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RHT postpones listing; inks Chinese partnership

Firm, which in 2015 mentioned plans for a Catalist listing, says its long-term view is still to seek a flotation

Singapore

MORE than two years after RHT Holdings first made plain in early 2015 its intention to list on the Catalist, the professional services firm now says such plans are off the cards for the time being.

The Business Times understands the group was then in the process of raising funds through an initial public offering (IPO) that was to have come as soon as end 2017.

In June, the company's chief executive, Jayaprakash Jagateesan, had told BT that the group was "already starting to complete the drafting...

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