Cocoaland Holdings is in the stage of an investment up-cycle. Planned capex is RM30 million, and annual capacity will be 4 million kg. According to AmResearch, earnings is expected to jump 65% to RM35 million in FY13. It is possible that sales and market valuation may double in five years, Tai Chun Wah, the finance director of Cocoaland, says. 

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