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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.
Why taking FGV private is the best option
LISTED on June 28,2012, FGV Holdings Bhd was then the world’s second-largest public issue for the year, having successfully raised RM10.4bil, and was ranked as the 25th largest market capitalisation company on Bursa Malaysia with a value of more than RM16bil.
How will FGV fare on early LLA ending with Felda?
A marriage that had been planned to last 99 years and be very fruitful is coming to an end after just nine years.
Kenanga turns positive on IOI Corp
PETALING JAYA: Following guidance from IOI Corp Bhd that there will be no decline in fresh fruit bunch growth for financial year 2021 (FY21), Kenanga Investment Bank Research has turned more positive on the stock.
Kenanga upgrades IOI on improved FFB growth outlook
KUALA LUMPUR: Kenanga Investment Bank Research has turned more positive on IOI Corp Bhd following its guidance that there will be no decline to FY21 fresh fruit bunch growth.
No talks yet on FGV-Felda land lease deal
KUALA LUMPUR: The land lease agreement (LLA) between the Federal Land Development Authority (Felda) and FGV has still not come under negotiation, FGV Holdings Bhd has clarified.
MARC affirms Sime Plantation rating at AAA, stable outlook
KUALA LUMPUR: Malaysian Rating Corporation (MARC) has affirmed Sime Darby Plantation Bhd's (SD Plantation) corporate credit rating at AAA with a stable outlook.
