Catalist board

“The markets are pretty buoyant and valuations are good. So, we want to tap the capital markets to fund our expansion."

Shares in F J Benjamin closed 0.3 cent higher or 15.8% up at 2.2 cents on Feb 25.

Shares in Aspen closed 0.5 cent higher or 1.9% up at 26.5 cents on Jan 27.

Trading of the company’s shares will commence at 9am on the same day.

Trading of the company’s shares following the consolidation is expected to resume trading at 9am on Feb 8.

The company says the acquisition will be satisfied through the issuance of new Sinopipe shares.

Aspen hopes that a Mainboard listing will promote its corporate profile and create greater visibility in the capital markets.

The group’s total revenue and profit for the FY2020 stood at $23.7 million and $0.4 million respectively.

SINGAPORE (June 11): ST Group Food Industries, a food and beverage group headquartered in Australia, has launched its preliminary offer document with Singapore Exchange (SGX) to list on the Catalist Board.

SINGAPORE (Dec 19): Just two hours into its debut on the Singapore Exchange (SGX) Catalist board, shares in medical technology firm Biolidics have slumped 23.2% from its listing price of 28 cents.