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Singapore, Singapore–(Newsfile Corp. – January 11, 2022) – Raffles Financial Group Limited (CSE: RICH) (FSE: 4VO) (OTCQX: RAFFF) (“RFG” or the “Company”) wishes to announce that its operating subsidiary , Raffles Financial Advisory Pte Ltd (“RFA”, formerly known as Alto Vencap Pte. Ltd.), which was acquired by the Company in September 2021, has been successfully registered as a financing advisor to company exempt from the Monetary Authority of Singapore. An exempt corporate finance adviser providing corporate finance advisory services may serve accredited investors, expert investors or institutional investors, and is exempt from licensing and business conduct requirements under the Securities and Futures Act and relevant regulations.
“In addition to being a corporate advisory firm previously, RFA can now be the stand-alone financial advisor serving mid-market companies by providing a suite of financial services such as corporate finance advisory in IPOs , RTOs, mergers and acquisitions, family office and trust fund management, REITs & digital asset splitting and listing in Singapore,” exclaimed Albert Fan, Director of RFA.
About Raffles Financial Group Limited
Raffles Financial Group is listed on the Canadian Securities Purchase under the ticker symbol (CSE: RICH), the Frankfurt Stock Purchase under the ticker symbol (FSE: 4VO) and the OTC Markets under the ticker symbol (OTCQX: RAFFF).
For more information please contact:
Dong Shim, CFO
604-283-9853 OR
Monica Kwok, Investor Relations
Phone: +65 6909 8765
Email: monica@rafflesfinancial.co
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. this release may constitute “forward-looking statements” or “forward-looking information” (collectively “forward-looking information”) as such terms are used in Canadian securities laws. Such statements relate to future events or future performance. Use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “project”, “estimate”, “anticipate” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on current beliefs or assumptions about the outcome and timing of such future events.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/109767
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