iFAST

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#1
Started by former Barings head of research Lim Chung Chun as fundsupermart.com...

http://www.channelnewsasia.com/news/busi...72810.html

The Singapore-headquartered company will kick off its book building roadshows in the region and London from next week. The firm is an online-based B2B and B2C investment products distribution platform.

PHOTOS
Screengrab of iFAST Corporation's website.
ENLARGECAPTION
SINGAPORE: Regional financial services firm iFAST Corporation will list on Singapore Exchange in December, sources close to the initial public offering (IPO) told Channel NewsAsia.

The Singapore-headquartered company will kick off its book building roadshows in the region and London from next week.

The firm, which counts SPH Asiaone as a key shareholder, is an online-based business-to-business (B2B) and business-to-consumer (B2C) investment products distribution platform. It also offers investment administration, transaction services and other backroom functions to banks, financial advisory firms, and multinational companies.

iFAST also operates in Malaysia and Hong Kong.

- CNA/dl
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#2
so where is the roadshow
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#3
https://opera.mas.gov.sg/ExtPortal/Publi...43ef6e6278
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#4
An online e-commerce company that actually makes money going IPO !!! Smile interesting

They have an Indonesian counterpart. Maybe Fundsupermart should acquire them.

https://www.techinasia.com/indonesia-bar...vestments/
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#5
(29-11-2014, 05:37 PM)btig Wrote: An online e-commerce company that actually makes money!!! Smile interesting

They have an Indonesian counterpart. Maybe Fundsupermart should acquire them.

https://www.techinasia.com/indonesia-bar...vestments/

Like that, online brokers also making money what.


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"... but quitting while you're ahead is not the same as quitting." - Quote from the movie American Gangster
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#6
(29-11-2014, 06:26 PM)opmi Wrote: Like that, online brokers also making money what.

That's why brokerages houses have either been acquired or privatized mah.

Big Grin
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#7
ifast / fundsupermart featured in tech-in-asia

https://www.techinasia.com/spirit-of-ent...-honorees/

It took iFast Corporation Ptd Ltd, a distribution platform for unit trust funds, four years to break even. However, never at any point of time since its inception did Mr. Lim Chung Chun , one of the two founders of the company, feel like giving up. He believes that if one thinks that his business will fail, it probably will. The company’s middle- to long-term approach lays the groundwork for its progress.

The company focuses on addressing the needs of its clients. Besides helping its clients makes good investment decisions, the company also takes note of aspects such as the user friendliness of its website. Mr. Lim’s proudest achievement to date is the fact that iFast Corporation Ptd rose from an anonymous start-up to one of the top distributors of unit trust funds in Singapore.
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#8
What's the IPO price for ifast?
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#9
who are their auditors? Should be 1 of the Big 4
Fundsupermart under IFAST is now a MNC spanning Sg, HK, Msia
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#10
It is priced at $0.95 per share.

http://www.btinvest.com.sg/markets/news/...ce=si_news
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