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Luckily sold all at $9.40. But long term should be ok to hold...
fighting ( Date: 30-Jul-2025 18:40) Posted:
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Yep, it is kinda guesswork.
The fact is CP Invest rained on the ifast party big-time !
back to $7 soon ?
The fact is CP Invest rained on the ifast party big-time !
back to $7 soon ?
Not vested.
Frankly, the article is misleading.
The fact is, neither CP Invest or Cuscaden Peak or iFast has issued any statement. So whatever is written is pure guesswork.
Frankly, the article is misleading.
The fact is, neither CP Invest or Cuscaden Peak or iFast has issued any statement. So whatever is written is pure guesswork.
booneh ( Date: 20-Aug-2025 08:58) Posted:
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down down at 875 and 850
Start of down trend???
Volume really low as traders taking wait and see approach. Can expect wild swings unless BBs come in to push it back to $9.50
Posted this in another forum. this will help to answer your question...
Many investors are confused about the recent sell-down of iFAST shares by Cuscaden Peak, with some analysts or business journalists suggesting it&rsquo s due to a &ldquo change of view&rdquo or &ldquo profit-taking.&rdquo Perhaps let me help everyone unpack the real simpler reason by doing abit of homework and putting on thinking cap.
&zwnj
&zwnj Who is Cuscaden Peak?
&zwnj
Cuscaden Peak is jointly owned by Mapletree and CLA Real Estate Holdings. Both are real estate&ndash focused investors. Their mandate and expertise are in property, not digital businesses like iFAST.
&zwnj
How Did They End Up With iFAST?
&zwnj
In 2022, Cuscaden Peak acquired SPH. That deal included:
&zwnj
o Real estate assets (SPH REIT, Woodleigh Mall, Woodleigh Residences, student accommodation under Student Castle, nursing homes Orange Valley).
o Non&ndash real estate assets (M1 Limited and a large stake in iFAST, held under CP Invest).
&zwnj
The iFAST and M1 Limited stakes was never a core fit - it was simply &ldquo inherited&rdquo as part of the SPH acquisition.
&zwnj
Why Are They Selling?
&zwnj
Cuscaden Peak is not selling because they believe iFAST&rsquo s fundamentals have deteriorated. They are selling because:
&zwnj 1. iFAST is non-core to their real estate-centric strategy.
2. They cannot add value in the digital space.
3. It makes no sense for them to lock up hundreds of millions in a business outside their investment mandate.
&zwnj
Why Does It Pressure the Share Price?
&zwnj
- At the start, Cuscaden Peak held around 12% of iFAST.
&zwnj - Because iFAST has limited daily liquidity, they struggled to offload shares without causing price drops.
- They typically sold after quarterly results - when volume spikes - to reduce their stake.
&zwnj - Each time, the selling created downward pressure.
- Now, by cutting their stake below 5%, they avoid being labelled a &ldquo substantial shareholder.&rdquo This means they can sell the remainder more quietly, without disclosure each time.
&zwnj
What This Means for Investors
&zwnj
It&rsquo s misleading to say, &ldquo Temasek is selling iFAST, therefore Temasek is bearish on iFAST.&rdquo In reality:
&zwnj
1. The entity selling is Temasek&rsquo s real estate arm.
&zwnj 2. They are exiting a non-core holding, regardless of whether the stock is $7, $8, or $9.
&zwnj 3. This is portfolio rationalisation, not a judgement on iFAST&rsquo s long-term business.
&zwnj
&zwnj Bottom line: The correct headline to avoid misleading the market should be along the lines of&zwnj
" A legacy, non-core shareholder, CP Invest (a Temasek subsidiary), has pared down its stake in iFAST." .
&zwnj
&zwnj This is not a signal that its business prospects have suddenly worsened. Investors should distinguish between strategic exits and fundamental weakness.
Many investors are confused about the recent sell-down of iFAST shares by Cuscaden Peak, with some analysts or business journalists suggesting it&rsquo s due to a &ldquo change of view&rdquo or &ldquo profit-taking.&rdquo Perhaps let me help everyone unpack the real simpler reason by doing abit of homework and putting on thinking cap.
&zwnj
&zwnj Who is Cuscaden Peak?
&zwnj
Cuscaden Peak is jointly owned by Mapletree and CLA Real Estate Holdings. Both are real estate&ndash focused investors. Their mandate and expertise are in property, not digital businesses like iFAST.
&zwnj
How Did They End Up With iFAST?
&zwnj
In 2022, Cuscaden Peak acquired SPH. That deal included:
&zwnj
o Real estate assets (SPH REIT, Woodleigh Mall, Woodleigh Residences, student accommodation under Student Castle, nursing homes Orange Valley).
o Non&ndash real estate assets (M1 Limited and a large stake in iFAST, held under CP Invest).
