Singapore Exchange lists Anchun International Holdings

Chemical systems engineering and technology solutions provider lists on Singapore bourse with S$141.4mln market capitalization.

Singapore Exchange (SGX) on Monday announced the listing of Anchun International Holdings Ltd (Anchun) on the Mainboard, under the ticker symbol “MF5”.

“We welcome Anchun International Holdings to the Singapore Exchange. We are proud to have Anchun, a company that is recognised in China for its excellence and innovation, joining our growing family of Chinese listed companies. We look forward to more of such companies listing on SGX to make use of our conducive capital raising environment to fund their business growth.” said Mr Lawrence Wong, Head of Listings, Singapore Exchange, according to an SGX report.

Anchun is a leading integrated chemical systems engineering and technology solutions provider to the PRC petrochemical and chemical industries, in particular, manufacturers of ammonia and methanol based products. Since its inception, it has established a track record of operational excellence, technological breakthroughs and national awards for its achievements, including 2009 Forbes China Up & Comers award by Forbes China magazine and 2005 China Petrochemical and Chemical Industries Outstanding Private Enterprise by China Petroleum and Chemical Industries Association.

Anchun, with an estimated market capitalisation of S$141.4 million, brings the total number of companies listed on SGX to 778.