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iFAST Corporation Ltd ( (SG:AIY) ) has issued an announcement.
iFAST Corporation Ltd announced that CP Invest Ltd, a significant shareholder, has placed out 14.35 million shares, reducing its stake from 9.6% to 4.9%. This transaction, handled by UBS and Morgan Stanley, does not involve issuing new shares and results in CP Invest ceasing to be a substantial shareholder, potentially impacting iFAST’s shareholder structure and market perception.
The most recent analyst rating on (SG:AIY) stock is a Buy with a S$9.50 price target. To see the full list of analyst forecasts on iFAST Corporation Ltd stock, see the SG:AIY Stock Forecast page.
More about iFAST Corporation Ltd
iFAST Corporation Ltd is a company incorporated in Singapore, operating within the financial services industry. The company, along with its subsidiaries, provides a range of investment products and services, focusing on offering a comprehensive platform for wealth management solutions.
Average Trading Volume: 1,487,450
Technical Sentiment Signal: Buy
Current Market Cap: S$2.97B
See more data about AIY stock on TipRanks’ Stock Analysis page.