Anchor Resources Limited, which is headquartered in Kuala Lumpur, Malaysia made, its debut on the SGX-ST on the 18th of March 2016. Anchor Resources Limited is engaged in the business of exploration, mining and production of gold for sale in Malaysia. The company holds concession rights to two mining areas- the Lubuk Mandi Mine & the Bukit Panji Property’ both situated on the Eastern Gold Belt of Peninsular Malaysia, in the state of Terengganu.
To celebrate the prestigious occasion, members of the Board, Management, Professionals and Staff gathered at SGX to commemorate the IPO. Founder & Managing Director of Anchor Resources Limited, Mr Lim Chiau Woei gave a superb speech about the company and its future plans during the occasion.
“The successful listing marks a significant milestone for Anchor Resources, and an endorsement and a vote of confidence in our business and long-term growth. Demand for gold is expected to be steady and we look forward to expanding our capabilities to ride on such demand and create value for shareholders.”
In his speech, Mohamed Nasser Ismail, Head of Equity Capital Markets (SME) and Head of Capital Markets Development, SGX said, “We are pleased to welcome Anchor Resources, a gold exploration, mining and production company to Catalist. Its listing brings the number of mineral, oil and gas companies listed on SGX to 28, with a combined market capitalisation of $2.3 billion. We look forward to supporting the company on its growth journey, as it utilises our fast-growth platform for its fund raising activities.”
A ‘GONG’ ceremony with Directors and Associates also marked the event. As this was an auspicious occasion for the company and the Group, a traditional lion dance was held to the enjoyment of all present. During the ceremony, a presentation and exchange of mementos took place between SGX and Anchor Resources Limited. An exchange of mementos between the Sponsor, UOB Kay Hian Private Limited also took place.