Dona Ferentes
A little bit OC⚡DC
- Joined
- 11 January 2016
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and up a whole lot today. Response to ASX Query:
1. FFG is not aware of any information concerning the Company that has not been announced to the market, which, if known by some in the market, could explain the recent trading in its securities.
However, FFG is aware that iCandy Interactive Limited (ICI) (which FFG has an approx. 33% interest in) was in negotiations dispose a subsidiary to RightBridge Ventures AB, (which FFG has an approx. 50.1% interest in via its interest in Abelco Investments Group AB). As this transaction does not result in any material change in FFG’s interest in ICI, FFG does not consider this information has any material effect on the value of FFG’s shares or the recent trading in its securities.
ICI has made the relevant announcement and the announcement has been cross referenced on FFG’s announcement platform.
2. Not applicable.
3. Other than as noted below, FFG is not aware of any other specific information which would explain the recent increase in price and volume of the Company’s securities.
FFG however notes that on 3 February 2020, it announced that its Singaporean based investee company, Smartfunding Pte Ltd, had completed the development of its online Buy-Now-Pay-Later (BNPL) platform in preparation for the roll out of its BNPL services on18 February 2021.
1. FFG is not aware of any information concerning the Company that has not been announced to the market, which, if known by some in the market, could explain the recent trading in its securities.
However, FFG is aware that iCandy Interactive Limited (ICI) (which FFG has an approx. 33% interest in) was in negotiations dispose a subsidiary to RightBridge Ventures AB, (which FFG has an approx. 50.1% interest in via its interest in Abelco Investments Group AB). As this transaction does not result in any material change in FFG’s interest in ICI, FFG does not consider this information has any material effect on the value of FFG’s shares or the recent trading in its securities.
ICI has made the relevant announcement and the announcement has been cross referenced on FFG’s announcement platform.
2. Not applicable.
3. Other than as noted below, FFG is not aware of any other specific information which would explain the recent increase in price and volume of the Company’s securities.
FFG however notes that on 3 February 2020, it announced that its Singaporean based investee company, Smartfunding Pte Ltd, had completed the development of its online Buy-Now-Pay-Later (BNPL) platform in preparation for the roll out of its BNPL services on18 February 2021.