The potential Bursa Malaysia listing would value ZUS Coffee at about RM4 billion as the rapidly expanding chain strengthens its Southeast Asian footprint.
Stronger margins and improved profitability at 3corações helped Strauss offset lower coffee sales caused by currency pressures and falling green coffee prices.
The directive comes ahead of a new cocoa financing model that COCOBOD says will improve liquidity, speed up payments and support domestic processing.
Strategic divestments strengthened Olam’s balance sheet as lower commodity prices and volumes weighed on revenue and operating earnings during the first half.
Telcar more than doubled its export share after a sharp decline the previous season, while Cameroon’s total cocoa shipments and export earnings fell significantly.