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Investegate | Company Announcement

Investegate announcements from Annual Financial Report - Part 11

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Futu Trustee (Singapore) Pte. Ltd. Receives Trust Business Licence from the Monetary Authority of Singapore

SINGAPORE, July 14, 2022 /PRNewswire/ Futu Trustee (Singapore) Pte. Ltd. ("Futu Trustee Singapore" or "the Company" )a subsidiary of Futu Holdings Limited ("Futu") (Nasdaq: FUTU),ispleasedto announce that the Company has been accorded the Trust Business Licence from the Monetary Authority of Singapore. It marks yet another milestone for the Futu Group, followed by its another subsidiary company, MoomooFinancialSingaporePte.Ltd. ("moomoo SG"), a leading tech-driven online brokerage company becoming the first digital brokerage to obtainfull memberships across the securities and derivatives markets from SGX. Futu Trustee Singapore's sister company, Futu Trustee Limited ("Futu Trustee Hong Kong") is licensed in Hong Kong since 2018 and has to date over 200 corporate and high-net-worth family clients from Asia. With the coveted Trust Business License being obtained in Singapore, Futu Trustee Singapore and Futu Trustee Limited (collecti

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