Singapore Exchange completes listing of Oxley Holdings

The developer’s S$570mln market capitalization is SGX Catalist’s largest IPO, enabling it to strengthen its market position.

Singapore Exchange (“SGX”) welcomes Oxley Holdings Limited (“Oxley Holdings”) that started trading on Catalist on Friday, under the ticker symbol "5SC”.

Oxley Holdings is a lifestyle property developer specialising in residential and commercial developments. Their strategic goal is to provide home buyers with quality residential properties at competitive prices. With an estimated market capitalisation of S$570 million, the listing of Oxley Holdings brings the total number of companies listed on Catalist to 131., according to an SGX report

Mr Ching Chiat Kwong, Executive Chairman and CEO of Oxley Holdings Limited said, “We are delighted with our successful listing on SGX. It will not only help enhance our public image, but will also enable us to tap the right capital market, to propel us into the next phase of growth. We believe it will also strengthen our already unique market position, and would like to thank everyone at SGX who have assisted us along this milestone journey.”

“We are pleased that Oxley Holdings has chosen Catalist, our board for fast growing companies, to support their business expansion. Oxley Holdings is our largest Catalist IPO to date and it adds to our cluster of real estate companies accessing international capital through Singapore Exchange, the Asian gateway,” said Mr Lawrence Wong, Executive Vice President and Head of Listings, Singapore Exchange.