Thursday, July 10, 2014

Company announcements: SGX

SGX - General Announcement::SGX welcomes Starburst Holdings to Catalist

Announcement Type: General Announcement
Company: SINGAPORE EXCHANGE LIMITED
Stock Code/Name: S68 - SGX

General Announcement::SGX welcomes Starburst Holdings to Catalist
Issuer & Securities
Issuer/ ManagerSINGAPORE EXCHANGE LIMITED
SecuritiesSINGAPORE EXCHANGE LIMITED - SG1J26887955 - S68
Announcement Details
Announcement Title General Announcement
Date & Time of Broadcast10-Jul-2014 09:17:22
StatusNew
Announcement Sub TitleSGX welcomes Starburst Holdings to Catalist
Announcement ReferenceSG140710OTHRCCXN
Submitted By (Co./ Ind. Name)Loh Wei Ling
DesignationVice President
Description (Please provide a detailed description of the event in the box below)Singapore Exchange (SGX) is pleased to welcome Starburst Holdings Limited to Catalist under the stock code of 40D .

Starburst Holdings is a Singapore-based engineering group specialising in the design and engineering of firearms-training facilities. The group designs, fabricates, installs and maintains anti-ricochet ballistic protection systems for firearm shooting ranges and tactical training mock-ups. Its clients include law enforcement, military and security agencies as well as civil authorities in Southeast Asia and the Middle East. The group also designs, fabricates and installs ballistic protection and security systems in various facilities, including high-security detention facilities, and provides structural and architectural steel fabrication services.

Edward Lim Chin Wah, Chairman and Executive Director of Starburst, said: Starburst, an engineering specialist in a niche industry, envisions creating a safer environment for firearms training. This IPO marks a special significant milestone for the Group. With our raised profile and visibility amongst investors and customers, who are mainly established and reputable industry players in their respective fields, we will be better placed to tap on the positive industry prospects in both Southeast Asia and the Middle East for firearms-training facilities.
Lawrence Wong, Head of Listings at SGX, said: We are pleased to welcome Starburst Holdings Limited, another home-grown company, to Catalist. Starburst has an established track record in providing integrated firearms-training solutions and we look forward to them leveraging on Catalist to further strengthen their business in Southeast Asia and Middle East.

The listing of Starburst Holdings brings the total number of companies on Catalist to 144 with a combined market capitalisation of $10.5 billion.

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