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KUALA LUMPUR: The newly-launched 1Malaysia Biomass Alternative Strategy Initiative (1MBAS) has been tasked to look at ways for all groups to enjoy maximum benefit from opportunities created by developing high-value products from biomass.
PETALING JAYA: Sinergi Perdana Sdn Bhd, a government-initiated agricultural consortium, is poised to be one of the country’s major fertiliser producers in the near future, said chief executive officer Mohd Zaid Jalil.
PETALING JAYA: Bursa Malaysia has stopped the trading in Green Ocean Corp Bhd’s shares less than half an hour before the market closed due to unusual market activity earlier in the day.
POISON pen letters. A street demonstration in Kuala Lumpur. Allegations of sabotage attempts by “traitors” in Federal Land Development Authority (Felda). These were among the interesting recent news reports related to Felda Global Ventures Holdings Sdn Bhd (FGVH), which is en route to a listing on Bursa Malaysia Main Market in April 2012.
PETALING JAYA: TSH Resources Bhd has projected a capital expenditure (capex) of between RM750mil and RM1bil over the next five years to cultivate more hectarage and to build more mills to process crop. Chairman Datuk Kelvin Tan said it would be funded by TSH’s internal cash flows, and some borrowings for any new acquisitions.