Username
Password
Forget Password?
  1. Indices
  2. Commodities
  3. Currencies
Straits Times 3,350.28 -12.15 -0.36%
Hang Seng 29,549.80 -256.03 -0.86%
Dow Jones 26,493.81 -103.24 -0.39%
Shanghai Composite 3,123.83 -77.79 -2.43%
iFAST Proposes Acquisition Of HK Stockbroking Firm
Daily Bulletin | 11 June 2015
Related stocks:
AIY
By:

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  1.140 +0.010 +0.88%   
Business: Internet-based investment products distribution platform. [FY18 Geographical] Singapore (65.9%), Hong Kong (23.9%), Malaysia (8.9%), China (1.3%).

Insight: Feb-19, FY18 revenue rose 19.8% as Co's asset unde... Read More


Join The Conversation
The Shares Investment editorial team welcomes constructive feedback on our coverage and content. We would also be delighted to answer any questions on the above article. Leave us a comment below, and we'll get back to you shortly!

All Rights Reserved. Pioneers & Leaders (Publishers) Pte Ltd. Best viewed with Mozilla Firefox 3.5 and above.