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Boustead to list plantation division next year, add more land-bank

PETALING JAYA: Boustead Holdings Bhd is planning to create another plantation giant by listing its plantation division next year. It is also eyeing to add more plantation land-bank to its portfolio.


Boustead shareholders approve Al-Hadharah privatisation

KUALA LUMPUR: Shareholders of Boustead Holdings Bhd has approved the privatisation of the Al-Hadharah Boustead REIT, which would pave the way to consolidate the group's plantation business under an enlarged Boustead Plantations Bhd.


Harn Len jumps after RM184m land sale

KUALA LUMPUR: Shares of Harn Len Corporation jumped early Monday after the company expected to gain RM140.76 mil from the sale of its plantation land in Lahad Datu, Sabah land for RM184mil.


Boustead buys RM185m land in Sabah to expand palm oil business

KUALA LUMPUR: Boustead Plantations Bhd’s unit Boustead Rimba Nilai Sdn Bhd has bought two parcels of land in Sabah worth RM184.59mil to expand its oil palm business.


Boustead to take Al-Hadarah private

PETALING JAYA: Boustead Holdings Bhd said it will privatise its Islamic plantation REIT, Al-Hadharah Boustead REIT, at RM2.10 per share, confirming a StarBiz report on Monday.


Boustead confirms privatisation of Al-Hadharah Boustead REIT

Boustead Holdings Bhd said it will privatise its plantation-based Al-Hadharah Boustead REIT at RM2.10 per share, confirming a report by StarBiz.


Boustead units will appeal Sibu High Court ruling against the companies over NCR land

KUALA LUMPUR: Boustead Holdings Bhd subsidiaries will appeal against a Sibu court decision, which had ruled against an agreement over the development of native customary rights (NCR) land.


Sime’s genome success a tough act to follow

PETALING JAYA: Sime Darby Bhd's major breakthrough to completely sequence, assemble and annotate the oil palm genome with 93.8% completeness will be a tough act to follow by the palm oil custodian, the Malaysian Palm Oil Board (MPOB) and other plantation companies.


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Cloned oil palms push up AAR revenue

Agricultural advisory firm Applied Agricultural Resources Sdn Bhd (AAR) expects a 20% growth in revenue over the next decade, driven mainly by sales of oil palm plantlets derived from a cloning process, said chief executive officer Dr Soh Aik Chin.