Asia Grocery Distribution Limited
Asia Grocery Distribution Limited is an exempted company incorporated in the Cayman Islands with limited liability on 29 September 2016. It was registered in Hong Kong as a non-Hong Kong company under Part 16 of the Companies Ordinance on 13 January 2017, and holds Hong Kong registration number F0022952 – an “F”-prefixed filing used for companies incorporated outside Hong Kong that maintain a place of business there, rather than the seven-digit number issued to a locally incorporated Hong Kong company. Asia Grocery Distribution Limited has been listed on the Growth Enterprise Market (GEM) of The Stock Exchange of Hong Kong Limited under stock code 8413 since dealings commenced on 13 April 2017, following an initial public offering prospectus registered with the Registrar of Companies in Hong Kong in March 2017.
The company is an investment holding company. Through its Hong Kong operating subsidiaries, it trades in and distributes food and beverage grocery products under the long-established Hung Fat Ho brand, a business that traces its roots to a grocery store first operated at Tsui Ping Estate in Kwun Tong in 1975. As disclosed on the company website, the group offers a portfolio of more than 2,100 food and beverage grocery products across over 3,800 stock-keeping units and more than 300 brands, spanning commodities and cereal products, packaged foods, sauces and condiments, dairy products and eggs, beverages and wines, and kitchen and hygiene products, sourced from Hong Kong, mainland China, Japan, Korea, Thailand, Malaysia, the United Kingdom, the United States, Spain, France, Turkey and Italy.
Customers include restaurants, hotels, private clubs, non-commercial dining establishments, food processing operators and wholesalers in Hong Kong, supported by product sourcing, repackaging, quality assurance, warehousing and transportation services. The Chinese name of the company was changed from 亞洲雜貨有限公司 to 亞洲富思集團控股有限公司 at some point after its 2017 listing, while the English name, Asia Grocery Distribution Limited, has remained unchanged.
The principal place of business of Asia Grocery Distribution Limited is Upper Ground Floor, Mai Tong Industrial Building, No. 22 Sze Shan Street, Yau Tong, Kowloon, Hong Kong, per stock exchange filings made in 2025 and 2026. As at the most recent stock exchange filing reviewed for this profile, dated June 2026, its shares remained listed on GEM under stock code 8413.
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Shareholders
Shareholders of Asia Grocery Distribution Limited
As at 23 June 2026, the Latest Practicable Date disclosed in the 2026 annual general meeting circular of Asia Grocery Distribution Limited, Sky Alpha Investments Limited held 602,800,000 shares, representing approximately 51.88 percent of the issued share capital of Asia Grocery Distribution Limited. In an announcement dated 20 March 2025, the company disclosed that Sky Alpha Investments Limited is itself beneficially owned as to 58.38 percent by Mr. Wong Siu Man, an executive Director and the chairman of the Board, 38.92 percent by Mr. Wong Siu Wa, an executive Director, and 2.7 percent by Glory Concord Limited. The 602,800,000-share, 51.88 percent aggregate figure was consistent between the two filings. Shareholders below the Stock Exchange notification thresholds are not individually named in the sources reviewed for this profile, so this overview covers only the controlling shareholding chain confirmed in company filings.
Ultimate beneficial ownership
Multiplying the percentages disclosed in the 20 March 2025 announcement through the ownership chain, the calculated effective indirect interest of Mr. Wong Siu Man in Asia Grocery Distribution Limited is approximately 30.29 percent (58.38 percent of Sky Alpha Investments Limited multiplied by 51.88 percent of the company), and the calculated effective indirect interest of Mr. Wong Siu Wa is approximately 20.20 percent (38.92 percent multiplied by 51.88 percent), both held indirectly through Sky Alpha Investments Limited. These are labelled as calculated effective ownership percentages rather than a beneficial-ownership percentage reported directly by an official source. Glory Concord Limited holds the remaining 2.7 percent of Sky Alpha Investments Limited, a calculated effective interest of approximately 1.40 percent in Asia Grocery Distribution Limited; it is a corporate shareholder, and no further ownership chain identifying its own beneficial owner was located in the sources reviewed. Hong Kong companies must keep a Significant Controllers Register available for inspection by law enforcement officers, but this register is not publicly searchable, so beneficial ownership below the level confirmed above could not be independently verified through that mechanism.
Data availability
Country availability: Major shareholders only. As a GEM-listed issuer, Asia Grocery Distribution Limited discloses substantial shareholdings and Directors’ interests under Part XV of the Securities and Futures Ordinance and the GEM Listing Rules, but only holdings and interests crossing statutory notification thresholds are disclosed. A complete shareholder register is not made public, and the Significant Controllers Register regime that applies to Hong Kong companies is not publicly searchable.
