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JB Foods
Insider moves
Goi raises stakes in GSH and JB Foods; Southern Packaging's Jen buys more shares
GSH warned that it had chalked up three consecutive years of losses
April 13, 2023
Results
JB Foods reports higher earnings for FY2022, sees long demand for cocoa growing
The company plans to pay a final dividend of 1.6 cents, which will bring total payout for FY2022 to 1.8 cents.
February 27, 2023
Billion Dollar Club 2022
Sheng Siong Group dominates industry category yet again; Wilmar scores for earnings growth
Sheng Siong is a regular winner at the BDC
November 10, 2022
Corporate moves
JB Foods subsidiary to propose establishment of $155 mil Islamic medium term notes programme in Malaysia
JB Cocoa Malaysia has proposed an Islamic medium term notes programme worth up to RM500 Million in nominal value.
August 23, 2022
Company in the news
JB Foods to build new cocoa processing facility in Ivory Coast
The company’s expansion plans in the country will see an initial investment of $87.8 million.
June 24, 2022
Company in the news
Business in Russia to be negatively impacted in the short term: JB Foods
While it does not have any physical assets in Russia and Ukraine, both countries accounted for about 17% of its 2021 revenue.
March 16, 2022
Insider moves
Billionaire families of UOL and FEO plus Sam Goi go marketing to raise shareholdings
The Ng family, better known for owning privately-held property giant Far East Organization, are known to invest in other listcos.
December 09, 2021
Property
JB Foods to dispose of New Jersey property for $24.3 mil
The property was purchased in 2014 by JB Foods with the intention to develop it into a factory building.
October 28, 2021
Results
JB Foods FY2020 earnings down 26.3% on higher costs
The company plans to pay a final dividend of 1.5 cents, which is on top of 0.5 cents already paid earlier.
February 25, 2021
Billion Dollar Club 2020
Well-placed to play central role in building sustainable financial future for Asia
Companies in the Billion Dollar Club and Centurion Club awards have turned adversity into opportunities in an unprecedented year.
December 11, 2020