General Announcement::SGX Group welcomes Soochow CSSD Capital Markets as Accredited IM and Catalist Sponsor
Issuer & Securities
Issuer/ Manager
SINGAPORE EXCHANGE LIMITED
Stapled Security
No
Announcement Details
Announcement Title
General Announcement
Date &Time of Broadcast
15-Apr-2024 17:17:41
Status
New
Announcement Sub Title
SGX Group welcomes Soochow CSSD Capital Markets as Accredited IM and Catalist Sponsor
Announcement Reference
SG240415OTHRWGDV
Submitted By (Co./ Ind. Name)
Jo-Ann
Designation
Senior Associate, Marketing & Communications
Description (Please provide a detailed description of the event in the box below)
Singapore Exchange (SGX Group) is pleased to welcome Soochow CSSD Capital Markets (Asia) Pte. Ltd. (SCCM) as a newly accredited Issue Manager and Catalist Full Sponsor.
SCCM is a wholly owned subsidiary of Soochow Securities CSSD (Singapore) Pte. Ltd. Its major shareholder is Soochow Securities Co. Ltd., a Chinese State-Owned Enterprise (SOE) listed on the Shanghai Stock Exchange. Soochow Securities Co. Ltd. is a full licensed securities firm, with a history spanning more than 30 years. It is known for its expertise in investment banking, securities brokerage, asset management and underwriting services in the financial services industry. SCCM is an investment bank focusing on emerging growth companies across Asia, providing a full suite of investment banking services, including equity capital markets, mergers & acquisitions advisory, equities research and private credit financing.
As an accredited Issue Manager and authorised Catalist Full Sponsor, SCCM can advise companies on a SGX Mainboard or Catalist listing and supervise Catalist-listed companies post-listing.
Koh Jin Hoe, Head of Capital Markets, Global Sales and Origination, SGX Group, said, "We are delighted to welcome Soochow CSSD Capital Markets as our newest Issue Manager and Catalist Full Sponsor. The addition of SCCM introduces fresh synergy between Singapore and China financial markets, fostering a dynamic environment for growth and innovation. Listing aspirants aiming to navigate the complexities of the public markets will undoubtedly benefit from SCCM's wealth of expertise and expansive network. We look forward to working closely with them."
Jack Kang, Chief Executive Officer, Soochow CSSD Capital Markets (Asia) Pte. Ltd., said, "Soochow CSSD Capital Markets is extremely pleased to join SGX Group as a Mainboard IPO Issue Manager and a Catalist Full Sponsor for listings on SGX. As a Chinese-backed investment bank with this dual SGX accreditation, we look forward to working closely with the investment community to introduce more quality companies of varying sizes and from diverse sectors to list on SGX. Furthermore, backed by our strong SOE support and parentage, we will be able to leverage on our connections and familiarity with Chinese corporates seeking to expand their businesses through Singapore as a gateway to Southeast Asia, beyond the existing One-Belt-One-Road initiative."
With SCCM's addition, SGX Group has a total of 43 accredited Issue Managers and 14 Catalist Full Sponsors.
Attachments
20240415 SGX Group welcomes SooChow CSSD Capital Markets as Accredited Issue Manager and Catalist Full Sponsor.pdf
Total size =145K
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