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GS shifting from chicken rice to craft beer, market watching the recipe. Next if earnings turn, can trade again.
Ligaya ( Date: 12-Nov-2025 00:08) Posted:
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GS Holdings exit legacy business proposes name change to Octopus (APAC) Holdings
GS Holdings (SGX:43A) announced that it has entered into a conditional share sale and purchase agreement to sell all its shares in its wholly owned subsidiary Hawkerway to Wei Global for a net cash consideration of $650,000.
Hawkerway is the holding company of Hao Kou Wei, Rasa Sayang Village, Sing Swee Kee, Hao Kou Wei Food Group, and Raffles Coffee.
Hawkerway and these subsidiaries operate various food courts, food centres and is involved in developing and managing new and existing food and beverage brands, concepts and franchise.
Upon completion of the disposal, GS Holdings will focus on the F& B distribution business currently undertaken by Octopus Distribution Networks (ODN) that was acquired back in May 2025.
Concurrently, GS Holdings is proposing to change its name to &ldquo Octopus (APAC) Holdings&rdquo , to better reflect the profile and business activities going forward.
&ldquo With a growing portfolio of premium global brands and a clear focus on execution, we are well positioned to create long-term value by connecting brand owners to high-quality routes-to-market across Singapore and beyond,&rdquo says Paul Hopkins, CEO of GS Holdings.
Assuming the disposal was completed on Jan 1, 2024, pro forma loss attributable to shareholders for FY2024 would have been reduced from $2.4 million to $0.7 million.
Accordingly, the pro forma loss per share would have been reduced from 0.66 cents to 0.19 cents.
Both the disposal and proposed name change will be subject to approval by shareholders at an extraordinary general meeting to be convened.
Shares in GS Holdings closed 0.2 cent higher or 3.12% up at 6.6 cents on Feb 4.
GS Holdings (SGX:43A) announced that it has entered into a conditional share sale and purchase agreement to sell all its shares in its wholly owned subsidiary Hawkerway to Wei Global for a net cash consideration of $650,000.
Hawkerway is the holding company of Hao Kou Wei, Rasa Sayang Village, Sing Swee Kee, Hao Kou Wei Food Group, and Raffles Coffee.
Hawkerway and these subsidiaries operate various food courts, food centres and is involved in developing and managing new and existing food and beverage brands, concepts and franchise.
Upon completion of the disposal, GS Holdings will focus on the F& B distribution business currently undertaken by Octopus Distribution Networks (ODN) that was acquired back in May 2025.
Concurrently, GS Holdings is proposing to change its name to &ldquo Octopus (APAC) Holdings&rdquo , to better reflect the profile and business activities going forward.
&ldquo With a growing portfolio of premium global brands and a clear focus on execution, we are well positioned to create long-term value by connecting brand owners to high-quality routes-to-market across Singapore and beyond,&rdquo says Paul Hopkins, CEO of GS Holdings.
Assuming the disposal was completed on Jan 1, 2024, pro forma loss attributable to shareholders for FY2024 would have been reduced from $2.4 million to $0.7 million.
Accordingly, the pro forma loss per share would have been reduced from 0.66 cents to 0.19 cents.
Both the disposal and proposed name change will be subject to approval by shareholders at an extraordinary general meeting to be convened.
Shares in GS Holdings closed 0.2 cent higher or 3.12% up at 6.6 cents on Feb 4.
small bites collecting at 61, looking to break into 66 any moment
consolidation and await rotation play, dont play to short.
Gs holding player coming Again
Gss next one?
GS holds the beer brands including Tsingtao, Carlsberg, San Miguel, Paulaner as well as local brands Lion Brewery and craft beer Trouble Brewing majority market is SG.
https://www.cnbc.com/2026/01/20/trump-threatens-200percent-tariff-on-french-wines-and-champagnes-.html
short covering this afternoon, fund inflow are picking this up as business improving.
Pump full full and dump?
did notice price and vol. increased since friday , let see if this can add a few more pips tomorrow
GS Holdings unit Octopus secures exclusive modern off-trade Tsingtao distributorship
Octopus to exclusively import, market and distribute Tsingtao products for the modern off-trade channel, covering all major supermarket chains and retailers in Singapore.
https://links.sgx.com/1.0.0/corporate-announcements/RJDIJC68QI1PK5SM/872393_GSH%20-%20Press%20Release%20Tsingtao%20Distribution.pdf
GS Holdings unit Octopus secures exclusive modern off-trade Tsingtao distributorship
Octopus to exclusively import, market and distribute Tsingtao products for the modern off-trade channel, covering all major supermarket chains and retailers in Singapore.
https://links.sgx.com/1.0.0/corporate-announcements/RJDIJC68QI1PK5SM/872393_GSH%20-%20Press%20Release%20Tsingtao%20Distribution.pdf
New CEO+Beer Power = Huat
Good news maybe
After Beer power now is Gin and Tonic power. If can maintain 5 series and trade for 6. https://www.theedgesingapore.com/news/company-news/gs-holdings-expands-alcohol-distribution-network-152-million-acquisition-dyspatchr
Octopus + Beer power + new CEO
Already reported before the company anticipates a significant increase in revenue for FY2025, supported by the maiden contribution from ODN.
