General Announcement::SGX welcomes Japfa Ltd to Mainboard

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
15-Aug-2014 10:45:58
Status
New
Announcement Sub Title
SGX welcomes Japfa Ltd to Mainboard
Announcement Reference
SG140815OTHR34IG
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 Japfa Ltd (Japfa) on Mainboard under the stock code UD2 .

First established in Indonesia and now headquartered in Singapore, Japfa is an agri-food company that produces multiple types of protein foods, with an emphasis on milk, poultry and beef, complemented by growing businesses in swine and aquaculture. The company has operations in five emerging Asian markets, namely China, India, Indonesia, Myanmar and Vietnam. Its business covers the agri-food value chain of feed production and breeding to commercial farming and processing. It also processes and distributes consumer foods such as dairy products and processed meats.

We are delighted with our successful listing on Singapore Exchange. Today marks the start of an exciting new chapter and phase of growth for our Group. We have achieved a significant milestone in becoming the first industralised company, focused on affordable staple proteins for Asian consumers, to be listed in Singapore. We welcome our new investors in joining us in capitalising on the tremendous opportunities before us, and are committed to continue growing from strength to strength, said Tan Yong Nang, CEO of Japfa Ltd.

We are pleased to welcome Japfa to SGX. As the first industrialized agri-food company focused on protein foods to list on SGX, they add diversity to our food and beverage sector and provides our investors with access to the fast growing staple proteins market, said Magnus Bocker, CEO, SGX.

With an estimated IPO market capitalisation of S$1.4 billion, Japfa Ltd brings the total number of SGX-listed companies in the food and beverage sector to 47 with a combined market capitalisation of more than S$60 billion.

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Attachments

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