SGX welcomes Keong Hong Holdings to Catalist

December 16, 2011 at 12:00 AM EST
SGX welcomes Keong Hong Holdings to Catalist

Singapore Exchange (“SGX”) welcomes Keong Hong Holdings Limited (“Keong Hong”) to Catalist and is pleased to add another member to its construction sector. Keong Hong begins trading under the stock code “5TT”.

Established in Singapore in 1983, Keong Hong is a provider of a broad range of building construction services to both private and public sectors for residential, commercial, industrial and institutional projects. In addition to conventional contracts including alteration and addition works, Keong Hong also provides construction services for design and build projects in Singapore as well as Maldives.

Mr Ronald Leo (梁定平), Executive Director and Chief Executive Officer of Keong Hong Holdings Limited, "We are proud to have been accepted on the official list of the Catalist board. It marks a significant milestone in our history as we now embark on our journey as a listed company and enter into a new relationship with our shareholders. Our listing has enabled us to increase our standing, both locally and internationally due to the impeccable reputation of Catalist and the recognition afforded to companies listed on the Board. We hope to tap on growth opportunities available as a result of this enhanced standing. We would like to extend our thanks to the Singapore Exchange for helping us to achieve this and we look forward to our continued partnership with them."

“We are pleased that like many others from the industry, Keong Hong has chosen Catalist as its capital-raising platform to achieve its business strategy and expansion plans. Catalist has indeed established itself in supporting our home-grown companies in their growth ambitions, and to reaching out to global investors pool,” said Mr Lawrence Wong, Head of Listings, SGX

With the listing of Keong Hong, the total number of Catalist companies on SGX is at 137.

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