SGX - Singapore Exchange Ltd

JK Tech lists on Catalist

Press Release   •   Nov 14, 2011 15:22 SGT

Singapore Exchange (“SGX”) welcomes home-grown JK Tech Holdings Limited (“JK Tech”) to Catalist, under the stock code “5TS”.

JK Tech’s services and offering enable both large corporations and small-and-medium enterprises to improve their business productivity and support their e-business strategies.

Mr Ang Yew Jin, Managing Director of JK Tech, said: “JK Tech’s successful listing on SGX today marks a significant milestone for our company. It is gratifying to know that we have attracted keen interest from investors despite the volatile stock market and the financial and political situation in Greece which affects Europe and the rest of the world. JK Tech is one of the leading one-stop providers of IT products, services and solutions in Singapore. Going forward, we believe that our status as a listed company will put us in a stronger position to take the Group to the next level.”

“We are pleased that JK Tech, like many others from its industry, has chosen Catalist as their capital-raising platform to achieve its business strategy and expansion plans. It is very encouraging to witness the growth of a home-grown company like JK Tech and for SGX to play a role in supporting their growth ambitions,” said Mr Lawrence Wong, Head of Listings, Singapore Exchange.

JK Tech brings the total number of Catalist companies to 135.

Singapore Exchange (SGX) is among the world's largest exchanges and Asia's second largest listed exchange. As the Asian gateway, SGX is the market of choice for investors wanting to participate in Asia's vibrant and rapidly growing economies, and for Asian issuers seeking international capital.