iFAST to raise S$75 mil in share offer with up to 7% discount
11 Jan 2022, 02:14 am
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iFAST Corporation CEO Lim Chung Chun (Filepix by Albert Chua/theedgesingapore)

SINGAPORE (Jan 10): iFAST Corporation is raising S$75 million by issuing 10 million new shares at a discount of between 4.5% and 7% from its last close of S$7.85.

In documents seen by The Edge Singapore, the wealth management fintech platform's base offer size is between 10.0 million and 10.3 million new shares, or some 3.6%-3.7% of existing outstanding shares, offered at between S$7.30 and S$7.50 per share. 

iFAST also announced a S$30 million upsize option of...(click on link for full story on theedgesingapore.com)

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