News and Announcements
iFAST (SGX:AIY) Announcement May 2015
- Published May 04, 2015 3:21PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
iFAST Corporation Investor Relations Announcement, 30th April 2015
The Board of Directors of iFAST Corporation Ltd. (“the Company”) is pleased to announce that the Company’s wholly-owned subsidiary, iFAST Financial Pte Ltd (“iFAST Financial”) has obtained approval from the Monetary Authority of Singapore (“MAS”) to its application to extend its conduct of dealing in and providing custodial services for securities to include bonds and exchange-traded funds (“ETFs”), subject to additional licence conditions proposed by MAS.
The approval will allow iFAST Financial to broaden the range of investment products that it can distribute.
iFAST Financial is planning to commence the distribution of bonds and ETFs in Singapore during the second quarter of 2015.
To read the full document, please click on the link below.