OREANDA-NEWS.Singapore Exchange (SGX) today welcomed TLV Holdings Limited (TLV Holdings) to Catalist under the stock code “42L”.

TLV Holdings is an established Singapore based jeweller that sells jewellery in local and international markets through retail and wholesale channels. 

The group has a local network of 19 retail outlets under the “Taka Jewellery” and “Lovis Diamonds” brands. It conducts its wholesale business through participation in exhibitions across Asia, US, Europe and the Middle East. It also retails pre-owned jewellery and watches, and operates two pawnshops under the “Top Cash” brand.

Michael Teo, Managing Director, TLV Holding Limited, said, “The listing of TLV Holdings on SGX-ST Catalist marks another milestone for the Group, and we are extremely heartened by the response our IPO received from investors. Listing on the SGX offers a strategic platform to enhance the public image of TLV Holdings and potentially unlock new business opportunities. Coupled with our established track record and strong presence in both the local and international markets, we are well-positioned to take the Group to the next stage of growth.”

Mohamed Nasser Ismail, Head of SME Development & Listings, SGX, said, “We are pleased to welcome TLV Holdings, an established jeweller with an international reach to SGX. With a developed brand in the industry, the Group is well-positioned to grow. We look forward to supporting TLV Holdings as it continues on its growth journey.”

The listing of TLV Holdings brings the total number of consumer sector companies on SGX to 161, with a combined market capitalisation of S\\$128 billion. Following the listing, there are 165 companies listed on Catalist with a total market capitalisation of over S\\$9 billion.

TLV Holdings opened at \\$0.26 today.