|Description (Please provide a detailed description of the event in the box below)||Singapore Exchange (SGX) today welcomed TSH Corporation Limited to its Catalist under the stock code "KUH".|
TSH Corporation Limited operates a multi-concept chain of pubs and bars, as well as imports and distributes spirits, wines and liquors. The company currently operates five outlets covering four different F&B concepts. In addition, TSH Corporation Limited imports and distributes a wide range of whisky, directly to retail outlets and corporate and individual customers.
Mohamed Nasser Ismail, Head of Equity Capital Markets, SGX, said, "We are pleased to welcome the listing of TSH Corporation Limited on SGX Catalist. The F&B scene in Singapore is a vibrant one, supported by a growing segment of consumers with more sophisticated palates and increasing affluence. As TSH Corporation Limited seeks to expand in Singapore and regionally, SGX looks forward to supporting them in this new chapter of growth."
Chua Khoon Hui, Chief Executive Officer and Executive Director of TSH Corporation Limited, said, "This listing is an exciting milestone for TSH Corporation. Being listed on SGX will allow us better access to the capital markets, to further grow our business. It also enhances the Group's visibility as we work to partner with distilleries across the world and ride on the increasing demand for and consumption of whisky in Singapore. We are grateful for the support from shareholders and we will continue to forge ahead in our next phase of growth."
With a market capitalisation of about S$27 million, the listing of TSH Corporation Limited brings the total number of companies listed on Catalist to 215, with a combined market capitalisation of about S$10 billion.
TSH Corporation Limited opened at S$0.38 today.