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Koh Brothers Eco Engineering wants to transfer listing from Catalist to Mainboard

The Edge Singapore
The Edge Singapore  • 2 min read
Koh Brothers Eco Engineering wants to transfer listing from Catalist to Mainboard
KBEE, which holds the controlling stake in Mainboard-listed Oiltek International, says investors tend to place a premium on Mainboard listings versus those quoted on the Catalist
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Citing its "market position, stage of growth and relative stability", Koh Brothers Eco Engineering plans to transfer its Catalist listing to the Mainboard, so as to enhance long-term value for shareholders.

KBEE, noting its $1.1 billion order book as at end of last year, says it is "confident in navigating the evolving business environment" even as it continues to "adopt a prudent yet proactive approach in pursuing sustainable growth opportunities."

The company, which was in the news in recent months for its controlling stake in separately listed Oiltek International, says its orders are from across its engineering and construction segment and bio-refinery and renewable energy segment.

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