General Announcement::News Release: SGX welcomes Medinex Limited 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
07-Dec-2018 09:22:19
Status
New
Announcement Sub Title
News Release: SGX welcomes Medinex Limited to Catalist
Announcement Reference
SG181207OTHR1GKT
Submitted By (Co./ Ind. Name)
Singh-Yeo Wan Xin
Designation
Assistant Vice President, Marketing and Communications
Description (Please provide a detailed description of the event in the box below)
Singapore Exchange (SGX) today welcomed Medinex Limited to its Catalist under the stock code "OTX".

Based in Singapore, Medinex Limited is a provider of Medical Support Services specialising in providing professional support services to medical clinics. Apart from overseeing the setting up of clinics, facilitating applications for relevant clinic licences and providing business support services such as accounting and tax agent services, human resource management services and corporate secretarial services, Medinex Limited also provides Pharmaceutical Services to its clients, assisting them in procuring medical and pharmaceutical products.


Mohamed Nasser Ismail, Head of Equity Capital Market (SME) and Head of Capital Market Development, SGX, said, "We are pleased to welcome the listing of Medinex Limited on SGX Catalist. Changing demographics and rising affluence will be key factors driving the demand for healthcare services in Singapore. As the company enters this new phase of growth, we look forward to supporting them in their expansion plans ahead."

Jessie Low, Executive Director and Chief Executive Officer of Medinex Limited, said, "Medinex is positioned to benefit from the growing demand for quality healthcare services in Singapore, with our full suite of medical support services. Our IPO is an exciting milestone for the Group and we believe that with access to the capital markets, we will be able to grow our business operations further, to provide even more comprehensive integrated services to our customers in the medical industry. We are grateful to the support from the investment community and we will continue to forge ahead in this new exciting chapter."

With a market capitalisation of about S$33 million, the listing of Medinex Limited brings the total number of companies listed on Catalist to 213, with a combined market capitalisation of more than S$10 billion.

Medinex Limited opened at S$0.285 today.



Attachments

20181207_SGX_welcomes_Medinex_Limited_to_Catalist.pdf
Total size =466K