GS Holdings debuts on Catalist Board

It opened at $0.28 today.

GS Holdings’ successful IPO has landed the company on SGX’s Catalist board, under the stock code 43A. According to an announcement by SGX, GS Holdings opened today, 18 January, at $0.28.

The centralised commercial dishware washing company currently has three central facilities located at 1 Senoko Avenue, as well as Jurong East retail malls IMM and Big Box. The company provides end-to-end semi-automated services to operators of food courts, coffee shops, restaurants, hawker centres, shopping malls, and the Singapore General Hospital.

It is also one of the three SPRING Singapore-appointed service providers for centralised or outsourced dishwashing under the Food and Beverage Productivity and Capability Solutions scheme.

GS Holdings’ listing boosts the total number of Catalist firms on SGX to 174, with a combined market capitalisation of $10b.