IPO Watch: Main Market-bound Hock Soon Capital sees earnings resilience despite removal of egg subsidy - News Summed Up

IPO Watch: Main Market-bound Hock Soon Capital sees earnings resilience despite removal of egg subsidy


Perak-based poultry firm Hock Soon Capital Bhd (KL:HOCKSOON) remains optimistic about its business outlook, viewing its upcoming listing as a timely move to support expansion plans. Founded in 1979, Hock Soon traces its roots to the late Ong Kim Hock, father of Boon Leng, and Ong Boon Sing, Boon Leng’s brother. The new facility, with a total estimated cost of RM90 million, will nearly double the group’s total daily production capacity to 3.16 million eggs from its current 1.63 million eggs. Of the 439.12 million eggs sold in FY2025, 98%, or 430.46 million, were ordinary eggs, with the remainder comprising premium eggs. In Malaysia, Hock Soon captured a market share of 2.61% in 2024, based on an annual production volume of 401.82 million eggs.


Source: The Edge Markets February 16, 2026 06:32 UTC



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