Posted by fengtzekai > 2016-04-25 17:11 | Report Abuse

If you really analyse Can-One, it is not hard to realise that the total investment cost of its initial 80% in F&B Nutrition is only RM12 million!

And if you really follow them, you should know that milk powder price plunge big time in 2015. In this business world, only fools will continue to buy at the same price when raw material price has dropped so much.

Revenue drop may be due to drop in selling price but the profit remain.

Posted by fengtzekai > 2016-04-25 17:16 | Report Abuse

On Toyota Tsusho, it is not fair to say that they rejected the offer. If you read the announcement and blog responsibly, you will note that actually Toyota Tsusho had been told to get professional advice under the listing guidelines nobody is stopping them from coming back.