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IOI Corp Q4 net profit up by 30.1% to RM46.6m
KUALA LUMPUR: Plantation heavyweight IOI Corporation Bhd posted stroger earnings in the fourth quarter ended June 30, 2019 on lower net foreign currency translation loss on foreign currency denominated borrowings and deposits.
Concern over dying rivers
JOHOR BARU: The state governÂment has been urged to take swift action to restore dead or dying rivers in the state to help ensure sustainable long-term water resources.
Cities near equator can expect extreme weather patterns
PETALING JAYA: The highest temperature ever recorded in Malaysia was at 40.1°C in Chuping, Perlis, a small town known for its large sugar cane plantations.
Sabah CM: Mining will not be allowed in ‘Lost World’
KOTA KINABALU: The coal deposits located within Sabah’s pristine Maliau Basin, internationally known as the Lost World, will not be mined, says Datuk Seri Mohd Shafie Apdal.
Kim Loong counts on biogas power supply ops
PETALING JAYA: Plantation and palm oil milling group Kim Loong Resources Bhd expects to reap the earnings from its biogas power supply to the national grid by financial year 2020.
Firm to obtain approval for EMP first
GEORGE TOWN: SRS Consortium, the Project Delivery Partner for the Penang South Reclamation (PSR), has been told to obtain approval for a detailed Environment ManageÂment Plan (EMP) from the DepartÂment of Environment (DoE) before starting the project.
Kumpulan Fima signals that it may be taken private
Could Kumpulan Fima Bhd (KFima) be a privatisation target? The company shows some signs that it falls within the group of companies that tend to get taken private by its owners.
Malaysian palm oil industry sets replanting programme
KUALA LUMPUR: Malaysian palm oil industry players are making concerted efforts towards replanting oil palm trees together with the Malaysian Palm Oil Council (MPOC), says Primary Industries Minister Teresa Kok Suh Sim.
Between FGV and Felda – who needs who more?
The Alternative View by M. Shanmugam A DICHOTOMY of sorts emerged in the shareholders’ meeting of FGV Holdings Bhd.
Short Position
TAN Sri Megat Zaharuddin Megat Mohd Nor lasted only 11 months as chairman of the Federal Land Development Authority (Felda). He was roped in to improve the governance in Felda and resolve its cash-flow problems.
