{"id":12239,"date":"2022-09-29T18:09:00","date_gmt":"2022-09-29T18:09:00","guid":{"rendered":"https:\/\/www.prnasia.com\/story\/archive\/3888195_AE88195_0"},"modified":"2022-09-29T18:09:00","modified_gmt":"2022-09-29T18:09:00","slug":"crigen-resources-debut-on-nsx","status":"publish","type":"post","link":"https:\/\/transmediavictoria.net.au\/?p=12239","title":{"rendered":"Crigen Resources debut on NSX"},"content":{"rendered":"<p><span class=\"legendSpanClass\"><span class=\"xn-location\">SYDNEY<\/span><\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Sept. 29, 2022<\/span><\/span> \/PRNewswire\/ &#8212; Crigen Resources Limited (&#8216;Crigen&#8217;) is pleased to announce that the Company&#8217;s shares have been approved for listing on the National Stock Exchange of <span class=\"xn-location\">Australia<\/span> (NSX:CRG). Trading commenced on Wednesday, <span class=\"xn-chron\">21 September 2022<\/span>.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\" readability=\"8\">\n<p> <a href=\"https:\/\/mma.prnasia.com\/media2\/1910944\/DS_NSX_Grp_Photo.html\" target=\"_blank\" rel=\"nofollow noopener\"> <img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/1910944\/DS_NSX_Grp_Photo.jpg?p=medium600\" title=\"Crigen Resources Limited has been approved for listing on the National Stock Exchange of Australia (NSX:CRG)\" alt=\"Crigen Resources Limited has been approved for listing on the National Stock Exchange of Australia (NSX:CRG)\"> <\/a> <br \/><span>Crigen Resources Limited has been approved for listing on the National Stock Exchange of Australia (NSX:CRG)<\/span><\/p>\n<\/p><\/div>\n<p>&#8220;The listing of our stock on the NSX represents a significant milestone in our growth as a publicly-traded company,&#8221; said <span class=\"xn-person\">Cynthia Tong Mee Li<\/span>, Managing Director of Crigen. &#8220;We believe this listing in <span class=\"xn-location\">Australia<\/span> will increase the visibility of our trading brand Danai Medi-Wellness (&#8220;Danai&#8221;) in the Australian marketplace, improve liquidity, broaden and diversify our shareholder base, and ultimately enhance long-term shareholder value. I would like to thank the employees, directors and shareholders of Crigen for their support during this process. I would also like to thank our advisors, <span class=\"xn-person\">Domenic Martino<\/span> of Indian Ocean Capital, <span class=\"xn-person\">Tamsin Johnston<\/span> of Australian Presence Legal for their hard work in making CRG a member of the NSX, and Maxshangkar from MCM Holdings Ltd. for being our Project Management Company and early investors of Crigen&#8221;.<\/p>\n<p>Over the past 19 years, Danai has maintained its market-leading position in <span class=\"xn-location\">Malaysia<\/span> by being at the forefront of technological advancements in healthcare, adopting technologically advanced treatments, for example, stem cell therapy, Enhanced Counter Pulsation (ECP), Cryotherapy and 3D Biomechanical assessments services.<\/p>\n<p>In line with Crigen&#8217;s plans to expand the Danai brand overseas, it was deemed appropriate that it pursue a listing on the NSX, <span class=\"xn-location\">Australia&#8217;s<\/span> second largest listing exchange. Crigen&#8217;s Board of Directors comprises of three Malaysian Nationals, <span class=\"xn-person\">Cynthia Tong<\/span>, <span class=\"xn-person\">Dennis Tan<\/span> and <span class=\"xn-person\">Chris Daniel Wong<\/span>, and two Australian nationals, <span class=\"xn-person\">Graham Steer<\/span> and <span class=\"xn-person\">Shanil Nanayakkara<\/span>. The Board was impressed with NSX&#8217;s presentation as offering <span class=\"xn-location\">Australia&#8217;s<\/span> widest and most flexible range of listing options as well as its simpler rules, and faster listing processes whilst still providing access to both Australian and global capital markets and the advantage of an enhanced profile.