Asset Acquisitions and Disposals::COMPLETION OF SALE OF A 5% STAKE IN iFAST CHINA BUSINESS FOR USD1.75 MILLION

Issuer & Securities

Issuer/ Manager
IFAST CORPORATION LTD.
Securities
IFAST CORPORATION LTD. - SG1AF5000000 - AIY
Stapled Security
No

Announcement Details

Announcement Title
Asset Acquisitions and Disposals
Date &Time of Broadcast
29-Jun-2016 17:52:27
Status
New
Announcement Sub Title
COMPLETION OF SALE OF A 5% STAKE IN iFAST CHINA BUSINESS FOR USD1.75 MILLION
Announcement Reference
SG160629OTHRY2NR
Submitted By (Co./ Ind. Name)
Lim Chung Chun
Designation
Chairman/ Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Please refer to the attachment.


The initial public offering of shares and listing of iFAST Corporation Ltd. on the Main Board of the Singapore Exchange Securities Trading Limited was jointly sponsored by DBS Bank Ltd. and RHB Securities Singapore Pte. Ltd. (formerly known as DMG & Partners Securities Pte Ltd) as joint issue managers, bookrunners and underwriters ("Joint Issue Managers, Bookrunners and Underwriters"). The Joint Issue Managers, Bookrunners and Underwriters assume no responsibility for the contents of this announcement.

Attachments

iFAST_Selling_5_percent_stake_in_iFAST_China_Business.pdf
Total size =63K