Swang Chai Chuan LtdHKG 2321 Stock Report

Swang Chai Chuan Ltd. is an investment holding company, which engages in the distribution of food and beverages (F&B) and the provision of logistics and warehousing services. The company is headquartered in Kuantan, Pahang and currently employs 764 full-time employees. The company went IPO on 2022-08-19. The firm is a distributor of food and beverage (F&B) products and other products for international and domestic third-party brands. The firm operates through two segments: Distribution, and Logistics and other services. The Distribution segment can be further categorized into two sub-segments of Third-Party Brands and Own Products. Its Own Products brands include CED, Mega Fresh, Mega Food, Sayangku, and Snowcat. Logistics and other services segment offer integrated F&B supply chain solutions, it offers logistics warehousing services for its customers and suppliers. The company also provides marketing and sales support services with knowledge and market insights to increase sales in existing markets and margins or launch into new markets. The firm's subsidiaries include comprised SCC Holdings, SCC Holding Malaysia, SCC HK, SCCSB, SCC Seafood, SCCM Pahang, SCCM East Coast, SCCM, Chop Chin Huat, and SCC Logistics.