FFG 0.00% 1.1¢ fatfish group limited

NICE! Fatfish Increases Direct Stake Significantly in Singapore...

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    NICE!

    Fatfish Increases Direct Stake Significantly in Singapore Central Bank Licensed Smartfunding

    Highlights:

    Singapore central bank (MAS) has approved FFG to increase its stake in Smartfunding, a licensed and regulated entity

    FFG took up rights issue worth A$300,000 in Smartfunding, increased its direct stake from 19.9% to 39.95% in Smartfunding

    FFG’s Swedish subsidiary Abelco owns 49.4% stake in Smartfunding

    Increased of direct stake in Smartfunding is significant and position FFG to further drive the business of Smartfunding
 
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