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Skylink opens at 24.5 cents following reverse takeover
The Straits Times
|September 18, 2025
Skylink Holdings has made its debut on the Singapore Exchange (SGX) at 24.5 cents on Sept 17.
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The counter ended the trading day at 25 cents, with 10.8 million shares changing hands.
In a statement, Skylink chief executive officer Wesley Shen said: “Our Catalist listing provides us with greater visibility and access to the capital markets to fund our growth strategies, which, in turn, will deliver long-term sustainable value to shareholders.”
The Catalist company was revived from a reverse takeover of homegrown commercial vehicle specialist Skylink Apac by Sincap Group.
The deal was approved on Sept 11 by Sincap shareholders.
This story is from the September 18, 2025 edition of The Straits Times.
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