SGX Boosts Its Real Estate Sector With Listing Of TA Corporation

Singapore Exchange (“SGX”) further boosts its real estate sector strength with listing of TA Corporation Limited (“TA Corporation”) on Mainboard today, under the stock code “PA3”.

As an established construction and real estate development group since 1972, TA Corporation has been responsible for a wide spectrum of developments ranging from governmental properties to private residential projects. The company has also expanded its businesses beyond Singapore to joint venture projects in the People’s Republic of China and Cambodia.

Mr Neo Tiam Boon ("梁添文”), Chief Executive Officer and Executive Director of TA Corporation said:

“Our successful listing in Singapore marks an important milestone for TA Corporation, and we would like to thank all our investors for their support. Going forward, we aim to capitalise on our enhanced corporate profile to tap the market opportunities in both Singapore and our overseas markets. We will continue to work hard at enhancing shareholder value so that all our investors will reap the rewards of the Group’s growth strategies.”

“The listing of TA Corporation, while enabling it to raise capital to power its growth, also further expands our cluster of listed real estate and construction companies. Our pool of global investors will likewise welcome an addition to their investment choices,” said Mr Lawrence Wong, Head of Listings, Singapore Exchange.

With the listing of TA Corporation, the total number of listed companies on SGX is at 779.