Winter 2013

Kingsway Capital of Canada Corporate Presentation

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Executive Summary

3

Bringing the

best of

both worlds

together for

20+ years

Kingsway Capital of Canada – a Toronto-based corporate advisory services

firm combining solid domestic credentials with strong Asian connections.

Acting as the bridge for Canadian business and Asian capital for 10+ years.

Subsidiary of HK-based Sunwah International (TSX: SWH), a global

financial services company, merchant bank and asset manager.

TSX-listed SWH contributes:

– Over 20-year track record (10+ years in China)

– Solid global relationship network and strong ties in Asia

SWH’s primary shareholder is Sunwah Group, a prominent,

Asian conglomerate (HK based) providing added

support and access to high profile brand and affiliations.

Kingsway Canada’s operations are augmented by sister

offices in Hong Kong, Shenzhen, Shanghai and Beijing.

Experienced and seasoned management team.

Expertise in natural resources, investment banking,

corporate finance, capital markets and

asset management.

Sunwah Group

Sunwah is SWH’s lead shareholder – a major capital supplier since inception.

Founded in 1957, this Hong Kong-based, international conglomerate is one

of Asia’s largest seafood trading and processing groups.

Over 100 subsidiaries employ more than 4,000 in

HK, Macau, China, Asia, Canada, US, Australia.

Dr. Jonathan Choi, Chairman, leads Sunwah’s

investments in food and seafood, financial services,

real estate, infrastructure, technology and media.

The second-largest shareholder in VinaCapital, the

largest fund management company in Vietnam.

Dr. Choi holds high-profile positions in many

trade, community and university organizations; a

member of the National Committee of the Chinese

People’s Political Consultative Conference, PRC.

Provides SWH/KCC with invaluable, high-level

business affiliations and ability to leverage the

well-known Sunwah Group brand in Asia.

4

In 2010

Sunwah

Group

became the

largest SWH

shareholder

with a stake

of 67%

SWH Current Corporate Structure

5

SWH

(TSX Listed)

Sunwah

Group

Other

Investors

67% 33%

Asset Management

Group

Capital Markets

Group

Strategic

Investment Group

Sunwah Kingsway

Capital (SWK)

Kingsway Capital

of Canada

• HKEx: 0188

• Broker Dealer

• Equity Capital Markets

• Corporate Finance

• Sales & Trading

• Research

• Corporate advisory services

• General advisory services

Natural

Resources

Investments 65.56% 100%

Parent Company (TSX: SWH)

Sunwah International (TSX: SWH) - Fully integrated operations

in Hong Kong, Shenzhen, Shanghai, Beijing and Toronto.

– Capital Markets Group (CMG)

• Kingsway Canada (corporate advisory)

• Sunwah Kingsway (brokerage, capital markets)

– Strategic Investment Group (SIG)*

• Global merchant bank; energy/resources focus

– Asset Management Group (AMG)*

• Private equity funds; pursuing growth opportunities

SWH is uniquely positioned to capitalize on:

– CMG: China’s growth; Chinese enterprise activity

in HK markets; linking Canadian growth with Asian

capital and opportunities

– SIG: Global opportunities poised to benefit from

China’s ongoing need for foreign natural resources

– AMG: Significant capital inflows into China and

ongoing rise in Chinese liquidity pools

– Servicing investment flows from Europe, NA and

the Middle East, particularly to China and Asia

6

SWH evolved

from holding

to operating

company to

implement

international

operations

and strategy

* See Appendix B for additional information

Capital Markets Group (CMG)

7

A reputation

for capital

markets

excellence

spanning

20+ years

Kingsway Capital of Canada Inc.

• Provision of quality corporate advisory services

• Domestic and international strategies

• Revitalized management team and focus

Sunwah Kingsway Capital Holdings Limited

• Hong Kong based with offices in Beijing, Shanghai and Shenzhen

• Award-winning brokerage operations and provider of premium

financial solutions in corporate finance, sales, trading and research

• Strong international/domestic distribution; wide-reaching relationships

• Listed on the Hong Kong Stock Exchange (stock code: 0188)

8

Deep Relationships in Asia

Partnership Structuring

Capital Markets (SWK)

Financing Capabilities

Market Knowledge

Deal Intelligence

Corporate Advisory

Execution Expertise

Kingsway

Canada is an

effective

partner for

North

American

companies

seeking

Asian capital

and

relationships

Kingsway Capital of Canada

International Strategy:

9

Kingsway

Canada is an

active player

in domestic

M&A and

advisory

services

Representing Sunwah International’s focus on the North American,

particularly Canadian, marketplace.

