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RAFFLES FINL GROUP LTD - RAFFF STOCK NEWS

Welcome to our dedicated page for RAFFLES FINL GROUP news (Ticker: RAFFF), a resource for investors and traders seeking the latest updates and insights on RAFFLES FINL GROUP stock.

Raffles Financial Group Limited (CSE: RICH) is a prominent financial services company listed on the Canadian Securities Exchange. The company has recently been involved in negotiations regarding the assignment of a Solution As A Service (SaaS) Agreement, aiming to secure the refund of a significant deposit. Additionally, RFG is working towards resuming trading on the Canadian Securities Exchange after completing outstanding audits for the financial years 2021, 2022, and 2023. The company also oversees Apex Financial Group Limited, its US-related entity, and has plans for the strike-off of dormant subsidiaries to streamline operations. Stay updated with Raffles Financial Group Limited for the latest developments in the financial sector.

Rhea-AI Summary
Raffles Financial Group Limited (CSE: RICH) provides an update on the status of the company, including the proposed Assignment of Solution As A Service Agreement, the resumption of trading upon completion of audit, the status of RFG's US related company, and the decision to strike off dormant companies.
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OTC Markets Group Inc. announced that Raffles Financial Group Limited has qualified to trade on the OTCQX Best Market starting September 3, 2021. This upgrade from the Pink market enhances the transparency and accessibility for U.S. investors looking to engage with Raffles Financial, which specializes in financial advisory services in Southeast Asia's US$ 1 billion market. The company is now listed under the symbol RAFFF, ensuring compliance with high financial and governance standards.

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FAQ

What is the market cap of RAFFLES FINL GROUP (RAFFF)?

The market cap of RAFFLES FINL GROUP (RAFFF) is approximately 11.4K.

What is Raffles Financial Group Limited known for?

Raffles Financial Group Limited is a well-known financial services company listed on the Canadian Securities Exchange.

What recent negotiations has RFG been involved in?

RFG has been negotiating the assignment of a Solution As A Service (SaaS) Agreement to secure the refund of a substantial deposit.

What are RFG's plans for resuming trading on the Canadian Securities Exchange?

RFG is working towards completing outstanding audits for the financial years 2021, 2022, and 2023 to resume trading on the Canadian Securities Exchange.

What is the relationship between RFG and Apex Financial Group Limited?

RFG oversees Apex Financial Group Limited, its US-related company, and is evaluating the distribution of Apex shares to RFG shareholders.

What measures is RFG taking to streamline operations?

RFG plans to strike-off dormant subsidiaries to maintain a lean and focused operational structure.
RAFFLES FINL GROUP LTD

OTC:RAFFF

RAFFF Rankings

RAFFF Stock Data

11.42k
50.08M
0.05%
Capital Markets
Financial Services
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Singapore
Singapore