Sound growth prospects for Bursa-bound Ocean Fresh

TheStar Thu, Jun 20, 2024 12:00am - 2 weeks View Original


PETALING JAYA: Analysts are upbeat on the future prospects of ACE Market-bound Ocean Fresh Bhd, amid some downside risks.

Apex Securities Bhd, which has ascribed a “subscribe” recommendation on the frozen seafood processor and trader, said it liked the company for various reasons.

These include the rising demand for seafood products, ongoing efforts to capture additional market share in the overseas market, expansion into processing and trading of dried seafood products and the addition of a new cold storage facility.

With over 22 years of industry experience, the company has evolved into one of the leading frozen seafood processors and traders in Malaysia.

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