Green Ocean Corporation Berhad (0074)
XKLS XKLS Primary Summary
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Green Ocean Corporation Berhad Profile
| Diversified REITs Industry | Real Estate Sector | Mr. Ben Seng Tay CEO | XKLS Exchange | MYQ0074OO003 ISIN |
| MY Country | - Employees | - Last Dividend | 1 Dec 2020 Last Split | - IPO Date |
Overview
Green Ocean Corporation Berhad, originally named Online One Corporation Berhad until its renaming in April 2009, commenced its operations in 2003. Based in Petaling Jaya, Malaysia, it primarily focuses on the palm oil industry within the Malaysian market. As an investment holding company, its reach extends beyond just palm oil production to encompass various other sectors including food and beverage, storage, and even the manufacturing and trading of gloves. Over the years, Green Ocean Corporation Berhad has evolved to include trading and retailing, alongside the provision of essential warehousing services.
Products and Services
Green Ocean Corporation Berhad offers a diverse range of products and services across multiple industries:
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Palm Oil Kernel Crushing and Refining:
The core business involves the crushing of palm oil kernels and the refining of palm oil and palm kernel oil. This process is fundamental in producing the raw materials necessary for a variety of palm oil products.
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Trading of Refined Palm Oil Products:
In addition to production, the company is actively involved in the trading of refined palm oil products, facilitating the movement of goods within the market and expanding the reach of its palm oil products.
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Food and Beverage Activities:
Expanding its horizons, Green Ocean Corporation Berhad engages in trading, retailing, and distributing a range of products related to the food and beverage industry. This diversification demonstrates the company's ambition to tap into other lucrative markets.
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Storage Facilities for Warehousing Services:
The provision of storage facilities for warehousing services addresses the logistical needs of various businesses, offering them solutions for their storage requirements. This strategic move caters to a critical aspect of supply chain management.
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Coal and Other Materials Purchase:
Further diversifying its portfolio, Green Ocean Corporation Berhad is involved in the purchase of coal and other materials, showcasing its flexibility and willingness to explore different markets.
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Manufacturing and Trading of Gloves:
A response to the global demand for personal protective equipment, the company has ventured into the manufacturing and trading of gloves. This foray into healthcare supplies marks a significant expansion of its business activities beyond its traditional operations.
