logo-loader
viewRaffles Financial Group Limited

Raffles Financial Group inks partnership with Bank of Montreal Private Bank Asia to service high net worth individuals

BMO PBA’s Hong Kong and Singapore branches provides investment advisory services, discretionary investment management and banking along with trust and family management solutions

Bank of Montreal -
BMO PBA congratulated the advisory firm on its recent public listing on the Canadian Securities Exchange

Raffles Financial Group Limited (CSE:RICH) has announced a strategic partnership with Bank of Montreal’s private Asian bank to help the firm identify new clients.

The Singapore-based firm said Monday that its subsidiary Raffles Financial Pte Ltd signed the agreement with Bank of Montreal Private Bank Asia (BMO PBA) to give clients a complete suite of investment and private banking solutions starting from public listing services to family trusts and portfolios.

BMO PBA’s Hong Kong and Singapore branches provides ultra-high net worth individuals with investment advisory services, discretionary investment management and banking along with trust and family management solutions.

READ: Explorex Resources becomes Raffles Financial Group after closing acquisition and mineral assets spin-out

"We believe that the BMO and Raffles synergy will provide clients with a comprehensive and customized suite of corporate finance, investment and private banking solutions to meet their diverse requirements," Charlie In, chairman of Raffles Financial Group said in a statement.

"We are delighted that Raffles Financial has established a relationship with BMO Private Bank to identify clients who need private banking, wealth planning and investment services," Monique Chan, CEO, BMO PBA told investors.

Raffles said that BMO PBA had congratulated the advisory firm on its recent public listing on the Canadian Securities Exchange. The firm’s shares were approved for listing on the CSE and expects to begin trading under the ticker symbol ‘RICH’ as of today.

Raffles Financial, which offers financial advisory services in the Asia Pacific region, was formed after Explorex Resources Inc (CSE:EX) (OTCMKTS:EXPXF) closed a deal to acquire the Singapore-based company.

Vancouver-based Explorex's mineral assets plus C$500,000 in cash were spun out to Origen Resources Inc, which plans to go public on the Canadian Securities Exchange shortly. 

Contact Angela at [email protected]

Follow her on Twitter @AHarmantas

Quick facts: Raffles Financial Group Limited

Price: 4.5 CAD

CSE:RICH
Market: CSE
Market Cap: $4.33 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Raffles Financial Group Limited named herein, including the promotion by the Company of Raffles Financial Group Limited in any Content on the...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Full interview: Canntab Therapeutics gets first commercial sale with Medipharm

Canntab Therapeutics (CSE: PILL- OTCQB: CTABF) CFO Richard Goldstein and Special Advisor Larry Latowsky joined Steve Darling from Proactive Vancouver with news the company has signed their first contract for their slow release tablets with MediPharm.  Goldstein discusses how the...

2 hours, 56 minutes ago

2 min read