Quality corporate advisory services:

• General advisory services

• Mergers & acquisitions

Seasoned management team with deep business connections.

Revitalized leadership offers strong experience and track records in

investment banking, research, sales, trading and private equity.

Kingsway Capital of Canada

Domestic Strategy:

Doug Betts, Executive Chairman

In addition to his seat on the company’s Board of Directors, Mr. Betts is President and Chief

Executive Officer of Sunwah International. He has been associated with Sunwah International

and its subsidiaries for approximately 20 years and has been a director of Sunwah International

(formerly Kingsway International) since August 1995. Prior to his position as CEO, Mr. Betts

founded Kingsway Capital of Canada (KCC) where he was CEO from 2001 until 2008. He also

founded and was the initial CEO of Golden China Resources Ltd., a gold mining and production

company that operated in China and was affiliated with KCC from 2004 to 2006, and co-founded

Borealis Funds Management Ltd. where he served from October 1997 to March 2001 as

Managing Director responsible for sourcing and structuring investment transactions. Before

joining Borealis, Mr. Betts was a partner with Torys LLP, a Canadian law firm where he practiced

business law with an emphasis on securities and real estate. Mr. Betts has an LLB from the

University of Toronto.

Jonathan Robinson, Partner

Mr. Robinson started his professional career in asset management for Charterhouse Bank in

London England in 1986. He then spent four years as a media banker with The Bank of Nova

Scotia in Toronto. Jonathan was a top-ranked media and telecommunications analyst from 1993

to 2001 with ScotiaMcLeod, First Marathon and National Bank. He then went on to run global

sales and trading for Westwind Partners (purchased by Thomas Wiesel) and then founded

Sandfire Securities which became NCP Northland Capital Partners. For most of the last four

years, Mr. Robinson has focused on investment banking, bringing his extensive research and

sales and trading experience to provide a comprehensive and differentiated perspective to

clients. He has participated in, and completed, over $2 billion in transactions in the last four

years.

10

Kingsway Canada Team

Robert Fung, Independent Non-Executive Director

Mr. Robert Fung is an Independent Non-Executive Director of Sunwah International and an

advisor to Macquarie Canada Capital Markets Group, bringing strong corporate finance

expertise, particularly in the natural resources sector, to the Sunwah International board.

The former Chairman of the predecessor to Macquarie Canada Capital Markets Group, Mr.

Fung sits on the Boards of a number of private, public and charitable organizations,

currently serving as Chairman of Crystallex International Corporation and Deputy

Chairman of Asia Pacific Foundation of Canada. He also holds directorships with Mount

Sinai Hospital, Export Development Canada and GLOBE Foundation of Canada and is a

former member of the Province of Ontario's BioCouncil and the former Chairman of Smart

Toronto. Mr. Fung was a member of the Prime Minister of Canada’s Advisory Committee

on Asia Pacific Economic Corporation as well as a member of the Government of Canada’s

Department of Industry International Trade and Agricultural Team Canada Inc. Advisory

Board, which advised the Government of Canada in setting strategic direction and

performance objectives for Canada’s international business development.

11

Kingsway Canada Team

Kingsway Canada Summary

12

Uniquely

positioned

as a mid-

market

bridge

between

East and

West

Domestic strategy targeting small to mid-cap North American enterprises.

International strategy specializing in linking North American deal flow and

expertise with Asian capital and markets, particularly in natural resources.

Unique ability to identify, advise and guide select North American

businesses with diversification into key parts of Asia, including China.

Access to strategic, high-level business and government affiliations in

Asia (through parent company); key relationships in North America.

Proven track record and foothold.

Strong experience in both North American and Asian markets, supported

by a seasoned management team.

Solid competitive advantage:

• Sunwah Group backing, relationships and brand in Asia (55+ years)

• Reputation for capital markets excellence in HK/China (22 years)

• Strong Hong Kong foothold and Asian on-the-ground presence

• Significant multi-sector expertise, including Canada and Australia

Contact Information

KINGSWAY CAPITAL OF CANADA INC.

Jonathan Robinson

8 King Street East, Suite 1200

Toronto, Ontario, Canada

M5C 1B5

TEL: 416-861-3099 Ext. 0234

jrobinson@kingswaygroup.ca

www.kingswaygroup.ca

SUNWAH INTERNATIONAL LTD.

c/o Sunwah International Financial Services Ltd.

Unit A, 26/F, United Centre

95 Queensway

Hong Kong

TEL: 852 2989 9321

www.sunwahinternational.com

13

14

Appendix A

• Asia saw the second-highest growth rate in wealth in 2011 globally.

• Its projected growth over the next 5 years is the highest among all regions.

• By 2016, it is estimated to hold more than ¼ of the world’s private wealth,

second only to North America.

