NEW YORK, Sept. 3, 2021 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 11,000 U.S. and global securities, today announced Raffles Financial Group Limited (CSE: RICH;OTCQX: RAFFF), a Singapore company that provides an array of financial advisory services, has qualified to trade on the OTCQX® Best Market. Raffles Financial Group Limited upgraded to OTCQX from the Pink® market.
Raffles Financial Group Limited begins trading today on OTCQX under the symbol "RAFFF." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their U.S. investors. For companies listed on a qualified international exchange, streamlined market standards enable them to utilize their home market reporting to make their information available in the U.S. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws.
"The trading of RAFFF on OTCQX now provides global investors the ease and convenience to tap into SE Asia's US$ 1 billion financial advisory market with Raffles Financial. We invite investors to grow and expand with us in the world's fastest growing economy of Indo-Pacific," said Dr Charlie In, Chairman/CEO of Raffles Financial Group Limited.
B. Riley Securities, Inc. acted as the company's OTCQX sponsor.
September 3, 2021
About Raffles Financial Group Limited (CSE: RICH) (GR: 4VO) (OTC:RAFFF)
Raffles Financial Group is listed on the Canadian Securities Exchange under the stock symbol(RICH:CN), the Frankfurt Stock Exchange under the stock symbol (4VO:GR) and the OTC Markets under the stock symbol (RAFFF:OTC US)
Please visit www.rafflesfinancial.co for more information.
Raffles Financial Private Limited (a wholly-owned subsidiary of Raffles Financial Group Limited) is an exempt corporate finance advisory firm, registered with the Monetary Authority of Singapore, which provides public listing advisory and arrangement services. RFP serves as advisor for family trusts, family offices and investment funds.
For more information, please contact: Monica Kwok, Investor Relations
Phone: (65) 6909 8765
Email: monica@rafflesfinancial.co
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. Certain statements contained in this release may constitute “forward–looking statements” or “forward-looking information” (collectively “forward-looking information”) as those terms are used in Canadian securities laws. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated”, “anticipates” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company’s current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this release contains forward-looking information relating to the business of the Company, the anticipated partnerships with financial institutions worldwide and the growth potential through Province Representatives. The forward-looking information contained in this release is made as of the date hereof and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.