SEE: Expect record 4Q20 earnings by iFast Corp on record AUA: CGS-CIMB
iFast had participated in the tender for the eMPF Platform project with PCCW Solutions as their Prime Subcontractor for a category that includes MPF scheme operation services, transformation services and user delivery services.
iFast’s participation in the eMPF Platform project is subjected to finalisation of contractual details and more details will be announced.
Hong Kong’s eMPF Platform aims to standardise, streamline and automate the MPF scheme administration processes to create room for fee reduction and a predominantly paperless experience in the MPF System.
See also: Singapore’s CDL to sell $2.75 bil office complex to cut debt
iFast shares closed Friday, Jan 29 at $5.51, up 9.33%.
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