15

The Asian Opportunity

Source: BCG Global Wealth Market-Sizing Database, 2012; BCG The Battle to Regain Strength, May 2012

Asia is

accumulating

wealth at the

fastest pace

Deepening concerns in the Eurozone and the continued U.S. recession

have created an influx of capital into China and Asia.

Heightened interest in international opportunities for risk-sensitive

Asian investors.

China, India and SE Asia will experience major growth for the next 10-20 yrs.

Regional growth highly dependent on access to commodities:

• Energy (oil & gas) – transportation needs and upgrade in lifestyle

• Base metals – urbanization and infrastructure needs

• Precious metals – hedge against inflation, currency fluctuation and

financial crisis

Kingsway Canada is taking advantage of its strategic proximity to

high-growth regions.

16

Asian Outlook

China is one of the fastest growing

economies with growth expected to

continue as a result of:

– Economic strength and

consumption-led growth model

– PRC enterprise internationalization

– Growth of China capital pools

China is a leading natural resources

consumer to maintain its industrial growth;

the world’s largest gold

producer and consumer.

China has overtaken the U.S. as the

world’s largest energy consumer with

demand expected to double by 2030.

Hong Kong is emerging as the leading

Asian capital market for natural

resources and the capital market of

choice for PRC companies and investors

seeking Chinese exposure.

17

Chinese

growth to

continue

creating huge

opportunities

0%

10%

20%

30%

40%

50%

60%

China Percentage of Total Global Commodities Consumption 2011

China Outlook

18

Appendix B

Sunwah Kingsway Capital (HKEx: 0188), HK-based flagship subsidiary.

Focuses on mid-market enterprises, corporate finance, institutional sales,

trading, brokerage; 22-year history.

Top three ranking for “Best Local Brokerage in Hong Kong” by Asiamoney

for six consecutive years from 2005 to 2010.

Participation in some of Hong Kong’s largest, most successful domestic

investment banking transactions.

$70 million in equity capital.

Distribution network unparalleled by domestic peers; capabilities across

Asia with account relationships in HK, Singapore, Beijing, and Shanghai.

Research department currently has over 40 companies under coverage –

creating value for issuers as well as institutional and retail clients.

19

Sunwah

Kingsway is

the primary

operating

subsidiary

and flagship

of SWH

Capital Markets Group – Hong Kong based Affiliate

20

AMG acts as an additional corporate development channel for SWH’s

Capital Markets Group and Strategic Investment Group.

SWH offers an established track record for private equity management

in HK and China, targeting high growth investments in select markets.

Indirect channel for SWH shareholders to participate in unique investment

opportunities otherwise reserved for high net-worth investors.

Current and historical activities include partnering with reputable

multinationals like Sinochem and Softbank to enhance their asset

management capabilities.

SWH is actively pursuing opportunities for expansion and capitalizing on

the favourable arena in Hong Kong and China for asset management.

20

AMG is well

positioned

for

significant

growth

Asset Management Group – Sunwah International Division

Global merchant bank focused on unique investment opportunities in

energy and resources designed to profit significantly from China’s need

for foreign sources of commodities.

HK emerging as the largest capital market for mining and resources in Asia

due to China’s great demand for natural resources.

Kingsway Canada supports and leverages SWH’s activities in Hong Kong

through our base in Toronto, the world’s largest capital market for mining,

and oil and gas.

Aggressive growth plan backed by ability to:

• Identify world-class investment opportunities (focused expertise)

• Leverage relationships with some of China’s most prominent investors

21

Catalyst for

SIG is

emergence

of China and

the Region

as leading

resource

consumers

Strategic Investment Group – Sunwah International Division

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Appendix C – Case Study: Vietnam

Sunwah Group is the 2nd largest shareholder of VinaCapital,

the largest fund management company in Vietnam.

VinaCapital funds collectively have a total of $1.6 billion

of projects in Vietnam, including the London-listed

Opportunity Fund.

Sunwah Group is actively involved in Vietnam property

investment:

– Sun Wah Tower, joint venture with Marubeni

Corporation, is the landmark of Ho Chi Minh City

– Saigon Pearl Development, one of the largest property

development projects in Vietnam, located near

Ho Chi Minh City centre on the Saigon River

Operates seafood processing and trading of seafood,

coffee and agricultural products in Vietnam.

Sunwah Group, Sunwah International, Sunwah Kingsway

and VinaCapital share the same highly esteemed,

accomplished and decorated Chairman, Dr. Jonathan Choi.

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Sunwah

Group

continues to

play an

instrumental

role in

Vietnam’s

development

Sunwah Group in Vietnam