General Announcement::SGX welcomes iFAST Corporation to Mainboard

Issuer & Securities

Issuer/ Manager
SINGAPORE EXCHANGE LIMITED
Securities
SINGAPORE EXCHANGE LIMITED - SG1J26887955 - S68
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
11-Dec-2014 10:35:39
Status
New
Announcement Sub Title
SGX welcomes iFAST Corporation to Mainboard
Announcement Reference
SG141211OTHRQWIP
Submitted By (Co./ Ind. Name)
Carolyn Lim
Designation
Vice President
Description (Please provide a detailed description of the event in the box below)
Singapore Exchange (SGX) today welcomed iFAST Corporation to Mainboard, under the stock code of AIY .

Headquartered in Singapore, iFAST Corporation is an Internet-based investment products distribution and administration platform that provides investment administration and transactions services, research and training, software tools, IT services and backroom functions to financial advisory firms, financial institutions, as well as retail investors in Asia. iFAST Corporation is present in Singapore, Hong Kong, Malaysia and China.

Lim Chung Chun, Chairman and Chief Executive Officer, iFAST Corporation, said, The IPO is an important milestone in our 14-year history. We will like to thank our customers and business partners for their support all these years. As we embark on the next phase of our journey, we continue to look to our mission statement, to help investors around the world invest globally and profitably , to guide us in our new initiatives.

Lawrence Wong, Head of Listings, SGX, said, We are pleased to welcome iFAST Corporation, a home-grown company, to SGX. Leveraging on its strong relationships with suppliers and scalable business model, iFAST Corporation provides a one-stop distribution platform for a wide range of investment products. The financial services sector is an important contributor to Singapore s vibrant economy and SGX is proud to be supporting this sector by providing a capital-raising platform.

The listing of iFAST Corporation brings the number of financial companies listed on SGX to 40, with a total market capitalisation of S$272 billion.

Shares in iFAST Corporation opened at S$0.995 today, up 5%.

Attachments

20141211 SGX_welcomes_iFAST_Corp_to_Mainboard.pdf
Total size =279K