Target 0.06 in anticipation
Already reported before the company anticipates a significant increase in revenue for FY2025, supported by the maiden contribution from ODN.
Target 0.06 in anticipation
Target 0.05
Corona, Budweiser get new drinking buddy in SGX-listed GS Holdings
AB InBev&rsquo s Corona and Budweiser rank first and second in Most Valuable Global Brands report Singapore beer market hit US$9.3 billion in 2024
[SINGAPORE] Corona and Budweiser beers will be exclusively distributed by GS Holdings&rsquo : 43A +15.79%wholly owned subsidiary Octopus Distribution Networks (ODN) in Singapore, except in the duty free market.
GS Holdings on Monday (Sep 8) said that ODN had signed a deal to buy LHA Food & Beverages&rsquo distribution business for about S$3 million cash. ODN will also acquire the rights to distribute 11 Degree Premium Yanjing Beer in Singapore and the trademarks of Rö ssl Bier and Como Bere.
The S$3 million figure comprises a book value of S$1.47 million of inventories and S$1.55 million for the rest of the distribution business. LHA will also transfer existing customers, relevant contracts, licences and permits to ODN.
The proposed transaction follows the acquisition of ODN by GS Holdings for S$11.8 million in May.
GS executive director and acting chief executive officer Loo Hee Guan, said: &ldquo We will continue to explore and evaluate other value accretive business opportunities with an eye towards consolidating our distribution footprint in the Singapore market as well as regional expansion opportunities.&rdquo
AB InBev&rsquo s Corona and Budweiser brands were the first and second ranked beer brands in Kantar&rsquo s BrandZ 2025 Most Valuable Global Brands report.
The Singapore beer market is set to grow from US$9.3 billion in 2024 to US$11.5 billion at a compound annual growth rate of about 3.6 per cent through 2030, a TechSci Research report indicated.
Additionally, a Singapore Beer Industry Association 2024 white paper said the beer industry generates an annual direct economic impact of more than S$1.5 billion. It estimated that 140 million litres of beer is set to be sold by the end of 2025, up from 134 million in 2022.
The larger Asian beer market is forecast to be about US$241 billion in 2025, said research firm Mordor Intelligence, and is set to grow to US$311 billion by 2030. Increasing disposable incomes, the recovery of the tourism industry, and the wider availability of premium, craft, and low-alcohol beer options are set to drive that growth.
Still, broader challenges in the food and beverage (F& B) sector in Singapore remain. The number of F& B business closures in 2024 hit a 20-year high. There were 913 closures as at May 2025, compared with 1,348 as at May 2024. Holland Village&rsquo s Wala Wala Cafe also nearly closed this year, but reversed its plans.
Gen Z consumers in the Republic are also turning to sober clubbing, sipping on coffee instead of alcohol. That is part of a larger reduction in alcohol consumption here, which follows a global trend identified by the World Health Organization in 2024.
GS Holdings acquires rights to distribute Corona and Budweiser through subsidiary Octopus Distribution Network
GS Holdings&rsquo wholly-owned subsidiary Octopus Distribution Networks (ODN) acquired the rights to five beer brands and their customers for about $3 million.
GS Holdings acquired ODN for $11.8 million last October, as part of the group&rsquo s efforts to expand its business beyond F& B operations, to distributions.
ODN entered an agreement with LHA Food & Beverages on Sept 8, for the acquisition of LHA&rsquo s distribution business. Under this, ODN has exclusive distribution rights for Corona and Budweiser beers in Singapore, excluding the duty free market.
ODN will also be acquiring the rights to distribute 11 Degree Premium Yanjing Beer in Singapore, as well as the trademarks of RÖ SSL BIER and COMO BERE beers.
As part of the transaction, ODN will acquire the existing customers, relevant databases and contracts, all licenses and permits, all inventories, relevant property, plant and equipment, all relevant intellectual properties and agreed employees of LHA&rsquo s distribution business.
This is for cash consideration comprising the value of inventories as at completion date and $1.55 million for the rest of the distribution business.
Based on the value of $1.47 million for the book value of inventories as at June 30, and the amount of $1.55 million, the aggregate consideration is estimated to be approximately S$3.02 million.
Ya, may be squeezing Again
38-40 no more chance
Wait for more news from ZTS
Dont surprise close at 40
Ya,short finish
Now is right left