This week, two companies, Toku and The Assembly Place, became the first debuts to list on the Singapore Exchange (SGX) Catalist in 2026. The Catalist is a listing platform for dynamic, fast-growing enterprises. Unlike the SGX Mainboard, which is meant for established companies, there are no qualitative entry criteria for the SGX Catalist, and companies seeking a primary listing on the Catalist must be backed by Full Sponsors.
Over the past four months, there have been several debuts on the SGX Mainboard and SGX Catalist.
#1 Soon Hock Enterprise (SGX: SHE)
Soon Hock Enterprise is an established real estate developer, with a focus on property development and property investment in Singapore with expertise in industrial properties. Their management has deep experience in industrial properties here, with involvement in the launch of over 1,200 units of strata-titled industrial properties.
Soon Hock Enterprise also holds an industrial property at Jalan Papan for investment and recurring income, with the aim of providing a steady recurring revenue stream. This building at 8F Jalan Papan also serves as the Group’s headquarters.
Soon Hock Enterprise was listed on the SGX Mainboard on 16 October 2025, at $0.58 per share. At the point of listing, the Group had an estimated market capitalisation of $180.1 million. Today, the share price is $0.625 per share and the Group boasts a trailing twelve-month total revenue of $6.74 million.
#2 Coliwoo Holdings (SGX: W8W)
Coliwoo is one of the largest co-living accommodation operators in Singapore, with almost 3,000 co-living space across 25 properties. They specialise in acquiring unused or underutilised properties here and transforming them into modern co-living spaces. They are a spin-off of real estate management company LHN Limited (41O).
They simplify rental in Singapore by offering all-inclusive rental packages with fully furnished units, inclusive utilities, regular housekeeping, and dedicated customer support. Their properties are strategically located in prime and easily accessible neighbourhoods. This attracts professionals and international students who seek comfort and convenience.
Coliwoo Holdings was listed on the SGX Mainboard on 6 November 2025, at $0.60 per share. At the point of listing, the Group had an estimated market capitalisation of $288.5 million. Today, the share price is $0.615 per share and the Group boasts a trailing twelve-month total revenue of $46.73 million.
#3 Yangzijiang Maritime Development (SGX: 8YZ)
Yangzijiang Maritime is a spin-off of the maritime fund and related businesses of Yangzijiang Financial (YF8), itself a spin-off of Yangzijiang Shipbuilding, one of China’s largest private shipbuilders. Yangzijiang Maritime invests in maritime assets such as shipping vessels, and provides loans within the maritime sector, as well as ship agency and ship broking services.
Yangzijiang Maritime has a portfolio of 76 vessels spanning tankers, gas carriers, bulk carriers, container ships, and offshore support vessels, allowing the company to capture value across the entire maritime value chain.
It was listed on the SGX Mainboard on 18 November 2025, closing at $0.67 per share. At the point of listing, the Group had an estimated market capitalisation of $2 billion. Today, the share price is $0.605 per share and the Group boasts a trailing twelve-month total revenue of US$106.68 million.
#4 UltraGreen.ai (SGX: ULG)
UltraGreen.ai is a global leader in Fluorescence Guided Surgery (FGS). They are pioneers in vertical AI tools for precision surgery, using data-driven fluorescence imaging solutions. Their flagship Indocyanine Green (ICG) product is a fluorescence imaging system that equips surgeons with enhanced precision and real-time perfusion data.
ICG is the most widely used fluorescence agent due to its ability to enhance surgical workflows and improve outcomes, with broad clinical applications along with favourable safety profile and cost-effectiveness. UltraGreen has the largest market share in the global ICG industry in terms of both revenue and number of vials sold in the U.S., Europe and globally in 2024, according to independent market research by Frost & Sullivan.
UltraGreen was listed on the SGX Mainboard on 3 December 2025, at US$1.45 per share. At the point of listing, the Group had an estimated market capitalisation of US$1.6 billion. Today, the share price is US$1.68 per share and the Group boasts a trailing twelve-month total revenue of US$108.2 million.
#5 Toku (SGX: TKU)
Toku is a cloud communications provider powered by Artificial Intelligence (AI). They offer an integrated suite of services, from AI-powered contact centre solutions to customer experience (CX) solutions, transcribing services, and chat and voice agents using conversational AI technology.
Toku has deployed its platform across 34 countries. It serves multinational corporations across APAC, especially Singapore, Malaysia and Hong Kong, while expanding into emerging regions like Latin America.
Toku was listed on the SGX Catalist earlier this week on 22 January 2026, at $0.25 per share. At the point of listing, the Group had an estimated market capitalisation of $142.56 million. Today, the share price is $0.265 per share and the Group boasts a trailing twelve-month total revenue of US$31.79 million.
#6 The Assembly Place Holdings (SGX: TAP)
The Assembly Place Holdings is Singapore’s largest community living operator with 3,422 keys under management and operation across 100 property assets. They operate on an asset-light model with revenue largely driven by community-driven stays, operating and managing various residential properties. Their diversified property assets cater to customers ranging from young professionals, expatriates, school students, foreign healthcare professionals and seniors.
A small proportion of their revenue comes from two other business segments: property-related services, including project management for renovation and refurbishment works, and property investments, where they acquire minority ownership interest in companies that own property assets.
The Assembly Place was listed on the SGX Catalist earlier this week on 23 January 2026, at $0.23 per share. At the point of listing, the Group had an estimated market capitalisation of $88.1 million. Today, the share price is $0.29 per share and the Group boasts a trailing twelve-month total revenue of US$18.94 million.
