Singapore Exchange (“SGX”) is pleased to welcome the listing of Civmec Limited (“CIVMEC”) on Mainboard, under the stock code of “P9D”.
CIVMEC is an Australian–based integrated multi-disciplinary construction and heavy engineering services provider to the oil and gas, mining and other industries such as the infrastructure, utilities, chemical and power industries. The Group provides heavy engineering and other services including fabrication, site civil works, pre-cast concrete and maintenance services.
Mr James Fitzgerald, Chairman of CIVMEC shared, “We are looking forward to the new opportunities that our listing will present to us and our shareholders in the future."
“We welcome CIVMEC to the SGX family and our pool of Australian based companies and funds which has now grown to 10 in number and with a total market capitalisation of S$6.3 billion. We saw an emerging trend of Australian businesses tapping into the investor base in Singapore, and we are pleased that CIVMEC has chosen SGX as its Asian Gateway to fund its business expansion,” said Mr Lawrence Wong, Head of Listings, Singapore Exchange.