Guan Chong Bhd commercial director Elsa Tay See Min and Coffee-Cocao Council general manager Yves Brahima Koné during the signing ceremony.
Transcao CI operates in Ivory Coast and is principally involved in cocoa processing, manufacturing and distributing finished products, creating added value to boost farmers’ income, and promoting local and regional consumption. The MoU will be exclusive for a period of three months from the date of execution and GCBCS shall benefit from exclusive negotiation rights with CCC and Transcao Negoce. GCB would look to acquiring a 25% stake in Transcao CI and act as a strategic partner to support Transcao CI’s development and implementation strategy.
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