Choo Chiang, headed by executive chairman Thomas Lim and executive director Rocky Lim, is a leading local distributor and retailer of electrical products and accessories. It operates a network of retail outlets and an in-house logistics capability.
Choo Chiang Holdings, quoted on the Catalist since July 2015, plans to transfer its listing to the Mainboard. It has on March 18 made an application to the exchange to do so.
"The board is of the view that a listing on the Mainboard would be in line with the group’s long- term strategy and a listing on the Mainboard would enhance the long-term value for shareholders of the company," reads the company's announcement on March 19.
