Raffles Financial Group Limited

Recent News

  • Raffles Financial Corporate Update

    Singapore, Singapore--(Newsfile Corp. - December 27, 2022) - Raffles Financial Group Limited (CSE: RICH) (FSE: 4VO) (OTC: RAFFF) ("RFG" or the "Company") This is to give shareholders a corporate update of the Company and its only operating subsidiary, Raffle Financial Pte Ltd ("RFP").Disclosure of Financial Information for FY2022 of the Major Operating SubsidiaryThe audit on the only operating subsidiary of RFG, Raffles Financial Private Limited ("RFP"), which is performed by an auditor in Singapore, is completed and its audit report...

    2022-12-27 2:23 PM EST
  • Raffles Financial Shareholders Update

    Singapore, Singapore--(Newsfile Corp. - November 8, 2022) - Raffles Financial Group Limited (CSE: RICH) (FSE: 4VO) (OTC: RAFFF) ("RFG" or the "Company") This is to give shareholders a corporate update of the Company and its only operating subsidiary, Raffle Financial Pte Ltd ("RFP"). Termination of share purchase agreements with Mr. Bai Wenyin and Mr. Liu Dianke as announced on 21 December 2021As announced on 21 December 2021, the Company had entered into share purchase agreements with Mr. Bai Wenyin and...

    2022-11-08 12:19 PM EST
  • Raffles Financial Shareholders Update

    Singapore, Singapore--(Newsfile Corp. - October 19, 2022) - Raffles Financial Group Limited (CSE: RICH) (FSE: 4VO) (OTC: RAFFF) ("RFG" or the "Company"). This is to give shareholders an update on the corporate and audit status of the Company. Proposed ReorganizationAs announced earlier, in light of the current cease trade order caused by the outstanding audit matter, our legal team have commenced informal discussions with securities regulators for a review on a possible reorganization to aid the Company's shares to resume...

    2022-10-19 11:47 AM EDT
  • Raffles Financial Shareholders Update

    Singapore, Singapore--(Newsfile Corp. - September 9, 2022) - Raffles Financial Group Limited (CSE: RICH) (FSE: 4VO) (OTCQX: RAFFF) ("RFG" or the "Company") This is to give shareholders an update on the corporate and audit status of the Company. In light of the current cease trade order caused by the outstanding audit matter, we are exploring other options like corporate restructuring exercise and considering potential mergers or acquisition offers to work around the dilemma for the sake of regaining corporate and...

    2022-09-09 8:04 PM EDT
  • Raffles Financial Shareholders Update

    Singapore, Singapore--(Newsfile Corp. - July 28, 2022) - Raffles Financial Group Limited (CSE: RICH) (FSE: 4VO) (OTCQX: RAFFF) ("RFG" or the "Company") This is to give shareholders an update on the audit status of the Company. China is still facing COVID-19 restriction measures in light of the surging Omicron variant cases. China's authorities are still maintaining mass locking down several major cities and COVID-adjusted requirements on Chinese VISA application on foreigners to curb the recent outbreak. The zero Covid-19 policy...

    2022-07-28 11:36 PM EDT
  • AIV50 Announces Investments from Raffles Financial (RFG)

    Singapore, Singapore--(Newsfile Corp. - July 25, 2022) - Raffles Financial Group Limited (CSE: RICH) (FSE: 4VO) (OTCQX: RAFFF) -- AIV50 has announced its funding plans with Raffles Financial Pte Ltd ("RFG") who will advise and lead the capital raising strategies with its network of family offices, sovereign funds and private equity firms. RFG first investment in one of AIV50's AI venture companies, called TAFGAI (The Accounting and Finance Group in AI) as its strategic initiative into the AI space.The potential...

    2022-07-25 12:13 PM EDT
  • Raffles Financial Shareholders Update

    Singapore, Singapore--(Newsfile Corp. - April 25, 2022) - Raffles Financial Group Limited (CSE: RICH) (FSE: 4VO) (OTCQX: RAFFF) ("RFG" or the "Company") This is to give shareholders an update on the audit status and business development of the Company. China is still facing tightened COVID-19 restriction measures in light of the surging Omicron variant cases. China's authorities are still accelerating efforts in mass locking down several major cities to curb the recent outbreak. The zero Covid-19 policy ramping up by...

    2022-04-25 7:38 PM EDT
  • Raffles Financial Shareholders Update

    Singapore, Singapore--(Newsfile Corp. - April 11, 2022) - Raffles Financial Group Limited (CSE: RICH) (FSE: 4VO) (OTCQX: RAFFF) ("RFG" or the "Company") The Company wishes to give its shareholders an update on the audit status and business development of the Company.China and Hong Kong are still facing tightened COVID-19 restriction measures in light of the surging Omicron variant cases. China's authorities are accelerating efforts in mass locking down several major cities to curb the recent outbreak. We believe that the...

    2022-04-11 8:30 AM EDT