Core Viewpoint - IFBH (06603) has entered into a foreign exchange contract with Citibank to hedge currency risks associated with the Singapore dollar, Thai baht, and US dollar, allowing for a maximum nominal amount of approximately 10 million USD in foreign exchange transactions [1] Group 1 - The contract was established between IFB Singapore, a wholly-owned subsidiary of the company, and Citibank on September 18, 2025 [1] - The functional currency of IFB Singapore is USD, and the company faces transactional currency risks due to sales or purchases denominated in currencies other than their functional currency, primarily in Thai baht [1] - The foreign exchange contract enables the company to manage the currency risks arising from its operations in IFB Singapore [1]
IFBH附属与Citibank订立外汇合约