Nexion Technologies Limited, stock code: 8420.HK, a well-established ICT solution provider, headquartered in Singapore, focusing on the provision of cyber infrastructure and cyber security solutions, was successfully listed and commenced trading on Growth Enterprise Market of Stock Exchange of Hong Kong Limited today.

A total of 68.4 million shares of Nexion Technologies Limited were traded and the aggregate turnover from the first day of trading amounted to approximately HK$35.6 million. The share price reached as high as HK$0.58, and closed at HK$0.48 today.

Mr. Foo Moo Teng, Chairman, Executive Director and Chief Executive Officer of Nexion Technologies, said, “The successful listing on HKEx signifies the beginning of a new stage in the international capital market, and it marks an important milestone of the Company as well. We are honoured to receive enthusiastic support from our investors. Standing at a new starting point, we will continue to expand our business scale. Currently, we have accessed the Asia Pacific and European markets through alliances with local channel partners. We plan to extend our sales from Southeast Asian to European, Middle East and African region, further enhance cooperates with technology vendors, and continuously strengthen our R&D capabilities, so as to expand industry advantages and provide abundant return to shareholders. We are fully confident in the Company’s long-term development.”  

Nexion Technologies Limited is an ICT solution provider headquartered in Singapore focusing on the provision of cyber infrastructure and cyber security solutions. The Company’s cyber infrastructure solutions business mainly includes system integration, threat management and cloud infrastructure, while cyber security solutions specialise in internet content management. The Company has developed IRGO core engine and RTPR technology for decoding and processing the data packets collected from the internet and thereafter, reconstructing such data packets to the original state of the information in real time. The Company’s cyber security solutions serve as a tool to analyse and monitor information collected from the internet in real time. This assists users in formulating measures and controls for management of internet content to address cyber challenges and threats.