iFast says its to-be-released financial results may explain jump in share price

IFAST Corp said its to-be-released unaudited financial results for the third quarter ended Sept 30 may explain unusual price movements in the company's share on Monday.

The brokerage platform and wealth manager was responding to the Singapore Exchange Regulation 's queries, the second set issued to iFast in the past three months. The counter ended 8.46 per cent higher at S$2.82 on Monday, eliciting a set of queries from SGX RegCo at 4.55 pm. While iFast said it was not aware of any information not previously announced concerning the group which might explain the trading, it drew a possible link of its to-be-released third-quarter financial results to the trading.

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