RAF 0.00% 0.0¢ raffles capital limited

News: RAF Raffles Capital to acquire Singapore forex training and raw data provider

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    April 4 (Reuters) - Raffles Capital Ltd (RAF) :

    • To acquire Singapore forex training and raw data provider (RAF)
    • Acquisition price A$4 million - script only
    • Says company will need to issue a prospectus to raise up to A$1.5 million via

      a public offer

    • Agreed to acquisition of six capital (fx trading) pte ltd, Singapore (six

      capital) (acquisition) from Mr Patrick Teng (Vendor)

    • Six capital forecast EBITDA for FY 2015 is sgd$0.6 million, growing to

      sgd$2.6 million for FY 2016 and sgd$7.8 million in FY 2017

 
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Currently unlisted public company.

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