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KUALA LUMPUR: Chocolate demand in Asia is booming, and this Malaysian company sits at the epicenter.
GELANG PATAH: Guan Chong Bhd’s (GCB) latest investment in industrial chocolate facility will further strengthen its position as one of the top 10 leading producers of cocoa ingredients in the world, said managing director and chief executive officer Brandon Tay Hoe Lian.
KUALA LUMPUR: Guan Chong Bhd expects the uncertainties in the global cocoa markets, which have affected the industry and prices, to be over in end-2013.
Cocoa processor Guan Chong Bhd's earnings rose 5.6% to RM27.41mil in the third quarter ended Sept 30, 2012 from RM25.94mil a year ago, supported by a 5.9% increase in sales volume and improved profit margin.
KUALA LUMPUR: Guan Chong Bhd shareholders have approved the company’s plan for a secondary listing in Singapore at an EGM.