Singapore Exchange (SGX) is pleased to welcome the listing of GDS Global on Catalist, under the stock code of “5VP”.
Based in Singapore, GDS Global manufactures and supplies a wide range of door and shutter systems for commercial and industrial use in Southeast Asia. It was involved in some of the most prestigious projects in Singapore, including Marina Bay Sands Integrated Resort, Resort World Sentosa and Marina Bay Financial Centre. GDS Global has plans to expand its operations in the Middle East and Taiwan.
Mr Michael Wong, Chairman and CEO, GDS Global Limited, said: “We would like to thank the investment community for their support in GDS Global’s IPO. We believe this is certainly testament to our established track record as a leading specialist provider of commercial and industrial door and shutter solutions in Singapore and the South East Asia region. As part of our growth strategy, we intend to expand our operations in the Middle East, Taiwan and elsewhere, enhance our production and installation capabilities and continue to focus on product development efforts. Our status as SGX Catalist-listed company is the first step for us. Moving ahead, we will be in a better position to tap the capital markets for our growth plans and also to enhance shareholders’ value.”
Mr Lawrence Wong, Head of Listings, SGX, said: “We are pleased that GDS Global, another home-grown company, has chosen to list on Catalist. We look forward to its growth and expansion, leveraging on Catalist as others listed on this platform had done so.”
The listing of GDS Global brings the total number of companies listed on Catalist to 136 with total market capitalization of more than S$7 billion (US$6 billion).
