Shares & Derivatives
OTS Holdings IPO: What Investors Should Know About This Food Manufacturer’s Listing
By Seedly  •  June 10, 2021
OTS Holdings, the owner of heritage brand “Golden Bridge”, is set to go public in the Singapore stock market. According to the company, one of its earliest hit products is the XO Special Lean Wax Sausages, and till today, it remains one of its iconic products. Source: OTS Holdings Apart from the Golden Bridge brand, the company owns five other brands under its umbrella. So with that, let’s find out more about OTS Holdings initial public offering (IPO) and its valuation. TL;DR: OTS Holdings IPO Deets Here are some key highlights about the OTS Holdings IPO:
  • OTS, which was founded in 1993, is a food manufacturing group that sells both non-halal and halal products under six house brands.
  • Its food products have been marketed and sold in more than 25 countries, including Brunei, Hong Kong, Myanmar, India and as far as the European Union.
  • Over the past three financial years, its revenue has grown at an annualised rate of 20%, while its net profit increased at a faster clip of 58% per year.
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By Seedly
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.
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