Officers
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Directors and officers of Asia Grocery Distribution Limited
Per the 2026 annual general meeting circular of Asia Grocery Distribution Limited (Latest Practicable Date 23 June 2026), at least three board members were confirmed for re-election: Mr. Wong Siu Man (黃少文), aged 53, executive Director and chairman of the Board since 29 September 2016 and one of the controlling shareholders of the company; Mr. Wong Siu Wa (黃少華), aged 57, executive Director and Chief Executive Officer since 29 September 2016, also a controlling shareholder and the elder brother of Mr. Wong Siu Man; and Mr. Wang Zhaobin (王兆毑), aged 41, independent non-executive Director since 27 November 2019 and chairman of the remuneration committee. The circular does not disclose the nationality of any director; nationality is treated as a separate field in this profile and has not been officially disclosed in the source reviewed. Other sources referencing company announcements report that Mr. Shum Ching Hei was appointed independent non-executive Director and chairman of the audit committee, and Ms. Chan Hoi Yee was appointed a further independent non-executive Director, both with effect from 1 January 2025; these two appointments were not independently confirmed against the original Stock Exchange filing for this profile and are reported here with that caveat.
Recent officer changes
With effect from 1 January 2025, Mr. Shum Ching Hei was appointed independent non-executive Director and chairman of the audit committee, succeeding Mr. Ng Fan Kay, Frankie in those roles, according to market data referencing a board and committee change announcement made by the company; the underlying Stock Exchange filing was not directly reviewed for this profile.
Data availability
Country availability: Partial. The Hong Kong Companies Registry does not publish a director register for Asia Grocery Distribution Limited because it is registered as a non-Hong Kong company under Part 16 of the Companies Ordinance rather than as a locally incorporated company. Officer information is instead sourced from GEM Listing Rules disclosures made by the company as a listed issuer. Board composition beyond the directors confirmed directly in the 2026 annual general meeting circular could not be fully verified from primary Stock Exchange filings within this profile.
Registry feed — rows exactly as filed with Companies Registry, including entries the profile above does not cover.
Group Structure
Group structure of Asia Grocery Distribution Limited
Asia Grocery Distribution Limited is the Cayman Islands-incorporated, GEM-listed parent of its corporate group. According to its 2017 listing prospectus, the company wholly owns Hung Fat Ho Holdings Limited (鴿發號集團有限公司), an intermediate holding company incorporated in the British Virgin Islands on 30 June 2015, which in turn wholly owns three Hong Kong-incorporated operating subsidiaries: Hung Fat Ho Food Limited (trading since 2005, formerly HFH Food), Ongo Food Company Limited (incorporated 2011) and Eagle Food Company Limited (incorporated February 2015 and acquired by Hung Fat Ho Holdings Limited on 30 July 2015). No parent company of Asia Grocery Distribution Limited has been identified in the sources reviewed; its controlling shareholders, Mr. Wong Siu Man and Mr. Wong Siu Wa, hold their combined 51.88 percent interest through Sky Alpha Investments Limited rather than through a corporate parent.
| Entity | Country | Registration number | Relationship | Ownership | Status | Information date |
|---|---|---|---|---|---|---|
| Hung Fat Ho Holdings Limited (鴿發號集團有限公司) | British Virgin Islands | Not disclosed in sources reviewed | Direct subsidiary | 100% | Confirmed at 2017 listing; not reconfirmed since | 2017 |
| Hung Fat Ho Food Limited | Hong Kong | Not disclosed in sources reviewed | Indirect subsidiary (via Hung Fat Ho Holdings Limited) | 100% | Active; reconfirmed in a March 2025 connected-transaction announcement | 20 March 2025 |
| Ongo Food Company Limited | Hong Kong | Not disclosed in sources reviewed | Indirect subsidiary (via Hung Fat Ho Holdings Limited) | 100% | Confirmed at 2017 listing; not reconfirmed since | 2017 |
| Eagle Food Company Limited | Hong Kong | Not disclosed in sources reviewed | Indirect subsidiary (via Hung Fat Ho Holdings Limited) | 100% | Confirmed at 2017 listing; not reconfirmed since | 2017 |
Recent structural changes
On 10 December 2025, Hunan Cereals, Oils and Foodstuffs Import and Export Group Co., Ltd. agreed to acquire approximately 65 percent of the issued shares of Asia Grocery Distribution Limited from Mr. Wong Siu Man, Mr. Wong Siu Wa, Glory Concord Limited and other selling shareholders for cash consideration of approximately HK$194.87 million. Completion remains subject to a pre-condition requiring approval from the State-owned Assets Supervision and Administration Commission of the Hubei Provincial People’s Government, which remained under review as at the most recent update reviewed for this profile; the parties have proposed extending the pre-condition long-stop date from 11 June 2026 to 31 December 2026. If completed, the transaction would change control of Asia Grocery Distribution Limited but has not been confirmed to alter the subsidiary structure described above.
Data availability
Country availability: Partial. The Hong Kong and British Virgin Islands operating subsidiaries of Asia Grocery Distribution Limited are confirmed through its own 2017 listing prospectus and, for the main operating subsidiary, a 2025 connected-transaction announcement; no more recent complete group-wide subsidiary list or individual company registration numbers were located in the sources reviewed for this profile.
