Toku, a Singapore-incorporated AI-powered customer experience (CX) platform, today announced the successful close of its initial public offering. The Company will be listed on the Catalist Board of the Singapore Exchange Securities Trading Limited following the completion of the offering, marking the first IPO of 2026 for the exchange.
You may refer to the ballot results below:
Sharing the key highlights from the press release, as well as a quote from Thomas Laboulle, Founder and CEO, Toku.
Toku, the Singapore-incorporated AI-powered customer experience (CX) platform secures full subscription on SGX Catalist, raising S$16.25 million at S$0.25 per Invitation Share.
The Public Offer attracted strong interest and was 31.9 times subscribed, from 1,115 valid applications for 63,888,300 Public Offer Shares, with 2,000,000 Public Offer Shares available for subscription.
Top-tier institutional investors including Lion Global Investors Limited (as investment manager for and on behalf of its clients), Amova Asset Management Asia Limited, Asdew Acquisitions Pte Ltd and Ginko-AGT Global Growth Fund, participated in the offering, validating Toku's AI-powered enterprise CX strategy and growth trajectory.
Trading of the Shares will commence on a "ready" basis at 9:00 am SGT on 22 January 2026, under the ticker symbol TKU.
Based on the Invitation Price and the post-Invitation share capital of the Company of 570,241,255 Shares, the Company's post-IPO market capitalisation is S$142.56 million.
"This IPO reflects the confidence investors have in our vision to reimagine customer experience for enterprises," said Thomas Laboulle, Founder and CEO of Toku. "With the capital raised, we will scale our platform globally, deepen our AI capabilities, and grow through strategic partnerships and acquisitions. We have always thrived where complexity is greatest, and this listing allows us to bring that strength to more businesses worldwide."
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