&zwnj
The iFAST and M1 Limited stakes was never a core fit - it was simply &ldquo inherited&rdquo as part of the SPH acquisition.
&zwnj
Why Are They Selling?
&zwnj
Cuscaden Peak is not selling because they believe iFAST&rsquo s fundamentals have deteriorated. They are selling because:
&zwnj 1. iFAST is non-core to their real estate-centric strategy.
2. They cannot add value in the digital space.
3. It makes no sense for them to lock up hundreds of millions in a business outside their investment mandate.
&zwnj
Why Does It Pressure the Share Price?
&zwnj
- At the start, Cuscaden Peak held around 12% of iFAST.
&zwnj - Because iFAST has limited daily liquidity, they struggled to offload shares without causing price drops.
- They typically sold after quarterly results - when volume spikes - to reduce their stake.
&zwnj - Each time, the selling created downward pressure.
- Now, by cutting their stake below 5%, they avoid being labelled a &ldquo substantial shareholder.&rdquo This means they can sell the remainder more quietly, without disclosure each time.
&zwnj
What This Means for Investors
&zwnj
It&rsquo s misleading to say, &ldquo Temasek is selling iFAST, therefore Temasek is bearish on iFAST.&rdquo In reality:
&zwnj
1. The entity selling is Temasek&rsquo s real estate arm.
&zwnj 2. They are exiting a non-core holding, regardless of whether the stock is $7, $8, or $9.
&zwnj 3. This is portfolio rationalisation, not a judgement on iFAST&rsquo s long-term business.
&zwnj
&zwnj Bottom line: The correct headline to avoid misleading the market should be along the lines of&zwnj
" A legacy, non-core shareholder, CP Invest (a Temasek subsidiary), has pared down its stake in iFAST." .
&zwnj
&zwnj This is not a signal that its business prospects have suddenly worsened. Investors should distinguish between strategic exits and fundamental weakness.
Kilatkilat ( Date: 19-Aug-2025 21:00) Posted:
|
past few years, yield 0.3 to 0.98% (up to now 2025), any advice worth to get in?
If it is so good, why CP sold so much?
st3p178 ( Date: 19-Aug-2025 18:30) Posted:
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Arrange by UBS and Morgan Stanley. Placement should be taken in private wealth clients or asset managers. So, it is a good news. That means at $9 plus, they are buyers... I think this may be the last time we see the price under $9. 😉 💪
Gone case. Cp sold many more than it was reported..
alexvar ( Date: 19-Aug-2025 15:34) Posted:
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from smartKarma
IFAST Placement - Great Track Record but the Stock Is Toppish.
I seem to agree, a lot of profit taking now.
too optimistic ifast can reach $10 before the Q3 results ?
IFAST Placement - Great Track Record but the Stock Is Toppish.
I seem to agree, a lot of profit taking now.
too optimistic ifast can reach $10 before the Q3 results ?
Money moves from the impatient to the patient . The group that paid $9.13 per share will wait to sell at $19.13. They not stupid lah.
Congratulations...!!! Strategic... will be above $10 again soon....
placement is better then selling in the open market. I see this as a good news..... retail investors always get penalised cos most of them speculative and does not look at profit numbers and does not understand the impact of placement vs open market selling.
the panic has already prove painful too many. Hopefully, they buy back in time to minimise the pain. 🤣
placement is better then selling in the open market. I see this as a good news..... retail investors always get penalised cos most of them speculative and does not look at profit numbers and does not understand the impact of placement vs open market selling.
the panic has already prove painful too many. Hopefully, they buy back in time to minimise the pain. 🤣
turtletrader ( Date: 19-Aug-2025 09:42) Posted:
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Nope....They went below 5% only I think because they sold only half.
alexvar ( Date: 19-Aug-2025 14:36) Posted:
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the block sale is fully completed, right?
so, CP invest should not be a problem from now on?
so, CP invest should not be a problem from now on?
SmallSmall ( Date: 19-Aug-2025 13:38) Posted:
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Here comes the rebound.....CP Investment has been selling all along for those who has followed this stock.
The only thing I do not like about the sale is the sale was broken into so many small trances.
The only thing I do not like about the sale is the sale was broken into so many small trances.
SmallSmall ( Date: 19-Aug-2025 12:49) Posted:
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Subject to confirmation from CP Invest within the next two days, the disposal of 14.35 million
shares, representing 4.72 percent of iFAST Corp&rsquo s latest issued shares,
would reduce CP Invest&rsquo s interest in iFAST Corp from about 9.6 percent to approximately 4.9 percent, thereby resulting in CP Invest
ceasing to be a substantial shareholder of iFAST Corp.
Darn, temasek now owns less than 5 percent of IFAST.
