The ceremony has specially invited guests from institutions such as the Singapore Exchange (SGX), the Singapore Business Federation (SBF), and the Invest Hong Kong (InvestHK) to witness this important moment together.
Article by: 1exchange
1exchange (hereinafter referred to as 1X), Singapore's first private market exchange regulated by the Monetary Authority of Singapore (MAS), and also a member of the FOMO Group, officially announces that Malaysian real estate developer Verte Holdings (ISIN code: SGXZ15055056) has successfully listed on 1X.
To this end, the listing bell-ringing ceremony will be grandly held on December 19, 2024, at Singapore's iconic landmark—the Marina Bay Sands Expo and Convention Centre. The ceremony has specially invited guests from institutions such as the Singapore Exchange (SGX), the Singapore Business Federation (SBF), and the Invest Hong Kong (InvestHK) to witness this important moment together.
Verte Holdings has a project portfolio of over 1,000 housing units and has completed 13 development projects to date. The listing on 1X highlights Verte Holdings' brand strength and market influence, opening a new chapter in the company's development journey.
Adrean Kwong, founder and Group CEO of Verte Holdings, stated, 'We are deeply honored that VERTE is able to list on a trusted private market exchange, 1exchange. This listing is an important milestone in our development journey, and this achievement would not have been possible without the professional support and efficient collaboration of 1exchange. We are very proud to have chosen 1exchange as our private listing partner; their expertise and commitment exceeded our expectations at every stage of the listing process. This is not just a milestone; it is a powerful testament to what strong partnerships can achieve.'
1X CEO Sheena Lim stated, 'We are honored to be chosen by Verte Holdings as their listing platform. Verte Holdings has set an excellent example in the real estate industry by creating high-quality residences and enhancing the quality of life through a customer-centric development philosophy. At 1X, we continuously support the growth of Verte Holdings, assisting in their market visibility and solidifying their position as an innovative real estate developer in Asia. We sincerely congratulate Verte Holdings on their successful private listing in Singapore.'
Choosing to list on 1X can unleash new growth potential, broaden financing channels, and enhance operational efficiency. By listing on 1X, businesses can optimize their equity structure, convert shares into tradable assets, and attract more potential investors. Additionally, 1X provides shareholders with asset liquidity and tradability, enabling early investors, employee stock option plan (ESOP) participants, or shareholders to realize cash-outs without losing ownership and control. 1X also offers potential partial exit strategies for companies preparing to enter the public market or undertake strategic sales. As an industry innovator, 1X is also committed to promoting the tokenization of Real-World Assets (RWA), providing businesses with greater liquidity, more financing options, and higher cost-effectiveness through blockchain technology.
1X continuously optimizes its services, providing a robust private listing platform for small and medium-sized enterprises and family businesses, helping them enhance market visibility and establish brand reputation among potential customers and partners. By choosing to list on 1X, Verte Holdings demonstrates its determination to expand its brand influence and further solidifies its position as a regional innovative real estate developer.
About Verte Holdings
VERTE was founded in 2003, originally known as Lestari Ihsan, starting in Hulu Langat, Kuala Lumpur, and gradually developing into a leading brand in the real estate development sector. With a commitment to quality and innovation, VERTE maintains a strong market position in the Klang Valley and has won numerous domestic and international awards.
VERTE is committed to sustainability, integrating environmental, social, and governance (ESG) principles into all aspects of its operations. By adopting eco-friendly construction practices, energy-efficient designs, and high-quality materials, the company minimizes its environmental impact and promotes a greener future. VERTE's development projects are designed to align with global sustainability goals, actively addressing climate change while meeting customer expectations.
VERTE also emphasizes community involvement, focusing on affordable housing projects, local procurement, and plans that help create vibrant and prosperous communities. The company's commitment to environmental protection is reflected in its efforts to preserve natural habitats, implement sustainable landscape designs, and promote eco-friendly practices in its projects.
VERTE's mission is to redefine modern lifestyles through innovative and sustainable real estate solutions, continuously providing cost-effective, well-designed residences that enhance quality of life. Guided by the vision of 'Creating Comfort Lifestyle,' VERTE is not just building houses but is also creating a better future for individuals, communities, and the planet.
About 1exchange
1exchange (referred to as '1X') is Singapore's first private market exchange licensed by the Monetary Authority of Singapore, providing a convenient and cost-effective private listing platform specifically for family businesses, growth-stage, and pre-IPO companies. As a member of the FOMO Group, the exchange is dedicated to providing market-oriented financial solutions for businesses, such as direct private listings. By listing on 1X, founders, business owners, and growth-stage companies can achieve partial exits and trade private shares while maintaining flexibility and control.