Five companies that recently transitioned from Singapore's Catalist board to the mainboard registered a total medial annualized return of 9.4% over five years, according to a report by the Singapore Business Review on Monday, citing a research note by the SGXGroup.
According to the report, LHN (SGX:41O) led the way with a 41% return while Grand Venture Technology (SGX:JLB) booked a 28% annualized return.
Meanwhile, Rex International's (SGX:5WH) return declined 4% while being among the 50 most traded stocks by turnover during January, the report added.
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