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Business

Guan Chong rebounds after management's assurance, bonus issue

Guan Chong Bhd's share price staged a mild rebound on Thursday, climbing to a high of RM3.04 after the management gave an assurance it was still keeping its options open while the bonus issue plan was still going ahead.

Business

Guan Chong to invest RM10m abroad

GUAN Chong Bhd plans to invest RM10mil in the US and Eastern Europe this year, said managing director Brandon Tay.

Business

Guan Chong eyes more institutional investors from its secondary listing in S'pore

JOHOR BARU: Cocoa-derived food ingredients maker Guan Chong Bhd hopes to attract more institutional investors from its secondary listing in Singapore.

Business

Guan Chong projects higher revenue

COCOA-DERIVED food ingredient maker Guan Chong Bhd is targeting to achieve higher revenue of RM394.7mil in its financial year to Dec 31, thanks to improved cocoa powder and value-added product sales.

Business

Guan Chong sees global cocoa markets stabilising at end-2013

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.

Business

Guan Chong sinks into the red in Q3 on forex, contract losses

KUALA LUMPUR: Southeast Asia’s largest cocoa grinder Guan Chong Bhd posted net losses of RM11.84mil in the third quarter ended Sept 30, 2013 from earnings of RM27.41mil a year ago and is bracing for tougher times ahead.

Business

Guan Chong banks on Batam plant to meet rising cocoa demand

JOHOR BARU: Cocoa-derived food ingredient processor Guan Chong Bhd is counting on its new processing plant in Batam, Indonesia, to meet strong demand from chocolate manufacturers globally.

Business

Guan Chong shareholders okay Singapore dual listing plan

KUALA LUMPUR: Guan Chong Bhd shareholders have approved the company’s plan for a secondary listing in Singapore at an EGM.

Business

Guan Chong profit sends shares up 4%

KUALA LUMPUR: Guan Chong Bhd is one of the top performer on Bursa Malaysia with shares up 4% in early trade after it posted a higher profit.

Business

Guan Chong posts lower earnings

KUALA LUMPUR: Guan Chong Bhd’s net profit tumbled 68% to RM5.28mil in the first quarter ended March 31 from RM16.5mil a year earlier mainly on lower gross profit margin.