logo-loader
Tech
viewGolden Saint Technologies Ltd

Golden Saint Technologies begins first day of trading in London

The firm, which provides services to help businesses construct data centres for the Internet of Things (IoT), has admitted its entire share capital of around 995mln shares

Data centre
The company acquired IT firm EMS Wiring Systems earlier this year

Golden Saint Technologies Limited (LON:GST) began its first day of trading on the main board of the London Stock Exchange following an initial public offering.

The firm, which provides services to help businesses construct data centres for the Internet of Things (IoT), has admitted its entire share capital of around 995mln shares, as well as announcing the successful placing of 121mln new ordinary shares.

WATCH: Golden Saint's listing is 'golden passport' to credibility

Tone Goh, executive chairman of Golden Saint, said the firm was focused on further developing its ICT business in Indian in the short term and South East Asia in the medium term.

The company, originally a mining company known as Golden Saint Resources, changed its business area earlier this year after a strategic acquisition of IT firm EMS Wiring Systems.

In mid-morning trading Thursday, Golden Saint shares were trading at around 0.8p.

Quick facts: Golden Saint Technologies Ltd

Price: 0.11 GBX

LSE:GST
Market: LSE
Market Cap: £1.1 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Golden Saint Technologies Ltd named herein, including the promotion by the Company of Golden Saint Technologies Ltd in any Content on the Site,...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Golden Saint Resources Ltd soon to begin gravel extraction and washing in...

Golden Saint Resources (LON:GSR) CEO Keng Seah updates Proactive on two of the company's licences in Sierra Leone. He said the work on building the vehicular road access to Baja Site 2 has been completed. ''That project has been completed and we're happy with what we saw and now that...

on 11/01/2016

2 min read