General Announcement::News Release: SGX welcomes LS 2 Holdings Limited to Catalist

Issuer & Securities

Issuer/ Manager
SINGAPORE EXCHANGE LIMITED
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
24-Feb-2022 09:24:48
Status
New
Announcement Sub Title
News Release: SGX welcomes LS 2 Holdings Limited to Catalist
Announcement Reference
SG220224OTHRILKI
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) is pleased to welcome LS 2 Holdings Limited to its Catalist under the stock code "ENV".

LS 2 Holdings is a Singapore-based integrated environmental services provider with more than 20 years of established track record. They specialise in providing a full suite of cleaning services as well as pest control and waste management services. An early adopter of innovative cleaning solutions, LS 2 Holdings has a strong customer base from both the private and public sectors, including major customers from government agencies and town councils.

Alvin Ong, Chief Executive Officer and Executive Director, LS 2 Holdings Limited, said, "We are proud to achieve another significant milestone for the Group as we successfully list on the Catalist board of the SGX securities market. We believe the listing is an important platform that will boost the brand value of the Company and create new business opportunities. Together with our strong competitive edge of being an integrated provider of a comprehensive and innovative suite of cleaning services to cater to customers' diverse needs, the Group is well-positioned to pursue our next growth phase. Going forward, we will continue to leverage our established track record and strong industry network to enhance our market position further, expand our service offerings and improve our service standards in order to grow the Company and deliver long-term value to all our stakeholders."

Mohamed Nasser Ismail, Global Head of Equity Capital Markets, SGX, said, "We are pleased to welcome the listing of another homegrown company, LS 2 Holdings Limited, to the SGX family. As a one-stop integrated environmental services provider with an emphasis on technology, the company is well-placed to tap on the opportunities in the digitalisation of the environmental services industry. We look forward to partnering with them on this exciting growth journey, especially as the company looks to recreate, redesign and reinvent their services to be more environmentally friendly."

With a market capitalisation of around S$37 million, the listing of LS 2 Holdings brings the total number of companies listed on Catalist to 218, with a combined market capitalisation of close to S$11.5 billion.

LS 2 Holdings Limited opened at S$0.295 today.

Attachments

20220224_SGX_Welcomes_LS_2_Holdings_Limited_to_Catalist.pdf
Total size =146K