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PETALING JAYA: The world’s fourth largest cocoa grinder Guan Chong Bhd (GCB) is undertaking a sukuk exercise for its future expansion plans.
Malaysian cocoa grinder seeks to grow its global brand
KUALA LUMPUR: Guan Chong Bhd, which is the world’s fourth largest cocoa grinder, has earmarked RM120mil for its new cocoa ingredients plant in Cote D'Ivoire (Ivory Coast) in the south coast of West Africa.
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.
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.
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.
RIDING high on the world’s love for chocolates, Guan Chong Bhd’s share price has shot up by over 94% in the past one year.
PETALING JAYA: Strong demand for cocoa is driving profits at grinder Guan Chong Bhd to new highs.
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.