SINGAPORE, 16 April 2025 – We are proud to have acted as Solicitors to the Issue Manager, Full Sponsor and Placement Agent, RHB Bank Berhad, as to Singapore law in connection with the successful initial public offering and listing of Vin's Holdings Ltd on the Catalist board of the Singapore Exchange ("SGX").
Vin's Holdings Ltd's public debut is the SGX's first listing of 2025. The placement of 20 million shares at S$0.30 per share was fully subscribed, raising S$6 million in gross proceeds.
Vin's Holdings Ltd is a homegrown integrated automotive solutions provider in Singapore offering automobile sales and related services, automobile financing, automobile after-sales services and automobile rental and leasing services. This milestone listing marks a new chapter for Vin's Holdings Ltd and is a strong testament to investor confidence in the company's integrated business model and the prospects of the dynamic automobile industry.
At Duane Morris & Selvam LLP, we are honoured to have played a key role in this momentous event, drawing upon our capital markets expertise to support a smooth and successful listing journey.
Congratulations to Vin's Holdings Ltd, RHB Bank Berhad, and all stakeholders on this achievement and special thanks to Leon Yee, Jennifer Lo, Hannah Poh, and Marcus Ng for their hard work and dedication on this deal.