$IFAST (AIY.SG)$ CGS-CIMB keeps "reduce" call with tp of 3.5...

CGS-CIMB keeps "reduce" call with tp of 3.50, pending further details on pension scheme platform project. CGS-CIMB warns that the extent of what iFast can make will "greatly depend" on who can be attracted to use the platform, as this scheme is not government mandated and therefore may take some time to ramp up.

iFast is slated to report its first-half FY2023 results by end of Jul.