PC Partner Targets Singapore for Expansion: New HQ and Secondary Listing in Strategy to Capture Southeast Asia Market

Hong Kong-based electronics company, PC Partner, is looking to establish a new base and a supplementary listing in Singapore. These moves are part of PC Partner's strategy to expand its presence in Southeast Asia.

The Singapore listing offers a way to establish a strategic foothold in Southeast Asia, which the firm, PC Partner, is confident will enable it to seize business prospects in these regions more efficiently. The board of directors, therefore, believes that the listing aligns with the interests of the company and all its shareholders.

Shares of PC Partner saw a slight decrease of 0.9 per cent, landing at HK$4.47 in Hong Kong's market on Friday. Despite the drop, the company's stock has impressively surged by 42 per cent this year, significantly outdoing the Hang Seng Index, which only managed a modest increase of 5.5 per cent during the same timeframe.

Following its additional listing in Singapore, PC Partner has expressed intentions to eventually make it a main listing. The company noted in their statement that this action would result in the removal of its listing status in Hong Kong.