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Show Notes
SGX-listed Super Group Ltd's Darren Teo, who heads Group Corporate Strategy & Business Development, comes on the Breakfast Grille to talk about the group's prospects in the highly competitive FMCG space. The group however, recently posted a good round of results where net profit grew by 27.7% to SG1810.4 million. He talks about
- What will continue to drive the group's prospects in their key markets of China, Singapore and Malaysia.
- The status of Super Group's new plant in Malaysia, and how it will help the group diversify on the back of a new operations dealing with herbal extracts.
- Darren also does not rule out the possibility of partners, given the current consolidation wave going on the FMCG space, but says that there is nothing concrete as of yet.
- He also talks about the recent spate of rebranding that the group underwent in order to give its product a fresher look, in a bid to attract the younger crowd.
- He also addresses issues of quality control, given the recent horsemeat scandal in Europe, which has made people jittery. Interestingly he points out that it was because of a food scare in China that Super Group saw the opportunity to go into the food ingredients business.
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