Raffles Financial Group Shifts Focus Amid Market Challenges

Raffles Financial Group ( (TSE:RICH) ) has provided an update.

Raffles Financial Group Limited has conducted a strategic review in light of challenging market conditions, particularly due to US-China trade relations and the impact of Trump Tariffs. The company is shifting its focus away from IPO and fundraising services to concentrate on helping listed and IPO-ready companies increase their market capitalization and achieve growth through sustainability and corporate strategies. This pivot is aimed at addressing the needs of mid-sized companies that are underserved by major investment banks. Additionally, RFG is working with top professionals to provide comprehensive advisory services, while its audit process for the past financial years is nearing completion with no significant issues reported.

More about Raffles Financial Group

Raffles Financial Group Limited is a company listed on the Canadian Securities Exchange, operating primarily in the Asia-Pacific region. It provides a range of services to companies in industries such as AI, blockchain, cloud-database, cybersecurity, renewable energy, and more. The company targets clients with a market cap between US$150 million to US$300 million, offering services in corporate restructuring, sustainability strategy, asset management advisory, and supply chain finance consultation.

Technical Sentiment Signal: Buy

Current Market Cap: C$142.7M

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