillipCapital is a group of companies which offers a full range of quality and innovative financial services to retail, corporate and institutional customers. PhillipCapital is an integrated financial services provider with approximately 3,500 staff in Asia and Europe and total shareholders’ funds in excess of US$600 million. In Japan, its member companies include Phillip Financials K.K., The Naruse Securities Co., Ltd, Atlantic Financial Corporation,co.,Ltd, Phillip Advisory KK, PhillipCapital Japan K.K. and PhillipCapital Japan Residential Fund.

About Atlantic Financial Corporation,co.,Ltd
Established on December 14, 2005, Atlantic Financial Corporation provides online FX Margin Trading Brokerage services to the retail market in Japan. The company is registered with the Japanese Financial Services Agency (Registration No.: 243,,Financial Instruments and Exchange Law).