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HOCK LOCK SIEW

Will iFAST steal other brokers' lunch?

The impact of iFAST's discount brokerage service will depend on DIY investors

SINGAPORE do-it-yourself (DIY) investors will have something to look forward to very soon with the imminent launch of a discount brokerage service by mainboard-listed iFAST Corporation.

The company's shares have surged to S$1.085, or 46 times earnings, defying brokers such as UOB Kay Hian

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