Singapore Exchange (“SGX”) is pleased to welcome the listing of CNMC Goldmine Holdings Limited (“CNMC”) on Catalist, under the stock code of “5TP”. This is the first Commodities and Resource company listing after the introduction of listing rules for mineral, oil and gas (“MOG”) companies on Catalist.
CNMC is principally engaged in the business of exploration and mining of gold and the processing of mined ore into gold doré for subsequent sale. The Company is currently mining and producing gold at the Sokor gold field in West Malaysia. CNMC Goldmine plans to expand its exploration and mining activities for other minerals such as silver, lead and zinc.
Said Mr Chris Lim Kuoh Yang (林国扬), Executive Director and Chief Executive Officer, CNMC Goldmine, “CNMC’s listing marks a new and exciting chapter for the Company. We are delighted to be the first gold mining company to be listed on the Catalist Board under the new rules for mineral, oil and gas companies. As a producing mine, our next step is to focus on executing our expansion and growth strategies to achieve our company’s vision of being one of the pre-eminent gold and mineral producers in the Asia-Pacific region.”
“We are pleased that CNMC Goldmine has utilised our new rules to access the capital market and joined SGX’s growing pool of commodities and resource companies. Its listing adds to the spectrum of industries that our investors could choose from on SGX, and further endorses Catalist as the fund raising platform for growth companies in Asia,” said Mr Lawrence Wong, Head of Listings, Singapore Exchange.
CNMC Goldmine brings the Catalist pool of companies to 134.