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KUALA LUMPUR: Guan Chong Bhd's acquisition of German firm Schokinag Holding GmbH will help the group tap into the EU market as well as minimise the risk of underutilisation at the upcoming Ivory Coast cocoa processing plant, says RHB research.
KUALA LUMPUR: Guan Chong Bhd's recently completed acquisition of German chocolate maker Schokinag Holding GmbH is expected to take up 50% of the group's Ivory Coast plant's capacity, which should be sufficient for it to break even, says RHB research.
KUALA LUMPUR: Cocoa grinder Guan Chong Bhd said its annual earnings jumped to a record high, as a strong sales volume mitigated the impact of increased tax provision in the last quarter.
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, the fourth largest cocoa grinder in the world, is buying an industrial chocolate maker based in Germany, expanding its business in Europe following a recent venture in Africa.
KUALA LUMPUR: Guan Chong Bhd, the fourth largest cocoa grinder in the world, is buying an industrial chocolate maker based in Germany, expanding its downstream business following recent venture in Africa.
Manufacturer’s operations are largely unaffected
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.
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: Shares in Guan Chong Bhd rose over 7.3% in early trade Tuesday after announcing a 42% jump in its second quarter net profit.