Leong Guan Holdings Limited, a prominent Singapore-based food manufacturing and distribution company, made a successful debut on the Catalist board of the Singapore Exchange Securities Trading Limited on 11 December 2025. The company’s shares closed at S$0.24, marking a 4.3% increase from its placement price of S$0.23, after reaching an intraday high of S$0.265.
The positive performance on its first trading day underscores investor confidence in Leong Guan’s business fundamentals and growth prospects. Executive Director and Chairman Lim Tze Chiang expressed gratitude to shareholders and partners, stating, “Our successful debut reflects the market’s recognition of the Group’s long-standing reputation for quality, consistency and innovation in Singapore’s food manufacturing industry.”
Leong Guan, known for its fresh noodle and soy bean-based beancurd products, plans to leverage its listing to enhance manufacturing capabilities and explore new opportunities. The company aims to distribute dividends of at least 80% of its net profit for FY2025 and 35% for FY2026.
The initial public offering, fully subscribed, involved the placement of 20,650,000 shares at S$0.23 each. Notable investors include Lim Hock Chee and Prima Portfolio Pte Ltd. The net proceeds of approximately $1.54m (S$2.1m) will be used for market expansion, facility enhancement, and strategic alliances.
With a market capitalisation of approximately $17.85m (S$24.3m), Leong Guan is poised to strengthen its market leadership and expand its regional footprint.
