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iFast optimistic on growth led by expansion of consumer offerings

Stanislaus Jude Chan
Stanislaus Jude Chan11/1/2017 12:24 PM GMT+08  • 2 min read
iFast optimistic on growth led by expansion of consumer offerings
SINGAPORE (Nov 1): Maybank Kim Eng says investment products distribution platform iFast Corporation is likely to drive revenue growth through increased volume instead of improved margins.
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SINGAPORE (Nov 1): Maybank Kim Eng says investment products distribution platform iFast Corporation is likely to drive revenue growth through increased volume instead of improved margins.

This comes amid increased competition for iFast’s business-to-consumer (B2C) product offerings such as its online robo-advisory services and FSMOne platform.

“iFAST is positive that expansion of its B2C product offerings can drive growth,” says Maybank analyst Ng Li Hiang in a non-rated report on Wednesday.

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