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PETALING JAYA: Cocoa grinder Guan Chong Bhd is banking on its upcoming processing facility in Cote D’Ivoire (Ivory Coast) to serve as a launchpad to boost its export markets, especially in Europe.
KUALA LUMPUR: Bursa Malaysia ended mixed on Thursday, with the FBM KLCI ending 0.04% higher ahead of the Budget 2020.
KUALA LUMPUR: The world’s fourth-largest cocoa grinder, Guan Chong Bhd has set aside between EUR50 to EUR60 million (approximately RM230 to RM280 million) to construct a new 60,000 metric tonne (MT) cocoa grinding facility in a West African country, Cote D'Ivoire.
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.
KUALA LUMPUR: JF Apex Research expects Guan Chong Bhd, Serba Dinamik Holdings Bhd, Berjaya Land, IHH Healthcare Bhd and Malaysia Airports Holdings Bhd (MAHB) to be among the stocks to watch on Tuesday.
KUALA LUMPUR: Guan Chong Bhd is investing in new cocoa processing plant in Cote d'Ivoire, the group's first plant in Africa, as its seeks to boost production capacity.
KUALA LUMPUR: Asia’s cocoa industry is scouring for ways to boost local bean supplies as the region’s chocoholics munch through more candy than ever.
PETALING JAYA: Guan Chong Bhd has proposed to undertake a bonus issue on the basis of one bonus issue for every existing share held as well as a one-for-three issue of free warrants.
KUALA LUMPUR: Guan Chong Bhd has proposed a one-for-one bonus share issue and a one-for-three issue of free warrants.
KUALA LUMPUR: Shares in Guan Chong Bhd rose over 7.3% in early trade Tuesday after announcing a 42% jump in its second quarter net profit.