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Temasek cuts iFAST stake below 5% — what to watch for AIY share price as SGX reopens
1 February 2026
1 min read

Temasek cuts iFAST stake below 5% — what to watch for AIY share price as SGX reopens

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.

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.

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.com

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.

Stock Market Today

  • ASX Penny Stocks Over A$20M to Watch Amid Market Recovery
    May 18, 2026, 11:36 PM EDT. Australian market futures point to a possible 1% rise despite weak Wall Street and volatile commodities. Penny stocks on the ASX, defined here as smaller companies with market capitalizations over A$20 million, are drawing investor interest due to their growth potential. Asset Vision Co Limited (ASX:ASV), with a market cap of A$24.79 million, operates in enterprise asset management and is unprofitable but cash flow positive, debt-free, and financially sound with no recent dilution. Archer Materials Limited (ASX:AXE), valued at A$78.37 million, focuses on semiconductor technology for quantum computing and medical diagnostics. Though pre-revenue and unprofitable, it has reduced losses, maintains cash runway over one year, and shows stable share price volatility. Both companies highlight cautious optimism in this segment amid broader market uncertainty.

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