Can-One mulls sale of condensed milk ops

Making cans: One of Kian Joo’s production lines. Can-One, which had previously been involved in a long drawn take-over of Kian Joo Can Factory Bhd, presently trades at a single digit historical price earnings multiple of 7.8 times, based on Bloomberg data.

KWAP said to be keen, asset valued at RM800mil

Can-One Bhd is in the process of disposing a stake in its dairy manufacturing business in a deal that values the asset around RM800mil, sources say.