IFAST : Malaysia Launches US and Hong Kong Stockbroking Services

FOR IMMEDIATE RELEASE

iFAST Malaysia Launches US and Hong Kong Stockbroking Services

MALAYSIA (30 July 2021) - iFAST Corporation Ltd. ("iFAST Corp" or together with its subsidiaries, the "Group") is pleased to announce that the Group's Malaysia operation, iFAST Capital Sdn Bhd ("iFAST Malaysia"), has launched trading capabilities in US and Hong Kong-listed securities, including stocks and Exchange Traded Funds ("ETFs"), on FSMOne.com, its Business-to-Consumer ("B2C") online multi-asset digital investment platform, which caters to self-directed investors.

The addition of US and Hong Kong stockbroking services in Malaysia follows the introduction of stocks and ETFs listed on Bursa Malaysia in March 2021. This is in line with the Group's objective of providing a comprehensive wealth management platform in Malaysia, similar to the Group's other core markets such as Singapore and Hong Kong.

Similar to the competitive pricing structure offered for Bursa-listed stocks, the investor community in Malaysia is now able to transact in US and Hong Kong-listed stocks and ETFs at a commission fee of 0.08%, subject to a minimum of USD 8.80 (RM 37) or HKD 50 (RM 27) per trade respectively.

For more information, please visit www.fsmone.com.myor read FSMOne.com Malaysia's full press release here: https://www.ifastcorp.com/ifastcorp/articleFiles/webarticles/14690/SG/FSMONEMY_US_HON G%20KONG%20SECURITIES.pdf

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About iFAST Malaysia

FSMOne.com Malaysia (previously known as Fundsupermart.com Malaysia) is a multi-asset digital investment platform under iFAST Capital Sdn. Bhd. ("iFAST Capital"), established in Malaysia since 2008.

iFAST Capital acquired a 'Participating Organisation' licence from Bursa Malaysia and approval from Securities Commission Malaysia to deal in securities in February 2021.

In addition, iFAST Capital is a holder of a Capital Markets Services Licence. It is licenced by the Securities Commission to deal in unit trusts and Private Retirement Schemes, offer investment advisory services, deal in OTC bonds and offer fund management services in relation to portfolio management. iFAST Capital is also registered with the Federation of Investment Managers Malaysia as an Institutional Unit Trust Adviser and Institutional Private Retirement Scheme Adviser and an approved Financial Adviser licensed by the Central Bank of Malaysia to conduct financial advisory business.

iFAST Capital is a subsidiary of iFAST Malaysia Sdn. Bhd., which is wholly owned by iFAST Corporation Ltd.

About iFAST Corp

iFAST Corp (stock code: AIY) is a wealth management Fintech platform, with assets under administration (AUA) of S$17.54 billion as at 30 June 2021.

Incorporated in the year 2000 in Singapore and listed on the SGX-Mainboard in December 2014, the Group is also present in Hong Kong, Malaysia, China and India. Through the years, the Group has built a well-established Fintech ecosystem connecting its product providers and clients.

iFAST Corp holds the requisite licences in the various jurisdictions it operates in to provide a wide range of products and services. As at end June 2021, the Group offers access to over 13,000 investment products including over 8,600 funds from over 270 fund houses, over 1,400 bonds, stocks and ETFs listed on the Singapore, Hong Kong and US stock exchanges, as well as services including online discretionary portfolio management services, research and investment seminars, Fintech solutions, and investment administration and transaction services.

The main business divisions of the Group include the Business-to-Consumer ("B2C") division, the Business-to-Business ("B2B") division, and the emerging Fintech Solutions/Business-to-Business-to- Consumer ("B2B2C") model. The B2C platform, FSMOne.com (formerly known as Fundsupermart.com), is a multi-products transactional platform that caters to investors who prefer to do their own investments online. The B2B platforms cater to the specialised needs of more than 520 financial advisory companies, financial institutions, banks and internet companies with over 10,000 wealth advisers. iFAST Fintech Solutions, the emerging Fintech Solutions/B2B2C model, was

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launched in recent years to provide innovative and customisable Fintech solutions for the B2B clients and business partners to empower them with their own B2C Fintech capabilities.

The Group's mission statement is, "To help investors around the world invest globally and profitably". In the Singapore Governance and Transparency Index (SGTI) released from 2016 to 2020, iFAST Corp has been ranked within the top 20% among SGX-listed companies.

For more information, please visit www.ifastcorp.com

Contacts:

Tan Chee Wei

1. 6505 [e-mail]

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