ZACD Group Ltd. Successfully Listed on GEM of SEHK
Latest Update:
16 th January, 2018

 

 ZACD Group Ltd. (stock code: 8313.HK), an asset manager headquartered in Singapore offering integrated solutions across the real estate value chain in Singapore and elsewhere in the Asia-Pacific region, is officially listed and commenced trading on the Growth Enterprise Market of The Stock Exchange of Hong Kong Limited today.

 

The Company's share price closed at HK$0.325 with an intra-day high of HK$0.355 per share, representing an increase of approximately 1.56%. A total of approximately 108.91 million shares were traded, with an aggregate turnover of approximately HK$36.43 million.

 

Ms. Sim Kain Kain, the executive director and chairman of the board of ZACD, said on the listing ceremony, "The successful listing on the GEM is a significant milestone in ZACD's history, marking ZACD's entry into the international capital market. Looking forward, we plan to set up a bridging reserve fund to strive to enhance our investment sourcing capabilities. Moreover, we will further expand our existing business segments and bring rich returns to shareholders. We have full confidence in the Group’s long-term development."

 

About ZACD Group Ltd.

ZACD Group Ltd. (stock code: 8313.HK) is an asset manager headquartered in Singapore offering integrated solutions across the real estate value chain in Singapore and elsewhere in the Asia-Pacific region. The Company is principally engaged in the following businesses: (i) Investment management services, which are carried out through (a) SPV investment management (PE structures) and (b) fund management; (ii) Project consultancy and management services; (iii) Property management and tenancy management services; and (iv) Financial advisory services. Known for its pioneering spirit and acute business strategies, the Company has a reputation for identifying and seizing market opportunities before others to capture the first mover advantages ahead of the economic cycles. As at 19 December 2017, ZACD had a total AUM of over S$240 million.

Latest Update:
16 th January, 2018