DaChan Food (Asia), a supplier of chicken meat to fast food chains KFC and McDonald's, said it aims to double production capacity by the end of next year to capitalise on the rising demand for quality food on the mainland.Tuesday, 15 April, 2008, 12:00am
M. Dale Pounder
Vice-president and chief actuary
Sun Life Financial Asia
Mr Pounder joined Sun Life Financial in 1984. During his 23 years in the insurance industry, he has gained extensive experience in actuarial and financial management, and product management. Mr Pounder is a fellow of the Society of Actuaries.
Mark Ross18 Feb 2008 - 12:00am
DaChan Food (Asia) said it would use US$93 million of its recent initial public offering proceeds to achieve its goal of becoming the mainland's biggest chicken meat supplier.
The company aims to capture 25 per cent share of the market, up from the current 4 per cent, by expanding its production facilities.26 Oct 2007 - 12:00am
When investors questioned whether DaChan Food (Asia) was an attractive investment considering that it relied mainly on chicken processing, company chairman Mark Han Jia-hwan said after past failures at diversification, 'to be focused' was the best way to succeed.
'We should drill at our core competency to beat our competitors,' said Mr Han.8 Oct 2007 - 12:00am
DaChan Food will have the distinction of being the first chicken meat supplier to go public in Hong Kong, but analysts fear there may be limited appetite for the offering.19 Sep 2007 - 12:00am
DaChan Food (Asia), a major supplier of chicken meat to McDonald's and KFC on the mainland, is seeking to raise as much as HK$930 million from an initial public offering.15 Sep 2007 - 12:00am
DaChan Food (Asia), a major supplier to KFC in the mainland planning an up to US$200 million initial public offering, expects to benefit from growing chicken consumption in the country on the back of a rising economy.10 Sep 2007 - 12:00am