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UBS Group subsidiary emerges as substantial shareholder at iFAST

Felicia Tan
Felicia Tan1/18/2021 10:22 PM GMT+08  • 1 min read
UBS Group subsidiary emerges as substantial shareholder at iFAST
Shares in iFAST closed 10 cents higher or 2.2% up at $4.67 on Jan 18.
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UBS AG, a subsidiary of UBS Group AG, has become a new substantial shareholder at iFAST Corporation.

According to a Jan 18 filing, UBS AG bought 443,000 shares at a total cost of $1.85 million via market transaction.

This brings UBS’s total stake in iFAST to 13.89 million shares, or 5.1%, from 4.94% previously.

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