Ifast Corporation Ltd · SGX:AIY
Ifast — Shareholder Meeting (April 2017)
24 slides from Ifast's shareholder meeting presentation, Apr 11, 2017
Slide 1: Annual General Meeting
Annual General Meeting 11 April 2017 PRIVATE & CONFIDENTIAL. NOT FOR EXTERNAL CIRCULATION. CO. REG. NO. R200007899C 1
Slide 2: Disclaimer
Disclaimer This presentation should be read as an overview of iFAST Corporation Ltd.’s ("iFAST Corp" or together with its subsidiaries, the “Group”) current business activities and operating environment. This presentation should not be solely relied upon by current and potential investors when makin
Slide 3: Agenda
Agenda Section Title I Milestones & Vision Our replies to Securities Investors Association (Singapore) Q&A on II companies’ Annual Reports Annual General Meeting (AGM) III PRIVATE & CONFIDENTIAL. NOT FOR EXTERNAL CIRCULATION. CO. REG. NO. R200007899C 3
Slide 4: Section I: Milestones & Vision
PRIVATE & CONFIDENTIAL. NOT FOR EXTERNAL CIRCULATION. CO. REG. NO. R200007899C Section I: Milestones & Vision PRIVATE & CONFIDENTIAL. NOT FOR EXTERNAL CIRCULATION. CO. REG. NO. R200007899C 4
Slide 5: Business Overview
Business Overview • We are an Internet-based investment products distribution platform with assets under administration (AUA) of S$6.1 billion as at 31 December 2016 (stock code: AIY) • Two main business divisions: – Business-to-Consumer (B2C) platform, Fundsupermart (including its new FSMOne multi-
Slide 6: 2016 Milestones
2016 Milestones January May & June • Completion of acquisition of a • Joint Venture With PC International September & October stockbroking company in Hong (HK) Limited to incorporate PC iFAST • Organised “What Every Investor Kong Holding (SG) Pte. Ltd. Should Know Before Investing in Retail • Annual
Slide 7: Group AUA grew 8.1% YoY to record S$6.10 billion
Group AUA grew 8.1% YoY to record S$6.10 billion S$ million AUA (as at 31 Dec 2016): S$6.10 billion¹ $7,000 $6,000 $5,000 $4,000 $3,000 $2,000 $1,000 $- Dec-01 Dec-02 Dec-03 Dec-04 Dec-05 Dec-06 Dec-07 Dec-10 Dec-11 Dec-12 Dec-13 Dec-14 Dec-15 Dec-16 Dec-08 Dec-09 Jun-02 Jun-03 Jun-04 Jun-05 Jun-06
Slide 8: 2016 Summary
2016 Summary • In 2016, we have worked hard and made substantial progress on being a complete investment platform (rather than just a unit trusts platform) • Positioning ourselves for a potentially much bigger pie of wealth management industry, and not just the unit trusts industry • But 2016 saw to
Slide 9: Positioning ourselves for 2017 and beyond
Positioning ourselves for 2017 and beyond • In 2016, we have made concrete progress towards enhancing our platform capabilities with the launch of FSMOne for our Singapore B2C operation in December • FSMOne gives the investor community a seamless transactional experience in a wide range of products
Slide 10: Section II: Our replies to Securities Investors Association (Singapore) Q&A on companies’ Annual Reports
PRIVATE & CONFIDENTIAL. NOT FOR EXTERNAL CIRCULATION. CO. REG. NO. R200007899C Section II: Our replies to Securities Investors Association (Singapore) Q&A on companies’ Annual Reports PRIVATE & CONFIDENTIAL. NOT FOR EXTERNAL CIRCULATION. CO. REG. NO. R200007899C 10
Slide 11: Our replies to SIAS Q&A on companies’ Annual Reports
Our replies to SIAS Q&A on companies’ Annual Reports • Securities Investors Association (Singapore) (“SIAS”) had previously announced a new initiative to review companies’ Annual Reports and raise relevant questions to help improve transparency and promote better understanding of the companies • iFA
Slide 12: Section III: AGM
PRIVATE & CONFIDENTIAL. NOT FOR EXTERNAL CIRCULATION. CO. REG. NO. R200007899C Section III: AGM PRIVATE & CONFIDENTIAL. NOT FOR EXTERNAL CIRCULATION. CO. REG. NO. R200007899C 12
