The company was founded in 1984 and is headquartered in Rawang, Malaysia.
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Cocoaland Holdings Bhd (7205) Quote
Its manufacturing segment is engaged in manufacturing and trading all kinds of processed and preserved foods and fruits whereas the trading segment is engaged in wholesaling and retailing processed and preserved foods.
Cocoaland's financial year ends on Dec 31. Muhammad Afif said AmInvestment's FV for Cocoaland shares was derived from a target price-earnings ratio of 19 times for FY22. At Bursa on Friday, Cocoaland's share price rose one sen or 0.83% at 10.26am to RM1.22, which values the company at about RM553.97 million.
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