SGX - General Announcement::SGX welcomes Huationg Global to Catalist
Announcement Type: General Announcement
Company: SINGAPORE EXCHANGE LIMITED
Stock Code/Name: S68 - SGX
Company: SINGAPORE EXCHANGE LIMITED
Stock Code/Name: S68 - SGX
| General Announcement::SGX welcomes Huationg Global to Catalist |
| Issuer & Securities |
| Issuer/ Manager | SINGAPORE EXCHANGE LIMITED |
| Securities | SINGAPORE EXCHANGE LIMITED - SG1J26887955 - S68 |
| Stapled Security | No |
| Announcement Details |
| Announcement Title | General Announcement |
| Date & Time of Broadcast | 09-Dec-2014 10:53:55 |
| Status | New |
| Announcement Sub Title | SGX welcomes Huationg Global to Catalist |
| Announcement Reference | SG141209OTHRHHUS |
| Submitted By (Co./ Ind. Name) | Carolyn Lim |
| Designation | Vice President |
| Description (Please provide a detailed description of the event in the box below) | Singapore Exchange (SGX) today welcomed Huationg Global Limited to Catalist, under the stock code of 41B . Huationg Global is a full-serviced integrated civil engineering solutions provider, with an established track record of more than 30 years. It is mainly engaged in the provision of civil engineering services for infrastructure projects, inland logistics support and the sale of construction materials. Huationg Global offered 27.5 million shares at S$0.20 a share. Proceeds raised from the offer will be used to expand its business and for general working capital purposes. Shares in Huationg Global opened at S$0.24 today, up 20%. Patrick Ng, Chief Executive Officer, Huationg Global, said, We are happy with the positive response from investors during our IPO, which we believe underscores Huationg Global s strong business fundamentals and future growth potential. This listing will go a long way toward enhancing our public image, which we believe will put us in an even stronger position to capture new business as well as to drive our expansion plans in Singapore and overseas markets. Mohamed Nasser Ismail, Head of SME Development & Listings, SGX, said, We are pleased to welcome another home-grown company, Huationg Global, to SGX. With its track record of completing projects on time and delivering quality civil engineering works, Huationg Global is well placed to ride the steady growth in the construction sector. We look forward to partnering the company in its growth ambitions. The listing of Huationg Global brings the total number of SGX-listed companies on Catalist to 156, with a combined market capitalisation of S$11.2 billion. -End- |
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SGX - General Announcement::SGX welcomes mm2 Asia to Catalist
Announcement Type: General Announcement
Company: SINGAPORE EXCHANGE LIMITED
Stock Code/Name: S68 - SGX
Company: SINGAPORE EXCHANGE LIMITED
Stock Code/Name: S68 - SGX
| General Announcement::SGX welcomes mm2 Asia to Catalist |
| Issuer & Securities |
| Issuer/ Manager | SINGAPORE EXCHANGE LIMITED |
| Securities | SINGAPORE EXCHANGE LIMITED - SG1J26887955 - S68 |
| Stapled Security | No |
| Announcement Details |
| Announcement Title | General Announcement |
| Date & Time of Broadcast | 09-Dec-2014 10:50:41 |
| Status | New |
| Announcement Sub Title | SGX welcomes mm2 Asia to Catalist |
| Announcement Reference | SG141209OTHRQA5W |
| Submitted By (Co./ Ind. Name) | Carolyn Lim |
| Designation | Vice President |
| Description (Please provide a detailed description of the event in the box below) | Singapore Exchange (SGX) today welcomed mm2 Asia Ltd to Catalist under the stock symbol 41C . mm2 Asia is a producer of movies, and television and online content, and also a distributor of movies. Headquartered in Singapore, mm2 has a presence in China, Hong Kong, Malaysia and Taiwan. Movies which mm2 either co-produced and/or distributed include Ah Boys To Men I and II, and The Journey. mm2 Asia offered 37.4 million shares at $0.25 a share. Proceeds raised by mm2 Asia from the offer will be used to expand its business, invest in production activities and acquire movie rights. mm2 Asia shares opened at $0.275 each today, up 10%. Melvin Ang, CEO, mm2 Asia, said, Being the first local movie production company to seek a listing, we are extremely encouraged by the show of confidence from the investors as it indicates that they recognise the potential of the movie industry in Asia. mm2 Asia is in a strong position to capitalise on this growth with our established commercial track record, production brand names, reputation and extensive experience in the region. Our overarching strategy is definitely to invest in the future of Asia s movies. We have already started to make inroads into Hong Kong, Taiwan and the PRC through various tie-ups and collaborations with key industry players in these markets, and the proceeds raised from our IPO will definitely help us to continue our expansion into North Asia. Mohamed Nasser Ismail, Head of SME Development & Listings, SGX, said, We are delighted that mm2 Asia has chosen to list on our Catalist board. A dynamic economy is built on the passion, ideas and efforts of entrepreneurs, and SGX is committed to supporting small- and mid-sized enterprises as they realise their ambitions and grow their businesses. The listing of mm2 Asia brings the total number of companies listed on Catalist to 156, with a total market value of $11.2 billion. With mm2 Asia s IPO, a total of $344.7 million have been raised on Catalist thus far this year, up 36% from the same period in 2013. -End- |
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