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UltraGreen.ai’s post-IPO performance is an important gauge of investor interest

It represents the kind of high-tech players that investors have been clamouring to see listed on the local bourse

Benjamin Cher
Published Wed, Dec 3, 2025 · 07:00 AM
    • Market players say that potential listees are following UltraGreen.ai’s trading debut closely, to see if SGX is a suitable listing venue.
    • Market players say that potential listees are following UltraGreen.ai’s trading debut closely, to see if SGX is a suitable listing venue. PHOTO: TAY CHU YI, BT

    [SINGAPORE] After years of lamenting the lack of high-tech, growth-focused companies on the Singapore Exchange (SGX), investors are getting their wish granted with the upcoming debut of UltraGreen.ai.

    The company develops fluorescence-guided surgery technology, offers fluorescence imaging services and supplies indocyanine green dyes used in surgical procedures. More importantly, it represents the kind of high-tech players that investors have been clamouring to see listed on the local bourse.

    UltraGreen.ai is laying the foundation for success with a high-powered board. Kwa Chong Seng, former SGX and ST Engineering chairman, is the non-independent non-executive chairman. Hsieh Fu Hua, former SGX CEO and once a director at Grab, is the lead independent director.

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