Valuable lessons for Three-A Resources from soured China venture

New high for Dagang NeXchange Bhd

PETALING JAYA: Manufacturer of food and beverage (F&B) ingredients Three-A Resources Bhd has retreated from its investment in China that started seven years ago after the venture failed to yield any profit.

The company, which counts Singapore-listed Wilmar International Ltd as among its substantial shareholders, said it has learnt “valuable lessons” from its China investment.