ZICO Holdings Inc. announced that ZICO Capital has been granted a capital markets services (CMS) licence by the Monetary Authority of Singapore on July 13.
The licence will allow ZICO Capital to conduct the regulated activity of advising on corporate finance.
Among other responsibilities, ZICO Capital may give advice to persons on compliance with laws or regulatory requirements, including the listing rules of Singapore Exchange relating to the raising of funds
ZICO Capital can also provide advice to persons making an offer to subscribe for or purchase of securities or to sell or dispose of securities and advise on arrangement, reconstruction or take-over of a corporation or of any of its assets or liabilities.
The grant of the CMS licence is not expected to have any material impact on the group’s earnings per share and net tangible asset per share for the financial year ending December.
ZICO Holdings closed flat at 28 cents.
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The licence will allow ZICO Capital to conduct the regulated activity of advising on corporate finance.
Among other responsibilities, ZICO Capital may give advice to persons on compliance with laws or regulatory requirements, including the listing rules of Singapore Exchange relating to the raising of funds
ZICO Capital can also provide advice to persons making an offer to subscribe for or purchase of securities or to sell or dispose of securities and advise on arrangement, reconstruction or take-over of a corporation or of any of its assets or liabilities.
The grant of the CMS licence is not expected to have any material impact on the group’s earnings per share and net tangible asset per share for the financial year ending December.
ZICO Holdings closed flat at 28 cents.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
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