Singapore Exchange (SGX) today welcomed GCCP Resources Limited (GCCP) to Catalist under the stock code “41T”.
GCCP is principally engaged in the quarrying and processing of limestone for sale. Its operations are located in Malaysia.
Alex Loo, Executive Chairman and CEO of GCCP, said, “This listing marks a significant milestone for GCCP Resources, and offers investors the opportunity to participate in the growing calcium carbonate business. Demand for calcium carbonate has been consistently healthy because of its diverse industry applications. We are thus looking forward to leveraging our growth strategy to meet such demand and create good value for our new shareholders."
Mohamed Nasser Ismail, Head of SME Development and Listings, SGX, said, “We are pleased to welcome GCCP to Catalist, our fundraising platform for SMEs. GCCP is the 17th mineral company to be listed on SGX. We look forward to further partnering the company in its growth.”
The listing of GCCP brings the total market capitalisation of SGX-listed mineral companies to S$2.2 billion, and the total number of companies in the mineral, oil and gas sector to 27 with a combined market capitalisation of S$4.2 billion.
Shares in GCCP opened at S$0.18.
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GCCP is principally engaged in the quarrying and processing of limestone for sale. Its operations are located in Malaysia.
Alex Loo, Executive Chairman and CEO of GCCP, said, “This listing marks a significant milestone for GCCP Resources, and offers investors the opportunity to participate in the growing calcium carbonate business. Demand for calcium carbonate has been consistently healthy because of its diverse industry applications. We are thus looking forward to leveraging our growth strategy to meet such demand and create good value for our new shareholders."
Mohamed Nasser Ismail, Head of SME Development and Listings, SGX, said, “We are pleased to welcome GCCP to Catalist, our fundraising platform for SMEs. GCCP is the 17th mineral company to be listed on SGX. We look forward to further partnering the company in its growth.”
The listing of GCCP brings the total market capitalisation of SGX-listed mineral companies to S$2.2 billion, and the total number of companies in the mineral, oil and gas sector to 27 with a combined market capitalisation of S$4.2 billion.
Shares in GCCP opened at S$0.18.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
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