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GOLDEN Hope Plantations Bhd expects to achieve at least RM550mil in pre-tax profit annually for the financial years ending June 30, 2004, onwards following its recent rationalisation exercise with Island Peninsular Bhd (IP).
After advancing for a solid one-and-a-half quarters, the question now is what is in store for the KLSE in the fourth quarter?Fund managers and analysts polled by I>StarBiz/Igenerally felt the CI would go up.They also made their favourite stock picks, which are not limited to just the high-flyers.
Sidek Kamiso writes on Avenue Assets, FBO, MCM Tech, DXN and MK Land.
FELDA Holdings Bhd is expected to be listed on the KLSE main board by early next year, after the completion of the valuation of assets and other related matters, said chairman Tan Sri Dr Mohd Yusof Noor.
IOI Corp Bhd expects crude palm oil (CPO) prices to remain at the current RM1,700 per tonne level until the first quarter next year.
FPG Oleochemicals Sdn Bhd, a joint collaboration between Felda Palm Oil Industries Sdn Bhd and Procter Gamble, has received the I>Grand Award 2003/Ifor its outstanding performance in the manufacturing of oil and gas category by Malaysian Society of Occupational Safety and Health.