SGX lists Kitchen Culture to Catalist

The kitchen solutions provider enters the exchange to fund its Singapore expansion and beyond.

Singapore Exchange (“SGX”) is pleased to welcome the listing of Kitchen Culture Holdings Limited (“Kitchen Culture”) on Catalist, under the stock code of “5TI”.

Since its inception in 1991, home-grown Kitchen Culture is one of the premier kitchen solutions providers for the high-end consumers in South-east Asia today. Offering premium and luxury brands of kitchen systems, appliances and accessories, Kitchen Culture is one of the major players in the residential kitchen industry. Their target customers include both the wholesale sector and the retail consumers, according to an SGX report.

Mr Lim Wee Li, Executive Chairman & Chief Executive Officer of Kitchen Culture Holdings Limited said, “We are pleased to be listed on SGX Catalist, and extremely thankful for the invaluable guidance and assistance that our partners at the Singapore Exchange have provided throughout the listing process. With the support of our new shareholders, we will strive to bring the company to greater heights and we will do our best to deliver on our promises to the shareholders.”

“We are delighted that Kitchen Culture, another home grown enterprise, have achieved success in their business and selected our Catalist Board to fund their expansion in Singapore and beyond. They join our ranks of enterprises from Singapore and overseas who have found Catalist with its Sponsor regime to be the right platform for supporting their business growth,” said Mr Lawrence Wong, Head of Listings, Singapore Exchange.

Kitchen Culture, with an estimated market capitalisation of about S$30 million, brings the total number of Catalist companies to 132, with a combined market capitalisation of S$5.8 billion.