Synagie Corporation debuts on Catalist board at 26.5 cents per share

It has a market cap of $71m.

Synagie Corporation joined the Singapore Exchange (SGX) Catalist under the stock code V2Y. It opened at 26.5 cents per share.

With a market capitalisation of about $71m, the listing of Synagie Corporation brings the total number of companies listed on Catalist to 210, with a combined market capitalisation of more than $11b.

Also read: e-commerce firm Synagie targets $11.6m proceeds in IPO

This listing will also contribute to SGX’s technology cluster, which will now have a total of more than 70 companies, with a combined market capitalisation of more than $70b.

Synagie Corporation is a homegrown technology company and e-commerce solutions provider in Southeast Asia in the Body, Beauty, and Baby sector. It provides businesses with one-stop services and integrated technology to manage their multi-channel e-commerce operations.

It has more than 250 brand partners, including well-known brands such as Johnson & Johnson, Kimberly-Clark and Shiseido, which uses its e-commerce solutions.