Green Ocean Corp. Bhd.
MMYX:GOCEAN0.11
MYR
+0.03
(+29.41%)
ISIN
MYQ0074OO003
Return %
Stock
S&P 500
1Y
4.76
14.20
3Y
10.00
81.12
5Y
-68.57
68.34
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
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
- Green Ocean Corporation Berhad is an investment holding company that operates primarily in palm oil processing, food and beverage manufacturing and distribution, fast-moving consumer goods trading, and the manufacturing and distribution of personal protective equipment. Founded in 2003 and headquartered in Petaling Jaya, Selangor, Malaysia, the company operates across distinct business segments including Oil and Fats, Food and Beverages, Glove Manufacturing, and General Trading. Through its operating subsidiaries, including Ace Glove (M) Sdn Bhd and Green Ocean Food Sdn Bhd, the company serves industrial food processors, hospitality businesses, healthcare facilities, commercial distributors, and retail consumers across Malaysia, Southeast Asia, and broader international export markets. The company offers a diversified range of products and services across its operational divisions: palm oil processing, fractionation, and refining, producing crude palm oil derivatives, palm kernel oil, palm fatty acid distillate, refined bleached deodorized (RBD) palm olein, and RBD palm stearin; packaged edible oils, vegetable fats, and specialized culinary shortening distributed under proprietary consumer and commercial brand names, including D'Chef and Smart Chef; packaged food and beverage products, comprising processed culinary sauces, table condiments, specialty grocery items, and pre-packaged food commodities; medical-grade and industrial personal protective equipment, focusing on nitrile examination gloves and natural rubber latex gloves designed for healthcare, dental, laboratory, and industrial applications; and international commodity trading, bulk logistics coordination, and procurement services for agricultural food ingredients and healthcare consumables. In recent developments, Green Ocean Corporation Berhad has pursued strategic realignments to optimize operational efficiency, streamline capital allocation, and expand its trading footprint. The company has executed corporate reorganization initiatives, including capital reduction and share consolidation exercises, alongside equity fundraisings to fortify its balance sheet and support operational liquidity. In response to post-pandemic structural shifts in the protective equipment sector, the company has rationalized its glove manufacturing operations while cultivating targeted distribution agreements in overseas medical markets. Simultaneously, Green Ocean has accelerated the expansion of its food, beverage, and agricultural commodity trading operations by establishing cross-border supply chain partnerships across Southeast Asia, broadening its retail food brand distribution channels, and evaluating new strategic diversification avenues within the fast-moving consumer goods sector.