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Info-Tech Systems Gears Up for IPO on SGX Mainboard
The Straits Times
|June 23, 2025
Software services firm planning to raise funds for further product development, market expansion
Local firm Info-Tech Systems has lodged its preliminary prospectus with the Monetary Authority of Singapore (MAS) for a listing on the mainboard of the Singapore Exchange (SGX), making it the second company to potentially list here in 2025.
The software services provider is planning to raise funds for further product development and expansion into new markets like Hong Kong and India. It also plans to hire more engineers and other executives.
Its cloud-based human resources and accounting software and digital payroll solutions are now used by over 23,000 organisations and more than 850,000 active users across Singapore, Malaysia, Hong Kong and India, according to the firm's prospectus.
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