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iFast clarifies response to SGX query; says no guidance on profit implied

Uma Devi

Uma Devi

Published Tue, Oct 13, 2020 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

Singapore

WEALTH management and brokerage platform iFast Corporation has clarified that a recent response to a query from Singapore Exchange Regulation (SGX RegCo) was not meant to imply anything about its coming results.

SGX RegCo had on Oct 9 queried the firm on "unusual price movements" after the counter ended the day 8.46 per cent higher at S$2.82. This was its second query in three months.

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