Hatten Land trading debut on Catalist

Hatten Land, a property developer with a niche focus in Malaysian state Malacca, opened its maiden day on Singapore’s Catalist at 29.5 Singapore cents on Tuesday.

At 12.22pm, the counter was up 1.5 Singapore cents or nearly 6 per cent at 28.5 Singapore cents after hitting an intraday high of 30 Singapore cents. It has turned up as the eight most actively traded stock with some 34 million shares worth nearly S$10 million done so far.

Hatten Land, the property development arm of Hatten Group, was co-founded by siblings Colin Tan, the firm’s chairman and managing director and Edwin Tan, its deputy managing director.

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