Halcyon Agri reports "strong investor response" to Catalist listing

Rubber operator's stock code is “5VJ”.

In a Singapore Exchange (SGX) release welcoming the listing of Halcyon Agri Corporation Limited on Catalist, Mr Robert Meyer, Executive Chairman and Chief Executive Officer of Halcyon Agri was quoted as saying: “We are delighted to have achieved this important milestone of the listing of Halcyon Agri on SGX. As the first pure-play midstream Indonesian natural rubber operator to be listed in Singapore, we are heartened by the strong investor response we’ve received. The listing marks the beginning of a new chapter for Halcyon Agri and we look forward to building our business to take advantage of the growth opportunities before us.”

The Singapore-headquartered Halcyon Agri specialises in the processing and merchandising of natural rubber. The Group owns and operates two rubber processing facilities in Palembang, Indonesia. Its risk management and rubber merchandising operations are based in Singapore.

“We are delighted to welcome Halcyon Agri’s listing on SGX. The company is part of the thriving rubber ecosystem in Singapore, and is focused on Indonesia which is a key and growing economy in the region. Its listing also adds to our community of listed rubber companies and we look forward to them leveraging on our platform for their capital raising needs,” said Mr Lawrence Wong, Head of Listings, SGX.

The listing of Halcyon Agri brings the total number of companies listed on Catalist to 141 with total market capitalization of S$6.8 billion (US$5.6 billion).