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iFAST Proposes Acquisition Of HK Stockbroking Firm
Daily Bulletin | 11 June 2015
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iFAST Corporation has proposed the acquisition of Winfield Securities for an estimated consideration of HK$14.7 million, to be financed through its initial public offering proceeds.

Winfield Securities is engaged in securities trading and brokerage in Hong Kong. The proposed acquisition will allow iFast to conduct securities brokerage services in Hong Kong and expand the range of investment products available on its investment platform.

iFAST Corp  1.150 -0.010 -0.86%   
Business: Internet-based investment products distribution platform. [FY17 Geographical] Singapore (70.3%), Hong Kong (21.8%), Malaysia (7.0%), China (0.9%).

Insight: Oct-18, 9M18 revenue rose 27.8% supported by the g... Read More


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