Subsidiary1 Sept 2026, 07:30 pm
KFin Technologies Incorporates Step-Down Subsidiary in Philippines
AI Summary
KFin Technologies Limited announced the incorporation of a step-down subsidiary in the Philippines through its wholly-owned subsidiary, KFin Technologies (Singapore) Pte. Ltd. This new entity will focus on providing transfer agency services, fund accounting, and value-added services like investor portals and wealth platforms. The incorporation is subject to regulatory approvals and will be capitalized with up to USD 300,000. The Philippines entity will be 99.99% held by KFin Singapore, making it a step-down subsidiary of KFin Technologies.
Key Highlights
- KFin Technologies to establish a new subsidiary in the Philippines.
- The subsidiary will offer transfer agency and fund accounting services.
- Initial capitalization planned at USD 300,000.
- The entity will be a step-down subsidiary via KFin Singapore.
Price Impact
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