Stakeholder: Fook Meng is an executive director and substantial shareholder of Cocoaland.
PETALING JAYA: Snacks and candy company Cocoaland Holdings Bhd has received an indicative non-binding proposal from First Pacific Company Ltd to acquire the business of Cocoaland including all of its assets and liabilities for RM463.32mil or RM2.70 per share.
This is the second takeover offer Cocoaland is receiving in less than two weeks.
