Singapore, Feb 1, 2026, 15:44 SGT — The market has closed.
- Temasek is no longer a substantial shareholder of iFAST following a share sale by a Temasek-linked vehicle
- On Friday, iFAST shares ended at S$10.54, slipping 0.6%
- Investors have their eyes set on Feb. 12, when iFAST will release its full-year results
According to a regulatory filing submitted after the latest trading session, Temasek Holdings is no longer a substantial shareholder in iFAST Corporation Ltd.
iFAST shares ended Friday at S$10.54, slipping 0.6%. The Singapore market remained closed over the weekend and is set to reopen Monday. (Investing)
Investors are focused on disclosures as earnings season ramps up, searching for clues on liquidity. In Singapore, a “substantial shareholder” is anyone owning 5% or more of voting shares. Dip under that threshold, and the rules for mandatory stake-change reports ease up.
iFAST announced it will publish its unaudited full-year results for the year ending Dec. 31, 2025, after market close on Feb. 12. (SGX Links)
According to the Form 3 filing, Temasek’s total stake fell slightly to 4.96% from 5.02% following CP Invest Ltd’s sale of 185,400 shares in the market on Jan. 28. The transaction was valued at S$2.03 million, with the filing noting the shift as “ceasing to be a substantial shareholder/unitholder.” (Ifastcorp)
iFAST is caught in a tricky spot. The company straddles retail trading and wealth platform flows, often reacting sharply whenever supply hits the tape.
Earlier this month, iFAST struck a conditional deal to acquire a 30% stake in Financial Alliance Corporation for S$19.575 million. The purchase will be financed through a mix of internal funds and external borrowings. Lim Chung Chun, iFAST’s group CEO and chairman, expressed optimism about helping the business become “the first listed financial advisory company on the Singapore Exchange.” (SGX Links)
Investors will be watching to confirm if the deal schedule and funding strategy remain on track, and whether iFAST notes any changes in client behavior as markets move into February.
Disclosures like this have their limits. The filing doesn’t reveal if additional selling is on the horizon and clarifies that Temasek’s stake comes via separately managed portfolio companies, not through direct ownership.
Investors are eyeing the Feb. 12 earnings release, set for after the market close. In the days surrounding the report, any additional shareholder announcements will also draw close attention.