SINGAPORE, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Premium Catering (Holdings) Limited ("PC” or the "Company”) (Nasdaq: PC), a food caterer supplying prepared meals to foreign workers in Singapore as well as operating food stalls and providing buffet catering services, today announced the closing of its initial public offering (the "Offering”) of an aggregate 2,000,000 ordinary shares at a public offering price of $4.75 per share for total gross proceeds of $9.5 million, before deducting underwriting discounts and offering expenses. The Company sold 1,650,000 ordinary shares and the selling shareholders sold 350,000 ordinary shares. The Company did not receive any proceeds from any sale of shares by the selling shareholders. The Company is listed on the Nasdaq Capital Market under the ticker symbol "PC.”

The offering was made only by means of a prospectus. Copies of the final prospectus related to the offering may be obtained, when available, by visiting the SEC's website located at http://www.sec.gov or by contacting Bancroft Capital, LLC , 501 Office Center Drive, Suite 130, Fort Washington, PA 19034, Attention: Jason Diamond or email: [email protected]

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