Metrocon debuts on SGX Catalist for growth plans
It opened at $0.23 on its first day of trading.
Geotechnical foundation engineering company Metrocon Holdings Limited has listed on the Singapore Exchange's Catalist board under the stock code “WYO” on 15 September.
Metrocon specialises in subsurface construction work for buildings and infrastructure projects, including deep structural piling, underground retaining walls, and ground improvement works.
“Becoming a listed company gives us a stronger platform to grow responsibly, invest in our capabilities and continue to execute our growth plans to deliver long-term value for our shareholders, customers and partners,” Tan Kean Seng, executive director and CEO of Metrocon, said in a statement.
The company also serves government agencies and private developers across residential and infrastructure projects, including technically complex construction works.