OREANDA-NEWS. January 29, 2016. Singapore Exchange (SGX) today welcomed Secura Group Limited (Secura) to Catalist under the stock code “43B”.

The home-grown and Singapore-based company offers an integrated suite of security products, services and solutions across a wide range of areas. This includes cyber security, homeland security, security systems integration, printing of cheques, passbooks and parking coupons, providing security services, consulting and risk assessment, executive protection and events security, private investigation and professional surveillance services, amongst others.

Secura has a customer base comprising more than 550 customers across various industries, from multinational corporations, local small and medium enterprises, financial institutions to government-linked corporations, Singapore statutory boards and government agencies.

Paul Lim, Secura Group Limited’s Executive Director and Chief Executive Officer, said, “This marks another milestone for Secura Group, and the response to our IPO has been very encouraging. Listing on the SGX-ST serves as a strategic platform to enhance the visibility and image of Secura Group as a leading and reputable provider in security products, services and solutions. In addition, the listing also allows us to tap the capital markets and further expand our business and operations in the region. With our established track record and dynamic management, we are set to take the Group into the next phase of growth.”

Mohamed Nasser Ismail, Head of SME Development & Listings, SGX, said, “We are pleased to welcome Secura to Catalist, as it embarks on plans to grow its security services across the increasingly important cyber security space as well as technology and systems integration, and the upgrading of its security printing equipment.  Secura is also looking at overseas expansion, and we look forward to partnering the company in realising its growth vision.”

“Besides bringing another strong Singapore business model to Catalist, this IPO also comes with detachable warrants, giving shareholders who participated in the IPO an option to increase their shareholding in the company within three years of its listing,” he added.  

The listing of Secura brings the total number of companies on Catalist to 175, with a combined market capitalisation of S\\$10 billion.

Secura opened at \\$0.245 today.