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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.
However, RHB Investment Bank said the offer is “not fair but reasonable”.
Planters unable to leverage on decade-high CPO prices
Failure to comply may result in severe consequences
PETALING JAYA: The current crude palm oil (CPO) prices of above RM3,000 per tonne bodes well for plantation companies although volatility remains
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.
Plantation group expects good performance in FY21
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.
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.
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.