Ace Pacific Group Berhad
MMYX:AP0.07
MYR
+0.00
(-7.14%)
ISIN
MYQ0074OO003
Return %
Stock
S&P 500
1Y
-35.00
14.39
3Y
-56.67
81.42
5Y
-81.43
68.62
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
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- Sector
- Process industries
- Industry
- Agricultural commodities/Milling
- Address
- Petaling Jaya Malaysia
- IPO Date
- Mar 28, 2005
- Website
- greenoceancorp.com
- Similar Companies
- Business
- Ace Pacific Group Berhad, formerly known as Green Ocean Corporation Berhad, is a Malaysia-based investment holding company primarily engaged in food and beverage distribution, glove manufacturing and trading, general commodity trading, and warehousing logistics services. Incorporated in 2003 and headquartered in Petaling Jaya, Selangor, Malaysia, the group operates across several core business segments: Food and Beverage; Gloves; and General Trading and Storage Services. Within its Food and Beverage segment, the company specializes in the wholesale distribution and trading of frozen processed food products, frozen meats, and packaged consumables, as well as the import, marketing, and distribution of alcoholic beverages and related products to commercial food service, hospitality, and retail channels. Under its Gloves division, the group is involved in the manufacturing, sourcing, and distribution of disposable medical-grade examination gloves, nitrile gloves, latex gloves, and personal protective equipment supplied to healthcare providers, industrial facilities, and commercial distributors. In its General Trading and Warehousing segment, the company provides ambient and temperature-controlled storage solutions, logistics management, inventory handling, and bulk trading of diverse commercial merchandise. In recent strategic developments, the company officially changed its name from Green Ocean Corporation Berhad to Ace Pacific Group Berhad in August 2026, with its stock short name updated to AP on Bursa Malaysia in September 2026 to reflect its repositioned corporate identity. To optimize operational efficiency and focus on high-growth sectors, the group completed the divestment of its entire equity interest in its legacy palm oil refining and crude palm kernel oil subsidiary, Ace Edible Oil Industries Sdn. Bhd., in 2024, fully executing its strategic exit from palm oil operations. Furthermore, the company expanded its consumer distribution infrastructure through subsidiaries such as Ace Distributions Sdn. Bhd. and restructured Ace Pacific Sdn. Bhd. to accelerate market penetration in regional beverage and food distribution networks.