iFAST Corporation Ltd. (SGX:AIY) entered into an agreement to acquire Canadian Financial Consultants Limited from Ripcord Limited and Befriend Company Limited for HKD 5.4 million on November 11, 2016. iFAST will acquire 0.1 million shares of Canadian Financial Consultants. iFast paid HKD 0.1 million upon the signing of the agreement as part payment of consideration. The acquisition will be financed through Initial Public Offering proceeds. The transaction is expected to complete on January 11, 2017. The transaction is not expected to have any material impact on the iFast's earnings per share or net tangible assets per share for the financial year ending December 31, 2016. iFAST Corporation Ltd. (SGX:AIY) completed the acquisition of Canadian Financial Consultants Limited from Ripcord Limited and Befriend Company Limited on January 11, 2017.