Agricore CS Holdings Bhd
MMYX:AGRICOR0.39
MYR
0.00
(0.00%)
ISIN
MYQ0309OO003
Return %
Stock
S&P 500
1Y
-15.22
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Boon Khong Oon
- Full Time Employees
- 119
- Sector
- Distribution services
- Industry
- Food distributors
- Address
- Bukit Mertajam Malaysia
- IPO Date
- Jun 21, 2024
- Website
- agricore.com.my
- Similar Companies
- Business
- Agricore CS Holdings Berhad is a Malaysia-based investment holding company principally engaged in the sourcing, distribution, and production of plant-based agricultural food ingredients and food additives. Founded in 2009 and headquartered in Bukit Mertajam, Penang, Malaysia, the company operates primarily through two core business segments: Sourcing and Distribution, and Production. The company's Sourcing and Distribution segment procures and supplies an extensive range of plant-based agricultural commodities, comprising starches and modified starches; beans, peas, and pulses, including sprouting beans, green beans, black matpe beans, red beans, and white peas; soybeans and soybean derivatives; as well as various grains and specialty rice. Its Production segment manufactures and processes fried shallots along with proprietary functional food additives, including texturizers, preservatives, flavoring agents, batter coatings, and antifoam solutions. Agricore commercializes its product portfolio under proprietary house brands, notably POKOK AGRICORE, SunRise, BAPAS, CAP POKOK, and POKOK-POKOK, in addition to distributing third-party brands. The group caters to a diversified client base of over 1,000 accounts across the food industry, encompassing food and beverage manufacturers; vegetarian and soybean-based food producers; noodle and flour mills; meat and seafood processors; sauce and condiment manufacturers; dairy companies; and retail hypermarkets and wholesalers. Operating primarily in Malaysia, the company also exports its food ingredients to regional markets within Southeast Asia, including Vietnam and Brunei. In recent corporate developments, Agricore CS Holdings Berhad completed its initial public offering and listed its shares on the ACE Market of Bursa Malaysia in June 2024 under the ticker AGRICOR. Capital raised from the listing has been deployed toward operational expansion, specifically increasing inventory capacity, establishing a new regional storage and warehousing facility to optimize logistics efficiency, and expanding its distribution footprint and export market penetration across Southeast Asia.