---
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.

### Don't Miss Our New Year's Offers:

-   Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
-   Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter

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.

## Trending Articles:

-   Netflix (NASDAQ:NFLX) Lands Huge Win With “Squid Game 2”
-   Ford (NYSE:F) Lands New Patent for “Steer-by-Wire” System
-   Intel (NASDAQ:INTC) Looking Into Battlemage Followup

### Related Stocks

- [K03.SG](https://longbridge.com/en/quote/K03.SG.md)

## Related News & Research

- [Nio to showcase ES9 chassis capabilities via live broadcast ahead of Q1 earnings release](https://longbridge.com/en/news/287022748.md)
- [INSTANT VIEW-SpaceX files long awaited IPO, creating a fresh AI play](https://longbridge.com/en/news/287124128.md)
- [Why Is Oklo Stock Surging On Wednesday?](https://longbridge.com/en/news/287096677.md)
- [Micron's stock gets a boost. Are Samsung's problems helping?](https://longbridge.com/en/news/287092903.md)
- [Go Big or Go Home? Top Investor Weighs In On Cerebras Systems Stock](https://longbridge.com/en/news/287032625.md)