Singapore Exchange (“SGX”) is pleased to welcome the listing of Jason Parquet Holdings Limited on Catalist, under the stock code of “5UU”.
Since its inception in 1987, Jason Parquet has grown to become one of Singapore’s leading providers of timber flooring services. The company is primarily engaged in the supply and installation of a comprehensive range of timber flooring under their “Tech-Wood” brand as well as the sale and distribution of timber products and flooring accessories.
Mr Jason Sim, Chairman and CEO of Jason Parquet, said: "Our listing on the SGX Catalist is important to our growth strategy. We believe that going public will raise our standing as a well-managed and established timber flooring service provider, and enable us to expand our product offerings. Going forward, Jason Parquet is poised to benefit from the increasing popularity for timber flooring in Singapore."
“We are delighted that Jason Parquet has chosen our Catalist board as a platform to fund their growth expansion plans. I look forward to welcoming more homegrown companies to leverage on our Catalist platform to achieve its growth strategies,” said Mr Lawrence Wong, Head of Listings, SGX.
Jason Parquet Holdings Limited, with an estimated market capitalisation of $24.3 million brings the total number of companies listed on the Catalist to 139.