Hong Kong-listed Concord New Energy to commence trading on SGX on Jan 6
The group manages 83 wind and solar power plants globally
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[SINGAPORE] Hong Kong-listed Concord New Energy will begin its secondary listing on the Singapore Exchange (SGX) on Tuesday (Jan 6), the renewable energy company said in a bourse filing on Monday.
The group said trading of its shares on the SGX will start on Tuesday, subject to the fulfilment of conditions set out in its eligibility-to-list letter.
This will mark the first listing on the SGX in 2026.
The group said its shares closed at HK$0.34 on the Hong Kong Exchange (HKEX) on Monday; this translates to about S$0.056 based on the prevailing exchange rate.
The Singapore-headquartered company announced in December that it had received approvals from regulators in China and Singapore for the planned listing, which would not involve any new fundraising.
Founded in 2006, the group listed on the HKEX in 2007. The group manages 83 wind and solar power plants globally, with a presence in North America, Europe and Asia.
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