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What smart money is saying about Sheng SiongSingapore flag

OV8.SI · Consumer Defensive · Grocery Stores · Market cap $3.74B

1 fund in our archive has pitched Sheng Siong — most recently AGT Partners in March 2026.

Company profile

Sheng Siong Group Ltd. operates primarily as an investment holding entity, though its core business revolves around an extensive network of supermarket retail outlets situated throughout Singapore. These stores are renowned for their diverse selection of consumer goods, offering everything from perishable items like fresh seafood, various meats, fruits, and vegetables, to fundamental pantry staples suchles as rice, noodles, cooking oils, and an array of spices. Their inventory also encompasses a broad range of packaged, processed, frozen, and preserved food products, alongside baby and personal hygiene essentials, a variety of beverages including alcoholic options, and general household necessities and toiletries. Beyond its retail operations, the company is involved in broader general trading activities and manages wholesale import and export ventures. Furthermore, Sheng Siong extends its market reach through its dedicated online grocery platform, allforyou.sg. The group boasts a substantial retail presence with 64 branded supermarkets across Singapore, complemented by four additional outlets in Kunming, China. Sheng Siong Group Ltd. was established in 1985 and maintains its corporate headquarters in Singapore.

2
Reported positions
1
Bought
0
Sold
3
Letters

Position history

Between Q1 2026 and Q2 2026, 2 fund letters reported a position in Sheng Siong1 opened or added to the position.

Fund letters reporting a position in Sheng Siong, by quarter
QuarterLettersBoughtSoldTheses
Q2 20262100
Q1 20260001

Fund activity · 2 positions · 1 move

  • HoldsAGT Partners Shareholder Letter
    June 2026
    We continue to own several such great companies in our portfolio (DBS, TSMC, Tencent, CNOOC, Sheng Siong, KKR, Apollo, Microsoft etc.) and have selectively added onto them in the past quarter.
    Read the letterSheng Siong
  • AddedAGT Partners Fund
    June 2026
    We continue to own several such great companies in our portfolio (DBS, TSMC, Tencent, CNOOC, Sheng Siong, KKR, Apollo, Microsoft etc.) and have selectively added onto them in the past quarter.
    Read the letterSheng Siong

Fund coverage · 1 thesis

  • AGT Partners
    March 2026

    Sheng Siong is a grocery retailer with strong margins and a widening moat from operational improvements.

    Read the full thesis

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