Singapore Exchange (SGX) today welcomed iFAST Corporation to Mainboard, under the stock code of "AIY".  

Headquartered in Singapore, iFAST Corporation is an Internet-based investment products distribution and administration platform that provides investment administration and transactions services, research and training, software tools, IT services and backroom functions to financial advisory firms, financial institutions, as well as retail investors in Asia. iFAST Corporation is present in Singapore, Hong Kong, Malaysia and China.

Lim Chung Chun, Chairman and Chief Executive Officer, iFAST Corporation, said, "The IPO is an important milestone in our 14-year history. We will like to thank our customers and business partners for their support all these years. As we embark on the next phase of our journey, we continue to look to our mission statement, to 'help investors around the world invest globally and profitably', to guide us in our new initiatives."

Lawrence Wong, Head of Listings, SGX, said, "We are pleased to welcome iFAST Corporation, a home-grown company, to SGX. Leveraging on its strong relationships with suppliers and scalable business model, iFAST Corporation provides a one-stop distribution platform for a wide range of investment products.  The financial services sector is an important contributor to Singapore's vibrant economy and SGX is proud to be supporting this sector by providing a capital-raising platform."

The listing of iFAST Corporation brings the number of financial companies listed on SGX to 40, with a total market capitalisation of S$272 billion.

Shares in iFAST Corporation opened at S$0.995, up 5% today.



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