PETALING JAYA: Sarawak-based listed plantation firms faced mild selling pressure, following reports that Wilmar International Ltd would discontinue buying crude palm oil (CPO) from some plantations in Sarawak from 2016.
Ta Ann Holdings Bhd
and Sarawak Oil Palms Bhd (SOP) were among the top losers on the local bourse for the day, shedding 15 sen or 3.6% and 19 sen or 3% respectively while Jaya Tiasa Bhd and TH Plantations shed two sen each off their share price.
Already a subscriber? Log in
Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.
Cancel anytime. Ad-free. Unlimited access with perks.
