The Breakfast Grille

Munching its way to China


Listen Later

Munchy's Group's CEO CK Tan comes on the Breakfast Grille to talk about the current course of the group, which is best known as a manufacturer of biscuits, and how it intends to hold on to its market share of about 20%. According to published statistics, the value of the biscuit market in Malaysia is worth around RM1 billion per annum. He also talks about

- How they are hoping to see double digit growth for its topline, driven by innovation and new products. 

- They recently entered the snack food space, and says that the group aims to launch new products every year. However, he admits that not all the products launched are successful and they normally give it around three to six month evaluation period. 

- They do not rule out the possibility of listing, but says that it is in the far future. 

- They have been approached by bigger companies looking to acquire them, but nothing has been decided yet. On the flipside, they are also on the look out for assets. 

- China is another of their markets. CK admits that quality control is an issue, in the light of the recent scandal in the Eurozone about products contamindated with horsemeat. However, he says that they will adopt the same measures seen here. 

- Indonesia is also set to be another big market, and they plan to see results from a JV they have there over the next 10 months. 

See omnystudio.com/listener for privacy information.

...more
View all episodesView all episodes
Download on the App Store

The Breakfast GrilleBy BFM Media

  • 5
  • 5
  • 5
  • 5
  • 5

5

3 ratings


More shows like The Breakfast Grille

View all
TED Talks Daily by TED

TED Talks Daily

11,159 Listeners

The McKinsey Podcast by McKinsey & Company

The McKinsey Podcast

403 Listeners

Open For Business by BFM Media

Open For Business

0 Listeners

Resource Centre by BFM Media

Resource Centre

0 Listeners

Raise Your Game by BFM Media

Raise Your Game

7 Listeners

Tech Talk by BFM Media

Tech Talk

0 Listeners

I Love KL by BFM Media

I Love KL

4 Listeners

The Property Show by BFM Media

The Property Show

1 Listeners

Ringgit and Sense by BFM Media

Ringgit and Sense

1 Listeners

TED Business by TED

TED Business

1,105 Listeners

MALAM SERAM by KC Champion

MALAM SERAM

17 Listeners

The Thinking Muslim by Muhammad Jalal

The Thinking Muslim

200 Listeners

Morning Brief by BFM Media

Morning Brief

2 Listeners

Think Fast Talk Smart: Communication Techniques by Matt Abrahams, Think Fast Talk Smart

Think Fast Talk Smart: Communication Techniques

832 Listeners

Mr Money TV Podcast by Mr Money TV

Mr Money TV Podcast

0 Listeners

Coaching Real Leaders by Harvard Business Review / Muriel Wilkins

Coaching Real Leaders

670 Listeners

What's the Focus by BFM Media

What's the Focus

0 Listeners

BBK Network @ Podcast by BBK Network

BBK Network @ Podcast

1 Listeners

Are We OK? by Are We OK?

Are We OK?

0 Listeners