The Business Times
business-time-50

Catalist stocks ride on renewed market interest, but more needs to be done to spur mainboard transfers

Challenges faced in transitioning include low liquidity, limited visibility and investor perception issues, which hinder capital raising efforts

Summarise
google-preferred-sourceAdd BT as a preferred source
Ranamita Chakraborty

Ranamita Chakraborty

Published Tue, Oct 21, 2025 · 07:00 AM
阅读简体中文版 (beta)
    • The Catalist board continues to serve as a springboard for growth companies, supporting their development and enabling their transition to the mainboard when they are ready and if they choose to do so, said SGX.
    • The Catalist board continues to serve as a springboard for growth companies, supporting their development and enabling their transition to the mainboard when they are ready and if they choose to do so, said SGX. PHOTO: BT FILE

    [SINGAPORE] Since it transferred from the Singapore Exchange (SGX) Catalist board to the mainboard in June, Malaysia-based Oiltek International has seen its average daily trading volume almost treble.

    Market capitalisation of the vegetable oil process engineering and renewable energy solutions provider has soared to S$366.8 million as its shares climbed to close at S$0.855 on Friday (Oct 17), from S$0.555 just before its mainboard transfer.

    Mechanical and electrical engineering services provider Ever Glory United , which applied for a transfer to the mainboard last week, will be hoping to replicate this success.

    SGXSingapore equities

    TRENDING NOW

    (From left) Dushan county’s ambitious Shuisi Building project and an unfinished, full-scale replica of the Titanic in Daying county.

    Abandoned ‘Titanic’, failing ‘ancient towns’: Why China’s tourism boom leaves white elephants behind

    David Rubenstein, co-founder and co-chairman of The Carlyle Group, warns against “just trying to do deals for the purpose of doing deals, as opposed to getting high rates of return”.

    Private equity giant Carlyle can grow bigger but needs to stay on its toes: co-founder David Rubenstein

    DPM Gan Kim Yong says MAS will remove the 5 per cent cap on physical investment precious metals under the tax incentive schemes for funds.

    Singapore to establish over-the-counter gold clearing system, central bank vaulting by end-2026

    “Findings suggest that roles are being reconfigured, rather than phased out, as demand for AI-related jobs rose,” the PwC report noted.

    Singapore public sector commands highest AI salary premium as job postings surge: PwC study

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More