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)