KUALA LUMPUR: Shares in Guan Chong Bhd rose over 1.9% this morning after the company announced plans to set up a new cocoa bean processing plant in Africa.
The cocoa grinder rose 1.91%, or eight sen to RM4.01, making it one of the top gainers on Bursa Malaysia. The counter has gained more than 80.1% in the past one year. It is currently trading at a PE ratio of about 8.5 times.
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