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Genting Plantations buys 85% stake in oil palm firm

19 August 2017

KUALA LUMPUR: Genting Plantations Bhd is stepping up its upstream expansion in Indonesia by buying an 85% stake in a oil palm plantation operation in South Kalimantan for US$94.97mil (RM407.39mil) in cash.

Firmer close for KLCI on Petronas Chemicals, GentingM

17 August 2017

KUALA LUMPUR: Blue chips closed on a slightly firmer note on Thursday, underpinned by gains in Petronas Chemicals, Genting Malaysia and RHB Bank while the ringgit climbed against several currencies including the US dollar.

Plantations, Hong Leong Bank lift KLCI early Thursday

17 August 2017

KUALA LUMPUR: Mild buying of plantation stocks Kuala Lumpur Kepong (KLK) and PPB Group and also Hong Leong Bank underpinned the FBM KLCI’s slight gains early Thursday while key Asian markets were also firmer.

Forex loss, weaker oleochemical business weigh on KL Kepong

15 August 2017

KUALA LUMPUR: Plantation-property based Kuala Lumpur Kepong (KLK) saw its earnings fall by half in the third quarter ended June 30, 2017 on forex translation losses, weaker oleochemical business and decline in property sales.

Bursa Malaysia closes on firm note

14 August 2017

KUALA LUMPUR: Genting Malaysia, IHH Healthcare and Petronas Chemicals (PetChem) underpinned the FBM KLCI firm performance on Monday tracking key Asian markets.

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