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Doo Group expands Singapore business with MAS-CMS license

Just a week after obtaining a Type 1 (Dealing in Securities) license from the Hong Kong Securities and Futures Commission, Far East focused brokerage outfit Doo Group has announced that Doo Capital Market SG Pte. Ltd. (“DCM”), an entity under the company’s Doo Financial division, has officially been granted with a Capital Markets Services (CMS) license (License Number: CMS101428) from the Monetary Authority of Singapore (MAS).

Doo Financial is one of the sub-brands of Doo Group. The company said that the acquisition of this license marks a further expansion of Doo Group into the Singapore market, allowing DCM to conduct activities regulated under the Securities and Futures Act 2001 such as dealing in capital markets products, product financing and providing custodial services. DCM is also licensed under the Financial…
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