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Wellness company Crigen debuts on 1exchange, eyes listing in Australia

Claudia Tan HS

Published Wed, Jul 22, 2020 · 09:50 PM

Singapore

MALAYSIA-BASED wellness and aesthetics services operator Crigen Resources on Wednesday made its debut on 1exchange (1X), Singapore's only regulated private securities exchange, to support expansion and listing plans of its wholly-operated company Danai Spa.

Crigen listed 28 per cent of its shares at an aggregate value of S$2 million on 1X through a direct listing, valuing the company at around S$7.1 million. Danai Spa will trade on 1X under Crigen, its parent entity.

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