Raffles Financial Group Limited

Recent News

  • 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
  • Raffles Financial Shareholders Update

    Singapore, Singapore--(Newsfile Corp. - April 4, 2022) - Raffles Financial Group Limited (CSE: RICH) (FSE: 4VO) (OTCQX: RAFFF) ("RFG" or the "Company") We wish to give our shareholders an update on the latest development in performance of the Joint Venture Agreement ("JVA") between the Company and Stamatis Capital Pte Ltd ("SC") on 2nd February 2022. Pursuant to the JVA, both Parties incorporated a joint venture company in Singapore named "Raffles Financial Americas Pte Ltd" in which the Company and SC...

    2022-04-04 3:53 PM EDT
  • Raffles Financial Shareholders Update

    Singapore, Singapore--(Newsfile Corp. - April 1, 2022) - Raffles Financial Group Limited (CSE: RICH) (FSE: 4VO) (OTCQX: RAFFF) ("RFG" or the "Company") wish to give its shareholders an update on the latest development in performance of the Share Purchase Agreement between the Company and Raffles Financial Advisory Pte Ltd ("RFA"), which was announced on CSE on 17th September 2021. Pursuant to the Share Purchase Agreement, Company acquired all the outstanding share capital of RFA in a purchase consideration of SGD2.00 and...

    2022-04-01 1:47 PM EDT
  • Raffles Financial Shareholders Update

    Singapore, Singapore--(Newsfile Corp. - March 28, 2022) - Raffles Financial Group Limited (CSE: RICH) (FSE: 4VO) (OTCQX: RAFFF) ("RFG" or the "Company") In view of the escalation in COVID-19 infections, China and Hong Kong has imposed strict measures to restrict travels and adopt safe distancing. In compliance with health protocols, there are travel restrictions and in-person visits are disallowed and discouraged until the situation improves. This has a direct impact on the effectiveness of our service to fulfill the public...

    2022-03-28 10:22 AM EDT