<\/p>\n<p>By listing in <span class=\"xn-location\">Australia<\/span>, we aim to broaden our shareholder base, and increase the image and recognition of Danai Medi-Wellness. Given <span class=\"xn-location\">Australia&#8217;s<\/span> strong regulatory environment, we hope to improve transparency and increase confidence in our business model and expansion strategy.<\/p>\n<p><span id=\"spanHghltdca4\">For Further Information please refer to information available on the Danai Medi-Wellness website: <a href=\"https:\/\/investor.danaiwellness.com\/\" target=\"_blank\" rel=\"nofollow noopener\">https:\/\/investor.danaiwellness.com\/<\/a>.<\/span><\/p>\n<p><b><span id=\"spanHghlt64e3\">Cautionary Note Regarding Forward-Looking Statements<\/span><\/b><\/p>\n<p>This Press Release contains forward-looking statements concerning Crigen Resources Limited (&#8216;the Company&#8217;), the Company&#8217;s business, operations, financial performance and condition as well as the Company&#8217;s plans, objectives and expectations for its business, operations and financial performance and condition. Any statements contained in this Information Memorandum that are not of historical facts may be deemed to be forward-looking statements. You can identify these statements by words such as &#8220;aim&#8221;, &#8220;anticipate&#8221;, &#8220;assume&#8221;, &#8220;believe&#8221;, &#8220;could&#8221;, &#8220;due&#8221;, &#8220;estimate&#8221;, &#8220;expect&#8221;, &#8220;goal&#8221;, &#8220;intend&#8221;, &#8220;may&#8221;, &#8220;objective&#8221;, &#8220;plan&#8221;, &#8220;predict&#8221;, &#8220;potential&#8221;, &#8220;positioned&#8221;, &#8220;should&#8221;, &#8220;target&#8221;, &#8220;will&#8221;, &#8220;would&#8221; and other similar expressions that are predictions of or indicate future events and future trends.<\/p>\n<p>These forward-looking statements are based on current expectations, estimates and projections about the Company&#8217;s business and the industry in which the Company operates and management&#8217;s beliefs and assumptions.<\/p>\n<p>These forward-looking statements are not guarantees of future performance or development and involve known and unknown risks, uncertainties and other factors that are in some cases beyond the Company&#8217;s control. As a result, any or all of the Company&#8217;s forward-looking statements may turn out to be inaccurate. Factors that may cause such differences include, but are not limited to, the risks described in the Section of the Company&#8217;s Information Memorandum under the heading &#8220;Risk factors.&#8221;.<\/p>\n<p>Investors are urged to consider these factors carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on the forward-looking statements. Investors should, however, review the factors and risks the Company describes in the reports to be filed from time to time with the NSX.<\/p>\n<p>Neither the NSX nor the Australian Securities and Investments Commission has reviewed, approved or disapproved the content of this press release.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SYDNEY, Sept. 29, 2022 \/PRNewswire\/ &#8212; Crigen Resources Limited (&#8216;Crigen&#8217;) is pleased to announce that the Company&#8217;s shares have been approved for listing on the National Stock Exchange of Australia (NSX:CRG). Trading commenced on Wednesday, 21 September 2022. Crigen Resources Limited has been approved for listing on the National Stock Exchange of Australia (NSX:CRG) &#8220;The [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":12240,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-12239","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Crigen Resources debut on NSX - My Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/transmediavictoria.net.au\/?p=12239\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Crigen Resources debut on NSX - My Blog\" \/>\n<meta property=\"og:description\" content=\"SYDNEY, Sept. 29, 2022 \/PRNewswire\/ &#8212; Crigen Resources Limited (&#8216;Crigen&#8217;) is pleased to announce that the Company&#8217;s shares have been approved for listing on the National Stock Exchange of Australia (NSX:CRG). 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