iFast Propose Subscription Of 694,400 New Ordinary Shares

July 14th 2015, iFast Corporation 

1. Introduction 

The board of directors (the “Directors” or the “Board“) of iFAST Corporation Ltd. (the “Company“, and together with its subsidiaries, the “Group“), refers to the announcements released on 6 July 2015, 7 July 2015 and 9 July 2015 in relation to the proposed subscription of 694,400 new ordinary shares in the capital of iFAST Corporation Ltd. (the “Subscription Shares“) at the issue price of S$1.44 for each subscription share (the “Previous Announcements“).

2. Receipt of Approval In-Principal 

2.1 Further to the Previous Announcements, the Board is pleased to announce that the SGX-ST has today given its approval in-principle (the “AIP“) for the listing and quotation of the 694,400 Subscription Shares on the Official List of the SGX-ST.

The following announcement has been uploaded onto iFAST Corporation Investor Relations website:

• Proposed Subscription Of 694,400 New Ordinary Shares – Approval In-Principle