OREANDA-NEWS. November 27, 2015. Singapore Exchange (SGX) today welcomed Axcelasia Inc (Axcelasia) to Catalist under the stock code “42U”.

Axcelasia is a provider of integrated professional services including tax advisory, business consultancy, enterprise management system application and business support. Its client base includes government-linked entities, private and public-listed companies and multinational corporations.  

Axcelasia Executive Chairman Dr Veerinderjeet Singh said, “We are ready to take Axcelasia onto a bigger platform. The launch of this IPO marks a significant milestone for us as it will allow us to embark on our next phase of growth by leveraging our success in Malaysia to scale up our presence in the ASEAN region.”

Mohamed Nasser Ismail, Head of SME Development & Listings, SGX, said, “We are pleased to welcome Axcelasia to Catalist. We look forward to supporting Axcelasia as it embarks on increasing its range of professional services and broadening its operations across the ASEAN region.”

The listing of Axcelasia brings the total number of Catalist companies on SGX to 171, with a combined market capitalisation of S\\$10 billion.

Axcelasia opened at \\$0.26 today.