ayondo targets IPO at Singapore Exchange (SGX)
October 11, 2017//Comments Off on ayondo targets IPO at Singapore Exchange (SGX)
Singapore, 11th October 2017 – Financial technology group ayondo remains on track to be
the first FinTech company to be listed in Singapore. It will seek a listing through an Initial
Public Offering (IPO) instead of the Reverse Takeover (RTO) as announced in mid 2016.
The RTO was brought to an end in September because certain conditions of the Sales
Purchase Agreement between the parties could not be fulfilled by ayondo’s contractual
partner
[embeddoc url=”https://singaporefintech.org/wp-content/uploads/2017/10/FINAL-EN-Press-Release-IPO.pdf” download=”all”]
Singapore FinTech Association (SFA) is a non-profit and cross-industry organisation to support the development of the FinTech sector and facilitate collaboration between all market participants and stakeholders in the FinTech ecosystem.
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