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Divergent views on FGV takeover
IN a rare instance of a corporate takeover, the independent directors of a listed company have expressed different assessments of the deal as compared to what the independent advisers have said.
Felda offer of RM1.30 a share for FGV not fair, reject offer
However, RHB Investment Bank said the offer is “not fair but reasonable”.
Labour shortage in plantations needs attention
Planters unable to leverage on decade-high CPO prices
Oil palm planting halt in Sarawak for timber firms
Failure to comply may result in severe consequences
KLK to prioritise operational efficiencies to drive performance
PETALING JAYA: The current crude palm oil (CPO) prices of above RM3,000 per tonne bodes well for plantation companies although volatility remains
Chin Teck Plantations sees tight labour situation
PETALING JAYA: Chin Teck Plantations Bhd expects a very tight labour situation in the financial year ending Aug 31,2021 (FY2021) given the restrictions imposed on international travellers.
Kim Loong sees no major impact on ops
Plantation group expects good performance in FY21
High CPO prices to stay until Q1 2021
PETALING JAYA: The Malaysian Palm Oil Board (MPOB) expects the current high prices of crude palm oil (CPO) trading above RM3,000 per tonne mark will continue until the first quarter of 2021, given the tight supply situation.
Palm oil demand will be limited if prices continue to rise
SINGAPORE/JAKARTA: Palm oil demand may be restrained next year, as supply shortages triggered by unfavourable weather, infrastructure issues and the COVID-19 pandemic push prices up further, analysts told a virtual palm oil conference on Thursday.
Maybank IB Research raises IOI Corp to Hold, ups TP
KUALA LUMPUR: IOI Corporation may not fully benefit from the recent spike in crude palm oil (CPO) price in 1QFY21E due to the usual one-month forward sales typical of integrated players, Maybank Investment Bank Research says.
