PETALING JAYA: Cocoa-related product manufacturer Guan Chong Bhd has acquired the entire equity stake in Koko Budi Sdn Bhd (KBSB) to increase its overall grinding capacity to expand its business operation.
In a filing with Bursa Malaysia, Guan Chong announced that the 100% equity or 3.76 million ordinary share acquisition from Soh Bok Yew & Sons Sdn Bhd, Soh Peck Lay and Soh Chee Siong will be made for a total of RM17mil.
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