Alternative Energy Corporation Limited (AEC) notified its readiness to be listed on Singapore Exchange for funding opportunity and growing clean energy business

          Alternative Energy Corporation Limited or AEC, an expert in clean energy, has announced its readiness for a company soon to be listed on Singapore Exchange Limited or SGX. Recently, the company held a signing ceremony to nominate a full sponsor, financial advisor, and IPO underwriter which is UOB Kay Hian Singapore . A ceremony was joined by Mr. Hock Chai Ding, Senior Director and Head of Corporate Finance, a representative from UOB Kay Hian Singapore which is their full Sponsor, underwriter and advisor; Mr. David Gibson Moore, Chairman, a representative from Winton Associates Ltd. (U.K.), a company's co advisor; and Dr. Worawuth Kongsilp, a partner from Winton Associates Ltd.(U.K.). There were also representatives from SGX attending to witness the signing ceremony, at InterContinental Hotel, Bangkok.
          Dr. Jitraporn Techacharn, Chief Executive Officer, Alternative Energy Corporation Limited (AEC) disclosed that being listed on Singapore Exchange will create a significant opportunity for a company funding and for finding business partners in an international level. We are a holding company managing extensive clean energies including energy from community waste, hydro energy from dam, and solar energy, etc. According to Power Development Plan 2018, the Ministry of Energy set targets for renewable energy constituting approximately 20% of Thailand's installed capacity especially for energy from community waste. Apart from being clean energy, using community waste to generate energy will also help improve environment as well as enhancing a quality of life of Thai people. As a result, the company is expecting to expand waste power plants by building 4 or 5 more plants in the near future. That is why we are looking for funding and seeking for business partners in an international level.
          Singapore is considered to be one of the world's financial and investment centres for a long time. It has allowed the highest number of foreign companies at over 40% to be listed on stock exchange. The crucial purpose of Alternative Energy Corporation Limited (AEC) to be listed on Singapore Exchange is to seek for an alternative way to earn more money at an international level in accordance with a current direction of the global financial system which in return will facilitate the company to receive more funding from both global individual and institutional investors which will also benefit the company's business expansion.
          "Singapore Exchange or SGX is one of the best international investment holding companies in Asia and is the Asian Gateway, connecting investors in search of Asian growth to corporate issuers in search of global capital. SGX has financial strength and efficient operation attracting investors all over the globe. Not all companies or investors are selected and listed on SGX as it uses a sponsor system on catalist to determine a prospective company's suitability. Therefore, to be able to be listed on SGX, Alternative Energy Corporation (AEC) had to compete with competitors around the world. We can say that this is one of our company's spectacular milestones for us to be selected and listed as a full sponsor, authorized by UOB Kay Hian, Singapore, one of Asia's largest brokerage firms and the third largest bank in South East Asia by total assets. UOB Kay Hian has provided us with assistance and advisory services. Besides, many financial experts have already checked and affirmed that our company meets the eligibility criteria and we are fully qualified to be listed on SGX, a company that operates the largest stock market exchange in Southeast Asia and is the strongest in energy sector."
          Alternative Energy Corporation (AEC) has a future operation plan to make an investment in a renewable power plant such as 50-megawatt hydroelectric power plant in neighbouring countries which are grouped in CLMV such as in the Lao People's Democratic Republic. To be listed on Singapore Exchange Limited is not only paving the way to international funding opportunity that will help support the company's expansion plan but also will create stability of the company's investment plan and build trust with all parties concerned including all business partners around the world according to a company's aim to become the leading clean energy company that is recognized globally.