iFAST Corporation Ltd. (Stock Code: AIY) officially listed on the SGX-ST Mainboard on 11th December 2014
After months of intense preparation, iFAST Corporation Ltd. has successfully listed on the Mainboard of Singapore Exchange – Securities Trading (SGX-ST), becoming one of the forty financial companies listed with the Exchange in Singapore.
After a gong-striking ceremony, where our Chairman and CEO Mr. Lim Chung Chun was joined by Ms Mita Natarajan, Senior Vice President of Corporate Services, Listings from Singapore Exchange on stage, trading commenced officially.
Shares of the company opened at S$0.995 and rose to an intra-day high of $1.015 before closing at S$1.010, rising 6.3% in our first day of trade.
Together with the listing of the company, the Investor Relations (IR) section on our corporate website (www.ifastcorp.com) also went live, featuring our share price movements (10 minutes delay) and other related stock information. The latest announcements posted to SGXNET by the company will also be made available in the IR section, alongside notice of all future investor events, media coverage of the company. Financial results, annual reports and other presentations will also be uploaded to provide the latest information to our shareholders and the investment community.
iFAST Corporation Ltd. would like to thank all our working partners and professionals who have made the listing possible, including our Joint Issue Managers, Bookrunners and Underwriters DBS Bank Ltd. and DMG & Partners Securities Pte Ltd; our Share Registrar Tricor Barbinder Share Registration Services; our Legal Advisers Stamford Law Corporation and Rajah & Tann Singapore LLP, Christopher & Lee Ong (Malaysia), Angela Wang & Co. (Hong Kong) and Yuan Tai Law Offices (PRC); our Independent Auditors and Reporting Accountant KPMG LLP; as well as our vendors and staff who have given their utmost support to make the listing a success.
About iFAST Corporation
iFAST Corporation is an Internet-based investment products distribution platform, with assets under administration of approximately S$5.13 billion as at end-September 2014. Incorporated in the year 2000 in Singapore, iFAST Corporation provides a comprehensive range of services, including investment administration and transactions services, research and trainings, IT services and backroom functions to banks, financial advisory firms, financial institutions, multinational companies, as well as investors in Asia. The company is also present in Hong Kong, Malaysia and China.
iFAST Corporation has two main business divisions, namely our Business-to-Consumer (B2C) website,
Fundsupermart.com, targeted at DIY investors; and our Business-to-Business (B2B) platform that caters to the specialised needs of financial advisory (FA) companies, financial institutions and banks.
As at end September 2014 and across the jurisdictions we operate, iFAST Corporation has over 115 distribution agreements with global fund houses offering over 1,800 investment products (including over 1,600 funds) on the platform. Over 5,000 FA representatives from more than 150 banks, financial institutions and FA companies use the iFAST B2B platform.
*IMPORTANT NOTICE
The prospectus dated 4 December 2014 (the “Prospectus”) relating to the Offering has been registered by the Monetary Authority of Singapore on 4 December 2014. This article is for information only and does not constitute an offer or a solicitation or an invitation to purchase or subscribe for any securities and neither this article nor anything contained herein shall form the basis of any contract or commitment whatsoever. The information in in this article may contain certain forward-looking statements that involve assumptions, risks and uncertainties. Accordingly, it is qualified in its entirety by, and is subject to, the more detailed information set out in the Prospectus.
Any decision to subscribe for the New Shares should be made solely on the basis of information contained in the Prospectus and no reliance should be placed on any information other than that contained in the Prospectus. This offer of securities is accompanied by a Prospectus. Investing in our Shares involves risks which are described in the section entitled “Risk Factors” of the Prospectus. Anyone wishing to acquire these securities should read the prospectus before submitting his application and will need to make an application in the manner set out in the prospectus. These materials are not for publication or distribution, directly or indirectly, in or into the United States. This advertisement is not an offer of securities for sale in or to any country or jurisdiction except under such circumstances that will be in compliance with any applicable rules or regulations of any such country or jurisdiction. The securities referred to herein have not and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold within the United States except pursuant to an applicable exemption form, or in a transaction not subject to, the registration requirements of the Securities Act and state securities laws. No public offering of securities is being made in the United States. A printed copy of the prospectus is available for collection during office hours from the office of iFAST Corporation Ltd. at 10 Collyer Quay, #26-01, Ocean Financial Centre, Singapore 049315, from DBS Bank Ltd. at 12 Marina Boulevard, Level 46 Marina Bay Financial Centre Tower 3, Singapore 018982, or from DMG & Partners Securities Pte Ltd at 10 Collyer Quay, #09-08 Ocean Financial Centre, Singapore 049315, subject to availability.
To find out more about iFAST, contact us at (65) 6557 2000 or visit our website at www.ifastcorp.com
Singapore • Hong Kong • Malaysia • China