SINGAPORE (July 22): Crigen Resources Berhad has successfully listed on the 1exchange platform (1X), Singapore’s first regulated private securities exchange via a fully online campaign and listing process on Wednesday.

This is the private exchange’s first cross-border private direct listing, and some 28% of Crigen’s existing shares were listed at an aggregate value of $2 million.

Crigen is the operator of Malaysia-based wellness and aesthetics provider, Danai Spa. Founded in 2003, Danai Spa currently operates seven outlets across Malaysia, with plans to open a further five outlets in the two years.

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