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Fintech Asia complete the reverse takeover of ICFG Pte, change of name to ICFG Limited and admission to the Main Market of the London Stock Exchange

February 2025

Fintech Asia

 

Fintech Asia was incorporated in Guernsey on 28 May 2021 for the purposes of acquiring one or more companies or businesses in the financial technology sector, commonly referred to as “fintech”, that offer new technologies that seek to improve and automate the delivery and use of financial services in Asia.

The Company was admitted to listing on the official list by way of a standard listing and to trading on the Main Market on 15 September 2022.

ICFG controls subsidiaries across financial services, investment banking, AI and IT services, and real estate, with operations in Singapore, Mongolia, Kyrgyzstan, Kazakhstan, and Uzbekistan. ICFG’s most significant business, InvesCore NBFI JSC, combines traditional microfinance with fintech innovation and is publicly traded on the Mongolian Stock Exchange.

 

Reverse Takeover and Admission to the Main Market of the London Stock Exchange

 

On 12 February 2025 admission and first day dealings commenced by way of the acquisition of ICFG Pte. Ltd., constituting a reverse takeover and admission of the enlarged share capital to the equity shares (transition) category of the Official List pursuant to UKLR and to trading on the Main Market of the London Stock Exchange.

Having helped Fintech Asia with the production of their initial prospectus when they floated on the Main Market of the London Stock Exchange in September 2022, the Perivan shareholder communications team was delighted to work with Strand Hanson who acted Financial Adviser at this next stage of their corporate journey on the successful production and publication of the 337-page combined Prospectus and Circular.

For further information, click here.

 

Perivan is the market leader for admission document production and specialise in producing and publishing financial documents relating to shareholder and investor communications for quoted companies, private companies, and open and closed-ended funds.

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