Listed on the Singapore Exchange in December 2025, UltraGreen.ai will join Haw Par Corp, GuocoLand and Valuemax Group on the iEdge Singapore Next 50 indices on Mar 23.
In a press release on the indices’ quarterly review, SGX announced that the afore-mentioned four counters will replace Banyan Tree Holdings, SBS Transit, Geo Energy Resource and COSCO SHIPPING International Singapore.
In the previous update in December, Golden Agri-Resources, Yangzijiang Maritime Development and Centurion Accommodation REIT replaced Nanofilm Technologies International, Samudera Shipping Line and Aztech Global.
The iEdge Singapore Next 50 Indices incorporate free-float, market capitalisation and liquidity criteria to identify companies that are both sizeable and tradable. To serve a broader spectrum of investor needs, the indices are available in two variants: one weighted by market capitalisation, and the other by liquidity.
These indices complement existing benchmarks and are designed to raise the visibility and broaden market participation in the next cohort of 50 companies, excluding the 30 largest companies by market capitalisation.
The next review will occur in June 2026.
