Singapore Exchange (SGX) is pleased to welcome Starburst Holdings Limited to Catalist under the stock code of "40D".

Starburst Holdings is a Singapore-based engineering group specialising in the design and engineering of firearms-training facilities. The group designs, fabricates, installs and maintains anti-ricochet ballistic protection systems for firearm shooting ranges and tactical training mock-ups. Its clients include law enforcement, military and security agencies as well as civil authorities in Southeast Asia and the Middle East. The group also designs, fabricates and installs ballistic protection and security systems in various facilities, including high-security detention facilities, and provides structural and architectural steel fabrication services.

Edward Lim Chin Wah, Chairman and Executive Director of Starburst, said: "Starburst, an engineering specialist in a niche industry, envisions creating a safer environment for firearms training. This IPO marks a special significant milestone for the Group. With our raised profile and visibility amongst investors and customers, who are mainly established and reputable industry players in their respective fields, we will be better placed to tap on the positive industry prospects in both Southeast Asia and the Middle East for firearms-training facilities."

Lawrence Wong, Head of Listings at SGX, said: "We are pleased to welcome Starburst Holdings Limited, another home-grown company, to Catalist. Starburst has an established track record in providing integrated firearms-training solutions and we look forward to them leveraging on Catalist to further strengthen their business in Southeast Asia and Middle East."

The listing of Starburst Holdings brings the total number of companies on Catalist to 144 with a combined market capitalisation of $10.5 billion.

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