General Announcement::SGX welcomes Pteris Global to Catalist

Issuer & Securities

Issuer/ Manager
SINGAPORE EXCHANGE LIMITED
Securities
SINGAPORE EXCHANGE LIMITED - SG1J26887955 - S68
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
21-Aug-2014 09:55:31
Status
New
Announcement Sub Title
SGX welcomes Pteris Global to Catalist
Announcement Reference
SG140821OTHRIK7B
Submitted By (Co./ Ind. Name)
Loh Wei Ling
Designation
Vice President
Description (Please provide a detailed description of the event in the box below)
Singapore Exchange (SGX) is pleased to welcome the listing of Pteris Global Limited on Catalist under the stock code UD3 .

The listing follows a reverse takeover of Pteris Global, originally listed on Mainboard, by Shenzhen CIMC-Tianda Airport Support Ltd. With the completion of this transaction, the company has expanded its service and product offerings from airport logistics systems for the handling of baggage and air cargo and the manufacture of airport ground support equipment, to become one of the world s largest suppliers of passenger boarding bridges.

Dr Li Yin Hui, Non-executive Chairman of Pteris Global Limited ( Pteris or the Group ) said, Today s ceremony commemorates the listing of CIMC-Tianda one of the world s leading suppliers of airport equipment and modern logistics systems after a reverse takeover of Pteris. The Group is now the world s largest supplier of passenger boarding bridges and a leading global integrated airport logistics solutions provider. We now have the capability and international network to offer a wide range of products and services to customers globally. Moving forward, we ll continue to leverage on our enlarged capabilities and clear growth plans to augment our market position, and to achieve growth for our shareholders.

Lawrence Wong, Head of Listings at SGX, said: We are pleased to welcome the listing of Pteris Global following its acquisition of Shenzhen CIMC-Tianda Airport Support Ltd on Catalist. Its listing adds to the array of transportation services companies listed on our Exchange, and we look forward to the company leveraging on Catalist to achieve its targeted growth.

The listing of Pteris Global brings the total number of SGX-listed companies in the transportation services industry to 16 with a combined market capitalisation of more than S$19 billion.

-End-

Attachments

20140821_SGX_welcomes_Pteris_Global_to_Catalist.pdf
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