Goodland Group enters the SGX Mainboard

Under the stock code of “5PC”.

In a release, Singapore Exchange (SGX) announced the listing of Goodland Group Limited (Goodland) on Mainboard, under the stock code of “5PC”.

First listed on Catalist in 2009, Goodland is a Singapore-incorporated property developer, principally engaged in residential developments in Singapore. Its property development projects are mainly focused on small to medium sized landed housing and residential apartments.

The Group also undertakes construction works for some of their property developments.

Alvin Tan, CEO of Goodland Group, said: “I would like to thank our shareholders, business partners, staff, customers, and other stakeholders for their support and trust in our Group. We believe that our move to the Mainboard has come at an opportune time and will further aid our local and regional expansion as it provides us with a larger platform to propel our future growth strategies.”

Lawrence Wong, Head of Listings, SGX, said: “We are delighted that another of our Catalist companies, Goodland Group, has grown and is transferring to the Mainboard, the eighth in the last 12 months. We look forward to them leveraging on this new platform just as they have done on Catalist to grow their business.”

Goodland is one of 40 real estate companies listed on SGX with a combined market capitalization of S$100 billion (US$79 billion).