Leong Guan Holdings Limited Provides Update on Past Non-Compliances with Halal Certification Requirements

Date: 23 December 2025

Reporter: Financial News Desk

Key Points from the Company Announcement

• Disclosure of Past Non-Compliances: Leong Guan Holdings Limited (“Company”, together with its subsidiaries, the “Group”) has disclosed that, during the review period, its subsidiaries LG Bean Manufacturer Pte. Ltd. (“LG Bean”) and Leong Guan Food Manufacturer Pte. Ltd. (“LGFM”) experienced delays in renewing their Halal certificates. This resulted in products from both entities being sold with Halal logos during periods when certificate renewals were pending, which was not compliant with the Administration of Muslim Law Act 1966 (“AMLA”).
• Regulatory Response: Upon voluntary disclosure by the Group to Majlis Ugama Islam Singapura (“MUIS”) in November 2025, MUIS responded in December 2025, stating that they would not pursue enforcement action under Section 88A(5) of AMLA. This decision was based on the Group’s voluntary disclosure, absence of substantive Halal compliance issues, and the implementation of remedial measures by the Group.
• Conditions for Future Compliance: MUIS outlined several conditions for the Group going forward:
  • Strict adherence to Halal certificate validity periods.
  • Clear manufacturing and labelling protocols to ensure products made after Halal certificate expiry do not bear the MUIS Halal certification mark (“MHCM”), even if produced using Halal-compliant processes.
  • Full implementation and maintenance of enhanced internal controls as described in the Group’s letter to MUIS.
  • Robust internal monitoring systems to prevent recurrence.
  • Comprehensive staff training on Halal certification requirements, legal implications of unauthorised MHCM use, and the distinction between manufacturing dates and certificate validity periods.
• Renewal of Halal Certificates: LGFM has successfully renewed its Halal certificate (PRX20090010106), effective from 1 December 2025 to 31 December 2027. LG Bean renewed its Halal certificates in October 2025.

Important Information for Shareholders

• Resolution of Regulatory Risks: The fact that MUIS has decided not to pursue enforcement action against the Group, combined with the successful renewal of Halal certificates for both LGFM and LG Bean, removes a significant regulatory overhang that could have affected the Group’s operations and reputation.
• Impact on Group’s Business: The Group’s products are largely reliant on Halal certification to access key consumer segments in Singapore and potentially other markets. Past lapses in certification could have raised concerns about business continuity, market access, and brand reputation. The resolution of these issues and the implementation of robust controls should reassure investors regarding regulatory compliance and risk management.
• Enhanced Governance and Controls: The Group has adopted enhanced internal monitoring and governance procedures specifically designed to ensure compliance with Halal certification requirements going forward, addressing potential investor concerns about recurrence and future regulatory risks.
• Potential Share Price Sensitivity: The announcement mitigates previous uncertainties around Halal certification lapses, regulatory risk, and business disruption. The removal of these risks and the proactive engagement with MUIS may have a positive effect on investor sentiment and share price, especially given the company’s reliance on Halal-certified products.

Additional Details

• The Company’s sponsor, ZICO Capital Pte. Ltd., has reviewed the announcement. The Singapore Exchange Securities Trading Limited (“SGX-ST”) has not examined or approved the announcement and assumes no responsibility for its contents.
• The renewed Halal certificate for LGFM is valid for two years, ensuring product continuity in the Halal segment through the end of 2027.
• Contact for further information: Ms. Goh Mei Xian, ZICO Capital Pte. Ltd., 77 Robinson Road, #06-03 Robinson 77, Singapore 068896, telephone (65) 6636 4201.

Conclusion

For investors, this update is significant as it resolves a major compliance risk that could have impacted the Group’s operations, market reputation, and share price. The Group’s proactive approach, regulatory engagement, and implementation of robust controls position it well for continued access to the Halal market, which is vital to its business model.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own due diligence and consult with professional advisors before making any investment decisions. The information contained herein is based on company disclosures as of 23 December 2025 and may be subject to further updates or developments.

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