IFS Capital Ltd. (SG:I49) has released an update.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
IFS Capital Ltd. has announced that its subsidiary, IFS Asset Management Private Limited, has received a Capital Market Services Licence from the Monetary Authority of Singapore to operate as a licensed fund management company for accredited and institutional investors. The subsidiary transitioned from a registered fund management company to a licensed one in anticipation of regulatory changes effective August 1, 2024. This move signifies the company’s readiness to comply with new financial regulations and continue its fund management operations.
For further insights into SG:I49 stock, check out TipRanks’ Stock Analysis page.