China Essence Group has debuted today (13 January) on the Singapore Exchange.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


The company, an integrated potato-processing producer, is principally engaged in the processing of potato and the production, supply and sale of potato starch and potato starch-based products, including modified starch, vermicelli, starch strips and five-grain noodles.


The company said that the initial public offering of 96m shares sold at SGD0.45 (US$0.276) was five times oversubscribed. Some 93m shared were placed and the remaining 3m were sold to the public.


Proceeds from the offering of 48m new shares will be invested in the company’s production facilities, boosting output capacity.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now