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GMG Global - Pure Play On Rubber Prices (NOT RATED)

kiasutrader
Publish date: Wed, 11 Jul 2012, 10:41 AM
Backed by a powerful parent. GMG is 51% owned by Sinochem Group, a multinational conglomerate based in China. Sinochem primarily operates in energy, agriculture, chemicals, real estate and financial services. With annual sales volume of over 800,000 tonnes, it is the biggest rubber supplier in China and second-largest in the world. A powerful parent, Sinochem provides GMG with access to the China market, certainty in purchase orders and an additional source of capital. GMG is now the single largest natural rubber supplier to China.


Source: Maybank Kim Eng

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