PETALING JAYA: Guan Chong Bhd’s purchase of a plant in Britain allows it to diversify into the Europe market and create a niche value chain even though earnings accretion in the near term will be minimal, according to a research house.
Guan Chong has been benefitting from the need of big chocolate makers to diversify their sources of cocoa ingredients as part of their risk management initiatives.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!