Sky Alpha Investments Limited
British Virgin Islands
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Frequently Asked Questions
What is the registration number of Asia Grocery Distribution Limited, and what type of registration does it represent?
Its Hong Kong registration number is F0022952. The "F" prefix denotes registration as a non-Hong Kong company under Part 16 of the Companies Ordinance, rather than the seven-digit number given to a locally incorporated Hong Kong company; the company registered under this regime on 13 January 2017.
When and where was Asia Grocery Distribution Limited incorporated?
It was incorporated as an exempted company with limited liability in the Cayman Islands on 29 September 2016, according to its 2017 Hong Kong listing prospectus. No Hong Kong incorporation date exists for the company because it is a Cayman Islands entity registered in Hong Kong as a non-Hong Kong company rather than incorporated there directly.
What is the legal form of Asia Grocery Distribution Limited?
It is an exempted company incorporated with limited liability under the laws of the Cayman Islands, registered in Hong Kong as a non-Hong Kong company under Part 16 of the Companies Ordinance.
What is the current status of Asia Grocery Distribution Limited?
Hong Kong Companies Registry data reviewed for this profile lists the registration as Active. Its shares also remained listed on the Growth Enterprise Market of The Stock Exchange of Hong Kong Limited as at the most recent stock exchange filing reviewed, dated June 2026.
Where is Asia Grocery Distribution Limited located?
Its principal place of business is Upper Ground Floor, Mai Tong Industrial Building, No. 22 Sze Shan Street, Yau Tong, Kowloon, Hong Kong, per stock exchange filings made in 2025 and 2026. Its Cayman Islands registered office, at the time of its 2017 listing, was care of Maples Fund Services (Cayman) Limited, PO Box 1093, Boundary Hall, Cricket Square, Grand Cayman KY1-1102, Cayman Islands.
What was the previous name of the company?
Before its 2017 listing, the company was known as Asia Grocery Distributor Limited before adopting its current English name, Asia Grocery Distribution Limited. Its Chinese name was later changed from 亞洲雜貨有限公司 to 亞洲富思集團控股有限公司.
What does Asia Grocery Distribution Limited do?
It is an investment holding company whose Hong Kong subsidiaries trade in and distribute food and beverage grocery products under the Hung Fat Ho brand, serving restaurants, hotels, private clubs, food processing operators and wholesalers.
What products does Asia Grocery Distribution Limited distribute?
As disclosed on the company website, the group offers more than 2,100 food and beverage grocery products across over 3,800 stock-keeping units and more than 300 brands, including commodities and cereal products, packaged foods, sauces and condiments, dairy products and eggs, beverages and wines, and kitchen and hygiene products.
On which stock exchange is Asia Grocery Distribution Limited listed?
It has been listed on the Growth Enterprise Market of The Stock Exchange of Hong Kong Limited under stock code 8413 since dealings commenced on 13 April 2017.
Who are the controlling shareholders of Asia Grocery Distribution Limited?
Mr. Wong Siu Man and Mr. Wong Siu Wa control a combined 51.88 percent shareholding (602,800,000 shares as at 23 June 2026) through Sky Alpha Investments Limited, which they beneficially own as to 58.38 percent and 38.92 percent respectively, with the remaining 2.7 percent held by Glory Concord Limited, according to a company announcement dated 20 March 2025.
Is the Significant Controllers Register in Hong Kong publicly searchable?
No. Hong Kong companies must maintain a Significant Controllers Register available for inspection by law enforcement officers, but the register is not open to public or compliance searches, which limits independent verification of beneficial ownership below the levels disclosed in stock exchange filings.
What is the corporate structure of Asia Grocery Distribution Limited?
Asia Grocery Distribution Limited wholly owns Hung Fat Ho Holdings Limited, incorporated in the British Virgin Islands, which in turn wholly owns three Hong Kong operating subsidiaries: Hung Fat Ho Food Limited, Ongo Food Company Limited and Eagle Food Company Limited, according to the 2017 listing prospectus.
Who are the directors of Asia Grocery Distribution Limited?
Confirmed executive Directors are Mr. Wong Siu Man (chairman, appointed 29 September 2016) and Mr. Wong Siu Wa (Chief Executive Officer, appointed 29 September 2016); Mr. Wang Zhaobin has served as an independent non-executive Director since 27 November 2019. Additional independent non-executive Directors have been reported in market data but were not independently confirmed against a primary Stock Exchange filing for this profile.
Is there a pending change of control at Asia Grocery Distribution Limited?
Yes. On 10 December 2025, Hunan Cereals, Oils and Foodstuffs Import and Export Group Co., Ltd. agreed to acquire approximately 65 percent of the issued shares from the controlling shareholders for approximately HK$194.87 million, subject to a still-pending SASAC approval pre-condition that the parties have proposed extending to 31 December 2026.
Does zavia.ai monitor Asia Grocery Distribution Limited for company data changes?
Yes, zavia.ai tracks registry, ownership and officer data for Asia Grocery Distribution Limited and can provide alerts and API access for ongoing due-diligence monitoring of this GEM-listed company.