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iFAST says it is bidding in certain projects in Hong Kong, which may have material positive impact for business, in response to SGX query

Felicia Tan
Felicia Tan1/15/2021 1:3 PM GMT+08  • 1 min read
iFAST says it is bidding in certain projects in Hong Kong, which may have material positive impact for business, in response to SGX query
As at 1.02pm, shares in iFAST is trading 26 cents higher or 6.1% up at $4.54.
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Following its share price surge on 9.45am on Jan 15, iFAST Corporation has issued a statement via SGX at 12.37pm, that it is participating in the “bidding of projects, including certain ones in Hong Kong”, which may have a material positive impact on its business should the bid be successful.


See: iFAST triggers fourth query in six months on share price surge

The group cited its response on Aug 7, 2020, which indicated that it was working with telecommunications provider, PCCW, to digitise Hong Kong’s retirement funds system.

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