Slide 13: Ordinary Resolutions
No. Ordinary Resolutions 1. To receive and adopt the Audited Financial Statements, Directors’ Statements and Auditors’ Report for the financial year ended 31 December 2016. 2. To re-elect Mr Lim Wee Kian as Director. 3. To re-elect Mr Yao Chih Matthias as Director. 4. To re-elect Mr Kok Chee Wai as
Slide 14: As Ordinary Business - Resolution 1
As Ordinary Business - Resolution 1 • To receive and adopt the Audited Financial Statements of the Company for the financial year ended 31 December 2016 together with the Directors’ Statement and the Auditors’ Report thereon. See Annual Report 2016 on: o Directors’ Statement (p. 56) o Independent Au
Slide 15: As Ordinary Business - Resolution 2
As Ordinary Business - Resolution 2 • To re-elect Mr Lim Wee Kian who is retiring by rotation pursuant to Article 89 of the Constitution of the Company. (See Explanatory Note 1) See Annual Report 2016 on: o Information on Mr Lim Wee Kian (p. 30) o Notice of AGM – Explanatory Note 1 (p. 135) PRIVATE
Slide 16: As Ordinary Business - Resolution 3
As Ordinary Business - Resolution 3 • To re-elect Mr Yao Chih Matthias who is retiring by rotation pursuant to Article 89 of the Constitution of the Company. (See Explanatory Note 2) See Annual Report 2016 on: o Information on Mr Yao Chih Matthias (p. 28) o Notice of AGM – Explanatory Note 2 (p. 135
Slide 17: As Ordinary Business - Resolution 4
As Ordinary Business - Resolution 4 • To re-elect Mr Kok Chee Wai who is retiring pursuant to Article 89 of the Constitution of the Company. (See Explanatory Note 3) See Annual Report on: o Information on Mr Kok Chee Wai (p. 28) o Notice of AGM – Explanatory Note 3 (p. 135) PRIVATE & CONFIDENTIAL. N
Slide 18: As Ordinary Business - Resolution 5
As Ordinary Business - Resolution 5 • To approve a tax exempt (one-tier) final dividend of 0.75 cents per ordinary share for the financial year ended 31 December 2016. PRIVATE & CONFIDENTIAL. NOT FOR EXTERNAL CIRCULATION. CO. REG. NO. R200007899C 18
Slide 19: As Ordinary Business - Resolution 6
As Ordinary Business - Resolution 6 • To approve the payment of Directors’ fees of $414,700 to the Non-Executive Directors (including Independent Directors) for the financial year ending 31 December 2017. $319,000 will be paid in cash on a quarterly basis and $95,700 will be paid by issuance of equi
Slide 20: As Ordinary Business - Resolution 7
As Ordinary Business - Resolution 7 • To re-appoint Messrs KPMG LLP as Auditors of the Company and to authorise the Directors to fix their remuneration. PRIVATE & CONFIDENTIAL. NOT FOR EXTERNAL CIRCULATION. CO. REG. NO. R200007899C 20
Slide 21: As Ordinary Business
As Ordinary Business • To transact any other ordinary business which may be properly transacted at an Annual General Meeting. PRIVATE & CONFIDENTIAL. NOT FOR EXTERNAL CIRCULATION. CO. REG. NO. R200007899C 21
Slide 22: As Special Business - Resolution 8
As Special Business - Resolution 8 • To authorise the Directors to issue shares. (See Explanatory Note 5) See Annual Report 2016 on: o Notice of AGM (p. 131) o Notice of AGM – Explanatory Note 5 (p. 135) PRIVATE & CONFIDENTIAL. NOT FOR EXTERNAL CIRCULATION. CO. REG. NO. R200007899C 22
Slide 23: As Special Business - Resolution 9
As Special Business - Resolution 9 • To approve the renewal of the Share Buy Back Mandate. (See Explanatory Note 6) See Annual Report 2016 on: o Notice of AGM (p. 133) o Notice of AGM – Explanatory Note 6 (p. 135) PRIVATE & CONFIDENTIAL. NOT FOR EXTERNAL CIRCULATION. CO. REG. NO. R200007899C 23
Slide 24: Thank you
Thank you. For more information, please visit www.ifastcorp.com PRIVATE & CONFIDENTIAL. NOT FOR EXTERNAL CIRCULATION. CO. REG. NO. R200007899C 24