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Listing Of China-Based Yamada Green Resources Adds To Singapore Exchange’s Consumer Goods Segment

Date 08/10/2010

Singapore Exchange today announced the listing of Yamada Green Resources Limited on the Mainboard, under the ticker symbol "Yamada”.

Yamada Green is a major supplier of self-cultivated shiitake mushrooms and operates one of the largest shiitake mushroom cultivation bases in Fujian Province, China. The Company is also a manufacturer and supplier of processed food products such as mushrooms, vegetable and convenience food products. These products are largely sold in major cities such as Shanghai, Xiamen, Shenzhen and Guangzhou and exported to overseas markets such as Japan and the US.

“We welcome Yamada Green Resources to the SGX family. It adds to a growing list of food manufacturers that have benefited from our capital market to fund the needs of their growing businesses in Asia and beyond. We look forward to welcoming more food and consumer goods companies to list on SGX,” said Mr Lawrence Wong, Executive Vice President and Head of Listings, Singapore Exchange.

Yamada Green Resources, with an estimated market capitalisation of S$90 million, brings the total number of companies listed on Singapore Exchange to 780.

Singapore Exchange is Asia’s most international exchange with 40% of its total listed companies from overseas. The companies listed on Singapore Exchange represent a full spectrum of industries. We welcome all companies that find our platform best suited to meet their capital raising objectives and interested to establish an international presence and a stronger Asian profile.