---
title: "Khong Guan Boosts Stake in SGProtein Amid Growth Plans"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/223658601.md"
description: "Khong Guan Limited (SG:K03) has increased its stake in SGProtein Pte Ltd by investing S$900,000 in its Series A funding round. Despite this investment, Khong Guan's equity interest in SGProtein will decrease to 22.5% due to the enlarged share capital. This decision reflects Khong Guan's confidence in SGProtein's innovative potential in the plant-based protein sector."
datetime: "2024-12-31T09:42:51.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/223658601.md)
  - [en](https://longbridge.com/en/news/223658601.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/223658601.md)
---

# Khong Guan Boosts Stake in SGProtein Amid Growth Plans

Khong Guan Limited (**SG:K03**) has released an update.

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Khong Guan Limited has increased its investment in SGProtein Pte Ltd by participating in its Series A funding round, subscribing to additional shares worth S$900,000. Despite its increased shareholding, Khong Guan’s equity interest in SGProtein will decrease to 22.5% due to the enlarged share capital. This move underscores the company’s confidence in SGProtein’s innovative potential amid challenges in the plant-based protein sector.

For further insights into SG:K03 stock, check out TipRanks’ Stock Analysis page.

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