JUSTCO ADDED TO MSCI GLOBAL MICRO CAP INDEXES – SINGAPORE INDEX; INCLUSION TAKES EFFECT LESS THAN THREE MONTHS AFTER SGX LISTING

SINGAPORE, 18 August 2026 – JustCo Holdings Limited (“JustCo” or the “Company”, and together with its subsidiaries, the “Group”), a leading Singapore-grown flexible workspace operator with an extensive Asia Pacific network, today announced that it will be included as a constituent of the MSCI Global Micro Cap Indexes – Singapore Index. The inclusion was announced by MSCI Inc. as part of its August 2026 index review and will take effect as of the close of 31 August 2026. 

JustCo’s inclusion comes less than three months after the Company listed on the Mainboard of the Singapore Exchange Securities Trading Limited (“SGX-ST”) on 22 May 2026. This milestone is expected to raise the Company’s visibility among the global investment community and underscores its growing profile as a newly listed company.

Mr Kong Wan Sing, Executive Chairman and Chief Executive Officer of JustCo, said: “MSCI’s index inclusion screens look closely at scale, free float and liquidity, so clearing that bar within three months of listing provides a meaningful indication about how the market is engaging with JustCo’s shares. It puts us in front of a broader base of investors tracking Singapore equities at an early stage of our journey as a listed company. We see it as one more marker of the credibility we are building with investors, alongside the growth of our business.”

Building Scale with Stronger Fundamentals

Since its listing, JustCo has continued to make progress on its growth strategy while strengthening its operating and financial performance.

For the six months ended 30 June 2026 (“1H2026”), the Group delivered 24% year-on-year revenue growth to US$80.8 million, while Cash EBITDA rose 147% to US$10.6 million and Cash EBITDA margin expanded to 13.1% from 6.6% a year earlier. The Group maintained a strong balance sheet, with US$169.4 million in cash and no bank debt as at 30 June 2026. The Board also announced a dividend policy to distribute 50% of NPAT from FY2027, barring unforeseen circumstances.

In addition, JustCo continued to expand its Asia Pacific network with 57 operational centres and 37,350 workstations as at 30 June 2026. A further 21 centres are in its committed pipeline, putting the Group on track towards a network of 78 centres. The pipeline includes JustCo Place at 160 Orchard Road, which expands JustCo’s platform beyond flexible workspace into an integrated coworking and coliving offering. The project will be operated under a management contract, with Deloitte Singapore as the anchor customer for the coworking space.

About JustCo Holdings Limited (“JustCo”)

JustCo is a platform building the future of work across Asia Pacific. Our vision is to be the global benchmark for flexible workspace by creating connected ecosystems where people, businesses and communities can thrive.

Through our portfolio of brands, including The Collective, JustCo and the boring office, we support organisations of all sizes, from startups and SMEs to multinational corporations, with flexible workspace solutions across multiple cities and markets.

Beyond workspace, JustCo helps businesses scale faster through flexibility, operational simplicity and access to a regional network. For landlords, we transform buildings into vibrant business destinations that attract demand, enhance asset performance and create long-term value.

Together with our members, partners and landlords, we are building an ecosystem that connects work, business, learning, wellness and community, enabling people and organisations to grow and succeed.

For more information, visit: justcoglobal.com 

This media release is issued on behalf of JustCo by CDR.

For media queries, please contact: 

CDR 
E-Mail: JustCo@cdrconsultancy.com 
Tel: +65 6534 5122 (Office Hours)

Important Notice: This news release contains forward-looking statements, including statements regarding expected opening dates and anticipated business performance. These statements are based on current expectations and assumptions and are subject to risks and uncertainties, including market demand for coworking and coliving space, and general economic conditions across the Group’s operating markets. Actual results may differ materially. The Company undertakes no obligation to update these statements except as required under the SGX-ST Listing Manual.