CCH Holdings Ltd.

General Information
Business:

(Incorporated in the Cayman Islands) 

We are one of the leading specialty hotpot restaurant chains in Malaysia, specializing in chicken hotpot and fish head hotpot. With roots in George Town, Penang, Malaysia since 2015, we have become a top player in the specialty hotpot market in Malaysia. According to Frost & Sullivan, we were the third-largest specialty hotpot restaurant chain in Malaysia in terms of revenues generated by company-owned restaurants for the year ended December 31, 2024. Our Chicken Claypot House (鸡煲之家) brand, according to Frost & Sullivan, was the largest chicken hotpot brand in Malaysia in terms of number of restaurant outlets as of June 30, 2025.

Note: The “CCH” in the holding company’s name stands for Chicken Claypot House, the brand name of its chicken hotpot restaurants.

We are committed to providing the most authentic Sichuan hotpot experience with Hong Kong style chicken hotpot traditions, to suit the discerning Malaysian palate. With our established brands in specialty hotpot and exclusive signature dishes that are well received by customers, we are committed to further expanding our reach in Malaysia and beyond.

We offer catering services in Malaysia and outside Malaysia mainly under two brands, namely Chicken Claypot House (鸡煲之家) for our chicken hotpot restaurants and Zi Wei Yuan (紫薇园) for our fish head hotpot restaurants through a combination of company-owned restaurant outlets and franchised restaurant outlets. As of the date of this prospectus, we operate or license a total of 32 restaurant outlets, among which there are 20 Chicken Claypot House restaurant outlets, four Zi Wei Yuan restaurant outlets, three Chicken Claypot House-Zi Wei Yuan cross-over restaurant outlets, a food court, three restaurant outlets under the brand Bibixian (比比鲜) focusing on Teochew-style chicken hotpot, and a restaurant outlet under the brand Banbudian Bistro (先启半步颠) offering Sichuan cuisine. Among the 28 restaurant outlets operated or licensed by us in Malaysia, there are 15 company-owned restaurant outlets and 13 franchised restaurant outlets, as of the date of this prospectus. Currently, we also have four franchised restaurant outlets located in three other countries, including Thailand, Indonesia and China.

The cultural diversity in Southeast Asia has created a distinctive fusion cuisine landscape, and hotpot with traditions rooted in China has become a popular dining choice among customers. According to Frost & Sullivan, the market size in terms of revenues of specialty hotpot restaurants in Southeast Asia increased from US$1,592.3 million in 2019 to US$1,827.7 million in 2024 at a CAGR of 2.8%, and is expected to reach US$2,645.1 million in 2029, representing a CAGR of 7.7% from 2025 to 2029. To seize the market opportunity, we have been actively but also prudently expanding the network of our restaurant outlets in Malaysia. We are also poised for strategic expansion into other locations in Southeast Asia, such as Vietnam, Cambodia and Indonesia, as well as other international locations with significant growth potentials such as Hong Kong, Taiwan and the U.S.

Note: Net  income and revenue are in U.S. dollars for the year that ended Dec. 31, 2024.

(Note: CCH Holdings Ltd. priced its small IPO at $4.00 – the low end of its range – and sold 1.25 million shares – the number of shares in the prospectus – to raise $5.0 million on Thursday night, Oct. 2, 2025. Background: CCH Holdings Ltd. disclosed the terms for its small IPO on Sept. 12, 2025, in an F-1/A filing: 1.25 million shares at a price range of $4.00 to $6.00 to raise $6.25 million, if priced at the $5.00 mid-point of its range. Background: CCH Holdings Ltd. filed its F-1 on Aug. 27, 2025, without disclosing the terms for its micro-cap IPO. Some IPO pros, however, believe that CCH Holdings, Ltd. intends to raise between $6 million and $9 million in its IPO – or about $7.5 million, if the deal’s estimated proceeds fall midway between those points.)

 

Industry: RETAIL - RESTAURANTS - HOTPOT
Employees: 190
Founded: 2015
Contact Information
Address No. 1, Jalan Perda Jaya, Kawasan Perniagaan Perda Jaya, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
Phone Number +(60) 4-5307694
Web Address https://www.chickenclaypothouse.com.my/
View Prospectus: CCH Holdings Ltd.
Financial Information
Market Cap $96.25mil
Revenues $8.92 mil (last 12 months)
Net Income $0.91 mil (last 12 months)
IPO Profile
Symbol CCHH
Exchange NASDAQ
Shares (millions): 1.3
Price range $4.00 - $4.00
Est. $ Volume $5.0 mil
Manager / Joint Managers Cathay Securities
CO-Managers
Expected To Trade: 10/3/2025
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
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