Singapore Exchange expands food sector

Home grown brand, Chew's Group Limited, is now listed on Calatist, under the stock code of "5SY".

According to Singapore Exchange, Mr Chew Chee Bin, Executive Chairman of Chew's Group Limited, said: “Today marks a very important milestone for Chew’s Group Limited. Our Company’s shares began trading on Catalist this morning. Our IPO will provide us with the funds to improve and upgrade the facilities in our farm and also take the Company to the next level. In this regard, we are pleased to have worked with SGX on the successful listing of Chew’s Group Limited.”

Today, the Group is one of the leading producers of fresh eggs in Singapore, specialising in the production and sale of Designer Eggs, which contain specific value-added nutrients. It is also engaged in the production and sale of liquid eggs as well as the trading of spent grains.

“We welcome Chew’s Group to Catalist, our growth board for fast growing companies. We are pleased to provide home grown companies like Chew’s Group an international fund raising platform to meet business expansion and capture growth opportunity. I look forward to more companies in the food sector coming to our platform”, said Mr Lawrence Wong, Head of Listings, Singapore Exchange.

With a market capitalisation of $20.3 million, the listing of Chew’s Group Limited brings the combined market capitalisation of the food sector to more than $ 57 billion, with 47 listings.