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.
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