Photo: OTS Holdings
OTS Holdings, a brand builder and food manufacturing group in Singapore, plans to list on the Catalist board of the Singapore Exchange (SGX).
The company, which has a strong niche in ready-to-eat and ready-to-cook meat products, has filed its preliminary prospectus with the Monetary Authority of Singapore (MAS) on May 20.
Its flagship heritage brand Golden Bridge and Kelly’s have become established household names in its key markets of Singapore and Malaysia.
SEE:Golden Bridge strikes back
OTS Holdings was established in 1993, and now has an “established track record” of over 27 years in the industry.
“We believe we are one of the largest meat product manufacturing companies in Singapore with the capability to manage and process as many as four product categories – chilled, frozen, dried and shelf-stable ready-to-eat and ready-to-cook meat products – within one single facility,” says the company via a press release on May 20.
The group reported profit of $2.9 million and revenue of $21.1 million for the 1HFY2021.
In the FY2020, the group saw profit of $3.6 million and revenue of $34.5 million.