Khong Guan Boosts Stake in SGProtein Amid Growth Plans
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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.
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