Singapore Exchange lists XMH Holdings on Mainboard

The distributor of marine and industrial diesel engines has estimated market capitalisation of S$108mn.

Singapore Exchange is pleased to welcome the listing of XMH Holdings Ltd (“XMH Holdings”) on Mainboard, under the ticker symbol of “XMH (M9F)”.

Home-grown XMH Holdings is an established distributor of marine and industrial diesel engines and power generating sets. As the distributor of industry leaders such as Mitsubishi (Japan), Hyundai and Doosan (South Korea), CENTA (Europe), XMH Holdings sells marine and industrial engines, power generating sets and related components to markets including Singapore, Indonesia and the Maldives. As a testament to the Group’s track record, XMH Holdings has received the “Enterprise 50 Award” for each consecutive year since 2006, according to a Singapore Exchange report.

“We look forward to the next stage of growth for the Company as we continue to expand our operations and in-house brand and solutions, Listing marks a significant milestone in the Group’s corporate history and we look forward to the next phase of growth and expansion of our business,” says Mr Tan Tin Yeow, Chairman and CEO of XMH Holdings Ltd.

“XMH is a home grown company, supplying to the marine industry which is a key sector in Singapore and our Exchange. We are therefore pleased that it has chosen a listing on SGX to leverage its future growth.” said Mr Lawrence Wong, Head of Listings, Singapore Exchange.

XMH Holdings, with an estimated market capitalisation of approximately S$108 million, brings the total of SGX-listed companies to 785, with a combined market capitalisation of more than S$902 billion.