Coopearation Agreement with Indicator Global Inc

Rhea-AI Summary

Garden Stage (NASDAQ: GSIW) announced that its subsidiaries, I Win Securities and I Win Asset Management , have entered into strategic cooperation agreements with Indicator Global Inc, a leading US-based investment adviser. The partnership aims to enhance client connectivity and business development for both parties.

The agreements cover various areas including client introductions, derivatives, consulting, external asset management, and a potential joint venture. Both companies will share resources, expand market segments, and conduct joint promotional activities such as forums and workshops. This collaboration is expected to create a win-win situation for clients and improve the business outlook for both companies.

Positive

• Strategic partnership with a leading US investment adviser
• Potential for expanded market segments and client base
• Shared resources and expertise in various financial services
• Possible formation of a joint venture

Negative

• None.

Hong Kong, Sept. 16, 2024 (GLOBE NEWSWIRE) -- I Win Securities Limited and I Win Asset Management Limited (“I Win”), both being wholly-owned subsidiaries of Garden Stage Limited (NASDAQ: GSIW) (“Garden Stage”), announced today that multiple strategic cooperation agreements have been reached with Indicator Global Inc ("Indicator"), an Investment Adviser Firm registered with US SEC with registration number 802-130189 and CRD number 331058. Indicator Global Inc is one of the leading investment advisers in the United States in a wide spectrum of industry practises. This cooperation further enhances the connectivity of the different clientele of I Win and Indicator and facilitates the development of the businesses of all parties involved. The cooperation agreements cover introduction of clients, derivatives, consulting, external asset management and a possible formation of a joint venture.

Under this agreement, I Win and Indicator will work closely together to share common resources and expand different market segments in compliance with the regulatory framework. The two companies will conduct joint promotional activities on a regular basis, such as forums and workshops, on relevant topics including market updates, index and derivatives product development and cross-border regulatory updates.

It is delighting that Indicator has become a strategic partner of I Win and this cooperation will create a win-win situation for I Win’s and Indicator's clients and also for the business outlook of the 2 companies. Through multiple communication with Indicator and its senior management, it is found that the expertise of Indicator's team is very impressive and there are numerous ways to stretch the potential of the two companies with this cooperation.

Garden Stage is a Hong Kong-based financial services provider principally engaged in the provision of (i) placing and underwriting services; (ii) securities dealing and brokerage services; and (iii) asset management services.

Contact Investor Relations Department

Email: ir@iwinsec.com

Website: https://www.iwinsec.com

Tel: 2688 6333

Fax: 3007 3100

Address: Room 3001-3002, 30/F, China Insurance Group Building, 141 Des Voeux Road Central, Central, Hong Kong

FAQ

What is the significance of Garden Stage's (GSIW) cooperation agreement with Indicator Global Inc?

The agreement enhances client connectivity, facilitates business development, and allows for resource sharing and market expansion for both companies in various financial services areas.

What areas does the cooperation agreement between GSIW and Indicator Global Inc cover?

The agreement covers client introductions, derivatives, consulting, external asset management, and the potential formation of a joint venture.

How will the partnership between GSIW and Indicator Global Inc benefit their clients?

The partnership is expected to create a win-win situation for clients by providing access to shared resources, expanded market segments, and joint promotional activities like forums and workshops.

What joint activities will GSIW and Indicator Global Inc conduct under this agreement?

The companies will conduct regular joint promotional activities such as forums and workshops on topics including market updates, index and derivatives product development, and cross-border regulatory updates.