Khong Guan (SGX:K03) has invested SG$900,000 in SGProtein as part of its series A fundraising, increasing its shareholding to 804,013 shares but diluting its equity stake to 22.5%, according to a Tuesday filing on the Singapore Exchange.
Despite SGProtein's negative net asset value of SG$1.7 million, Khong Guan remains confident in its potential for growth in the plant-based protein market.
The investment, funded internally, will not significantly impact the group's FY25 financials.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。