The proposed transfer is expected to boost group’s visibility, give it access to wider investor base
[SINGAPORE] Koh Brothers Eco Engineering has received in-principle approval to transfer its listing from the Catalist board to the mainboard of the Singapore Exchange, the sustainable engineering solutions provider said on Wednesday (Jul 1).
The proposed transfer – first announced at the end of May – “is intended to better reflect the company’s market position, stage of growth and relative stability, while enhancing long-term value for shareholders”, it said.
The enhanced visibility and “access to a larger and more diverse investor base” arising from the transfer will lead to better liquidity and encourage greater institutional investor participation, the company added.
It noted that these factors could lead to improvements in market valuation that more accurately represent the group’s underlying value.
It will also have more flexibility to pursue both local and overseas growth opportunities, it said.
The group’s order book stood at about S$1.1 billion as at Dec 31, 2025, “providing earnings visibility across its engineering and construction, bio-refinery and renewable energy businesses”.
It said a circular in relation to the proposed transfer will be issued, with a notice convening an extraordinary general meeting to seek shareholder approval on the move to be dispatched in due course.
