ProsperCap starts SGX Catalist trading

This came following its takeover of 3Cnergy Limited.

Prosper Cap Corporation made its trading debut on SGX Catalist on 26 January after a reverse takeover of 3Cnergy Limited.

In a statement, ProsperCap said its listing ceremony will be held on 29 January

“We are very delighted to be able to kick-off the new year with the listing of ProsperCap, which is a significant milestone for the Group and also for our major shareholder, Thai-conglomerate, DTGO Corporation Limited,” CEO and Executive Director Iqbal Jumabhoy said.

ALSO READ: Sustained growth seen for SGX-listed F&B operators, says expert

“As we embark on this new chapter as a listed company, we now look forward to further bolstering our presence as an owner and manager in the global hospitality and lodging-related market, while at the same time inculcating strong sustainability and social values in our business and investments, maximising both financial and social returns for all our stakeholders,” he added.

ProsperCap operates 17 predominantly upscale hotels with a total of 3,383 keys across key citing in the United Kingdom under franchise deals with international hotel brands such as Hilton, IHG, and Marriott.

Follow the link for more news on

SGX

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia