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Screenshot of a breaking news alert e-mail from Q2 2017
Singapore Exchange (SGX) today welcomed No Signboard Holdings Ltd. to its Catalist under the stock code “1G6”.
No Signboard Holdings Ltd. is an established and well-recognised food and beverage brand in Singapore, operating a chain of seafood restaurants under its No Signboard Seafood brand, a beer business that distributes its in-house Draft Denmark brand of premium beer, as well as a ready meal business which distributes meals through a network of vending machines in Singapore.
Sam Lim, Executive Chairman and Chief Executive Officer of No Signboard Holdings Ltd., said:
We are proud to have grown from our modest beginnings as a seafood hawker stall to one of the leading F&B players in Singapore. Today, we have achieved another significant milestone with the listing of the company. Going forward, we will continue to leverage on our strong brand and industry network to grow new and complementary F&B businesses.
Mohamed Nasser Ismail, Head of Equity Capital Market (SME) and Head of Capital Market Development at SGX, added:
We are pleased to welcome No Signboard Holdings, one of the most established and recognised F&B brands in Singapore by tourists, corporates and locals alike. Its listing will not only strengthen SGX’s consumer cluster, but also offer investors an opportunity to participate in the continued growth of Singapore’s F&B industry, as the company ventures further into complementary beer and ready meal businesses as well as establish a new chain of casual dining restaurants.
With a market capitalisation of S$130 million, the listing of No Signboard Holdings brings the total number of consumer companies listed on SGX to 150, with a combined market capitalisation of more than S$150 billion. The total number of companies listed on Catalist rises to 198, with a combined market capitalisation of over S$12 billion.
No Signboard Holdings Ltd. opened at $0.31 today.