NSX Continues Strong Growth
Wednesday, September 7, 2005
Newcastle, NSW –NSX Limited (ASX: NSX) announced today the listing of Yang Yang China Holdings Limited, an Australian registered company with agricultural assets based in the Guangzhou Province of China.
On 25th August 2005 Chew Yak Mong - Synerpac Limited (Synerpac), a Singaporean company, listed on the NSX. Synerpac is primarily an import/export business servicing supermarkets and providoring ships in Singapore.
The Chairman of the NSX, Mr Ray Whitten said:-
“I am delighted that the efforts of NSX and its registered facilitator Sibco Australia Pty Limited directed to both China and Singapore are showing positive results. We see China and Singapore as important growth markets and we will continue to build on these successful listings”.
“NSX has shown strong growth this year. After the successful merger of Newcastle and Bendigo Stock Exchanges NSX has 75 listed securities with a market capitalisation of $636 million. This represents a 66% increase in the number of listed securities since January this year”.
NSX has listed companies covering a wide variety of sectors including property, resources, investment and finance, retail, industrial and biotech. This coming month will see several more companies listed on the NSX including its first IT listing as well as its first telecommunication listing.
About NSX Limited. NSX is the holding company of the Stock Exchange of Newcastle Limited and Bendigo Stock Exchange Limited which are Australian Market Licencees.
NSX Forward Looking Statements. This Market Release may contain forward looking statements that reflect the Company’s current expectations regarding future events. Forward looking statements involve risks and uncertainties. Actual events could differ materially from those that may be projected herein and depend on a factors foremost of which is the success of NSX in attracting listings to its markets.
Author: Ray Whitten
Source: NSX