SGX RegCo has also ordered iFAST Corporation to confirm that it remains in compliance of listing rules.
On July 23, iFast posted record earnings of $4.53 million due to a 21.2% y-o-y increase in net revenue and 25.8% y-o-y increase in gross revenue.
On June 18, the company announced that it is one of the digital bank applicants to meet the eligibility criteria by the Monetary Authority of Singapore (MAS) to progress to the next stage of assessment.
As at 12.12pm, shares in iFAST Corp are changing hands 23 cents higher, or 11.9% up, at $2.16.
