1. PPB quit and sold the profitable sugar biz in malaysia to Felda Global Ventures & TWS in Jan 2010 (Rumuors: the decision was due to political issue - Sugar price never increase during Robert Kuok's period)
2. PPB's flour milling arm FFM Group - The biggest Flour market player in Malaysia and is expanding aggressively locally and established Flour biz in Indonesia in year 2009 with small market share, plan to expand and target of 5%-10% Indonesia market share means 10% of 240mil Indonesia population = 100% malaysia population.
3. PPB plans to aggressively expanding the flour biz locally, Indonesia, Vietnam and China in future.
4. PPB is establishing the "Bread" business in near term.
Comments:
2. PPB's flour milling arm FFM Group - The biggest Flour market player in Malaysia and is expanding aggressively locally and established Flour biz in Indonesia in year 2009 with small market share, plan to expand and target of 5%-10% Indonesia market share means 10% of 240mil Indonesia population = 100% malaysia population.
3. PPB plans to aggressively expanding the flour biz locally, Indonesia, Vietnam and China in future.
4. PPB is establishing the "Bread" business in near term.
Comments:
As a wise person billionaire Robert Kuok sees the huge potential business opportunity in flour and bread business in the future - the high inflation era, the projection of food demand remains intact and should be in the direction with the growth in population and demand. Thus, It serve a good guidance that food biz is still the save haven, high potential, stable income, defensive play (subject to right product at right time).
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