General Announcement::News Release: SGX welcomes Shanaya 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
19-Aug-2021 09:27:23
Status
New
Announcement Sub Title
News Release: SGX welcomes Shanaya Limited to Catalist
Announcement Reference
SG210819OTHR37V4
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) today welcomed Shanaya Limited to its Catalist under the stock code "SES".

Shanaya Limited is engaged in the provision of waste management and disposal services to industrial and commercial clients. It is one of the leading waste management companies in Singapore specialising in serving the shipping and cruise industries.

Mohamed Gani Mohamed Ansari, CEO & Executive Director, Shanaya Limited, said, "The listing on the Singapore Exchange marks the beginning of an exciting phase in Shanaya's growth and attests to the strength of the Shanaya brand in the waste management and recycling industry in Singapore. This would definitely enhance our visibility as a leading waste management, treatment, and recycling service provider for the shipping and cruise industries in Singapore. More importantly, it will position us better to access the capital markets as we continue to expand our waste management operations with the enlarged capacity afforded by our new Tuas Facility. We are grateful for the support from our shareholders and will continue to forge ahead to take Shanaya to greater heights."

Mohamed Nasser Ismail, Global Head of Equity Capital Markets, SGX, said, "We are pleased to welcome the listing of homegrown Shanaya Limited on SGX Catalist. The company has a proven track record and strong customer base, and is scaling up its operations to provide a more comprehensive range of services. With Singapore aiming to become a Zero Waste Nation and shifting towards more sustainable production and consumption, we look forward to supporting Shanaya Limited in its endeavour to grow and further promote resource sustainability."

With a market capitalisation of about S$27 million, the listing of Shanaya Limited brings the total number of companies listed on Catalist to 217, with a combined market capitalisation of around S$13 billion.

Attachments

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