Singapore Exchange (SGX) today announced the listing of Starland Holdings on Catalist under the stock code “5UA”.
Starland Holdings is a developer of integrated residential and commercial properties in China. Its business model is vertically integrated from site selection and land acquisition, to project conceptualisation, construction, sale, completion and after-sale services.
Mr Tan Hoe San, Executive Chairman and Managing Director of Starland Holdings said, "The listing of Starland Holdings is a significant milestone marking the start of our growth path. As a Singaporean-owned and managed property developer, we see strong growth potential in the property market in the second- and third-tier cities like Chongqing in China. Our status as a Singapore listed company will help us establish our brand in China as we embark on our growth plans."
“We are delighted that Starland Holdings, a home-grown company which has established a firm business base in China, is coming to SGX to raise funds for its overseas operations and business expansion. The listing of Starland Holdings is yet another example of how our Catalist platform is able to support our local companies in their strategy, and help them gain access to international investors,” said Mr Lawrence Wong, Head of Listings at SGX.
Starland Holdings’ listing brings the number of Catalist listings to 139.