We will not see any more news from CP invest publicly anymore.
CP can dump more iFAST stock without any SGX announcements.
DYODD
shares, representing 4.72 percent of iFAST Corp&rsquo s latest issued shares,
would reduce CP Invest&rsquo s interest in iFAST Corp from about 9.6 percent to approximately 4.9 percent, thereby resulting in CP Invest
ceasing to be a substantial shareholder of iFAST Corp.
Darn, temasek now owns less than 5 percent of IFAST.
We will not see any more news from CP invest publicly anymore.
CP can dump more iFAST stock without any SGX announcements.
DYODD
SINGAPORE (19 August 2025) &mdash iFAST Corporation Ltd. (&ldquo iFAST Corp&rdquo , and together with its
subsidiaries, the &ldquo Group&rdquo ) refers to the Bloomberg article dated 18 August 2025, titled &ldquo IFast
Holder CP Invest Seeks Up to US$104 Million in Block: Terms&rdquo .
CP Invest Ltd (&ldquo CP Invest&rdquo , formerly known as SPH Invest Ltd), a substantial shareholder of
iFAST Corp prior to the transaction referred to in the Bloomberg report, was quoted as having
placed out 14.35 million iFAST Corp shares.
Based on information reported on the SGX exchange this morning, there were a few married
trades totalling 14.35 million shares in iFAST Corp transacted at $9.12. This represents an
average 6.7% discount to Monday&rsquo s closing price of $9.77. The Company believes this to be a
share placement by CP Invest which was handled by UBS and Morgan Stanley.
Subject to confirmation from CP Invest within the next two days, the disposal of 14.35 million
shares, representing 4.72% of iFAST Corp&rsquo s latest issued shares, would reduce CP Invest&rsquo s
interest in iFAST Corp from about 9.6% to approximately 4.9%, thereby resulting in CP Invest
ceasing to be a substantial shareholder of iFAST Corp.
The Company would like to state that the above-mentioned share placement does not involve the
issuance of any new shares in iFAST Corp.
By Order of the Board
Lim Chung Chun
Chairman / Chief Executive Officer
iFast Malaysian unit gets central bank approval to operate as e-money issuer
This paves the way for iFast to introduce payment-related services that complement its existing suite of wealth management and digital banking solutions
[SINGAPORE] iFast Pay Malaysia, a Malaysia-incorporated subsidiary of iFast : AIY -0.1%, has received in-principle approval from Bank Negara Malaysia to operate as an electronic money (e-money) issuer and hold a Money Services Business Class A licence.
The approval from the Malaysian central bank is a &ldquo regulatory milestone&rdquo in the country, paving the way for iFast to introduce payment-related services that complement its existing suite of digital banking and wealth management solutions, the group said on Friday (Aug 15) evening.
This development comes as iFast aims to develop fintech services that complement its digital banking and wealth management platforms under a three-year plan.
The digital bank said the payments segment is a &ldquo strategic focus area&rdquo as it seeks to deliver more integrated services across its B2C, B2B and iFast global markets platforms.
&ldquo The addition of e-payment and cross-border remittance capabilities will further strengthen the group&rsquo s ambition to deliver a comprehensive and fully integrated digital wealth management ecosystem,&rdquo iFast said.
Dennis Tan, CEO of iFast Malaysia, said that over the next year or so, iFast plans to introduce a slew of new payment-related solutions these include a multi-currency prepaid card that supports instant payments for everyday purchases and international travel.
Tan noted that the iFast&rsquo s assets under administration in Malaysia recently surpassed RM10 billion (S$3.1 billion).
iFast Pay Malaysia will initially focus on expanding and enhancing its multi-currency e-wallet services, prepaid cards linked to the e-wallet, and cross-border payment capabilities in Malaysia.
Beyond this, the group plans to strengthen the integration between its wealth management platform and its digital payment services to allow customers to move seamlessly between investing and transacting.
Lim Chung Chun, chief executive and chairman of iFast, said that by harnessing technology to integrate payments into the company&rsquo s wealth management offerings, the group aims to deliver a convenient and cost-competitive solution to its customers.
iFast said that with the added capabilities, customers will be able to invest, earn, deposit and pay through a single platform, eliminating the need to manage multiple service providers.
The group added that this will provide a more unified customer experience and enhance its competitive positioning against traditional banks.
iFast is a Singapore-incorporated digital banking and wealth management platform. It first entered the payments arena with the launch of the FSMOne Singapore debit card in 2022 it later introduced the iFast Global Bank debit card in the UK in March 2025.
The group operates in Singapore, Malaysia, Hong Kong, China and the UK. Its main business divisions comprise wealth management, digital bank and ePension divisions. As at Jun 30, 2025, its assets under administration stood at S$27.2 billion.