Saturday, 13 July 2024

Rectitude Commemorates IPO Completion With Nasdaq Bell Ringing Ceremony

KUALA LUMPUR, July 12 (Bernama) -- Rectitude Holdings Ltd (Rectitude), a Singapore-based safety equipment and related industrial products provider, has announced its management team participated in a Nasdaq Bell Ringing Ceremony at Capella Singapore.

Rectitude Chairman, Chief Executive Officer, and Executive Director, Jian Zhang in a statement said this bell ringing ceremony marked a historic moment for the company as it celebrates its successful listing on Nasdaq, one of the world’s premier equity markets.

“This represents the result of years of effort and dedication that our entire team has put into growing the company.

“We are now looking forward to our next chapter and how we will provide long-term value for our shareholders and continue to solidify our position as the leading provider of safety and industrial solutions in Singapore and throughout Southeast Asia,” he said.

The bell ringing ceremony highlights Rectitude’s successful initial public offering (IPO) and listing on Nasdaq, in which the company began trading on June 21 under the ticker symbol “RECT”.

Nasdaq investor relations and IPO director for Asean, Hiren Krishnani, also attended the ceremony.

Founded in 1997, Rectitude’s products and solutions are marketed to a wide array of distributor networks and end markets, both in Singapore and increasingly throughout the Southeast Asian region, including Brunei, Cambodia, Malaysia, Indonesia, and Vietnam.

-- BERNAMA



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