‘Three months to decide, three years to list’: Singapore noodlemaker Leong Guan eyes growth after IPO
The company is aiming for new acquisitions and export markets among its post-listing goals
[SINGAPORE] When Lim Tze Chiang first considered the possibility of taking Leong Guan public in 2022, he had not fully imagined the long road that lay ahead for the local noodlemaker before its initial public offering.
“The decision to list took about three months,” said Lim. “But the listing process itself took roughly three years.”
With more than two decades since its founding and incomplete historical records, finding the relevant documentation proved challenging for the company.
TRENDING NOW
Buyer for England striker Harry Kane’s former mansion must pay £3.4 million after abandoning deal
Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan
Asean must retain more value as its digital economy races towards US$2 trillion: Indonesian minister
Singapore releases Economic Strategy Review Final Report with more detailed proposals