Metasurface Technologies Holdings Limited has announced a dual primary listing on Catalist, offering 18 million placement shares at S$0.54 each. This move is expected to generate gross proceeds of approximately S$9.72m, with trading anticipated to commence at 9:00 a.m. on 4 November 2026. The post-placement market capitalisation is projected to be around S$90m.
The listing on Catalist, a board of the Singapore Exchange Securities Trading Limited (SGX-ST), is significant as it provides Metasurface with a platform to reach a broader investor base. The company has made the offer document available for download on the SGX-ST’s website, detailing the terms and conditions of the placement.
Investors are advised to consult the offer document for comprehensive information, including potential risks associated with the investment. The document, registered by the SGX-ST on behalf of the Monetary Authority of Singapore, outlines that companies listed on Catalist may carry higher investment risks compared to those on the Main Board.
Metasurface’s decision to list on Catalist reflects its strategic aim to enhance its market presence and attract investment. The company cautions potential investors about the inherent risks and advises them to consider professional advice before making investment decisions.
The placement is not intended for public sale in Hong Kong, and the offer document emphasises the importance of understanding the risks involved in investing in Catalist-listed companies.
