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KUALA LUMPUR: Guan Chong Bhd shareholders have approved the company’s plan for a secondary listing in Singapore at an EGM.
ARE dual listings in Malaysia and Singapore a new trend for Malaysian companies and is the exercise worth the effort? In recent times, companies like Malaysia Smelting Corp Bhd (MSC), Guan Chong Bhd, Berjaya Sports Toto Bhd and IHH Healthcare Bhd have announced plans towards this end.
KUALA LUMPUR: Guan Chong Bhd has refuted a report that it may want to scrap its plan for a secondary listing in Singapore in favour of selling a stake via a corporate exercise.
Guan Chong Bhd is still going ahead with the proposed secondary listing on the Singapore Exchange, dismissing a wire report on Friday that it might scrap the plan.
KUALA LUMPUR: Guan Chong Bhd, one of the leading cocoa processors in the region, has commissioned a second production line at its plant in Batam, which takes the groups total annual capacity to 200,000 tonnes.
JOHOR BARU: Cocoa-derived food ingredients maker Guan Chong Bhd hopes to attract more institutional investors from its secondary listing in Singapore.