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Business 13 Jun 2019 | 12:00 AM

Asia food giant eyes China soy expansion as fever kills hogs

SINGAPORE: Wilmar International Ltd, one of the world’s largest food producers, is planning to boost its soybean crushing capacity in China even as a deadly pig-killing virus cuts demand for animal feed.

Business 14 May 2019 | 12:00 AM

Lower CPO prices to weigh on PPB earnings

PETALING JAYA: The earnings of PPB Group Bhd, a diversified company controlled by billionaire Robert Kuok, are expected to be weighed down by lower crude palm oil (CPO) prices over the next two years.

Business 18 Apr 2019 | 12:43 AM

Affin Hwang initiates coverage on PPB with Hold rating, TP of RM19.50

KUALA LUMPUR: Affin Hwang Capital research has initiated coverage on PPB Group Bhd with a hold rating and a target price of RM19.50.

Business 23 Mar 2019 | 12:00 AM

Top 40 Richest Malaysians: Part 1

ROBERT Kuok is once again Malaysia’s richest man with a net worth of RM43.59bil, despite a fall in his wealth by RM6.32bil from the previous year.

Corporate News 11 Mar 2019 | 12:00 AM

Flour millers in focus as wheat prices drop

PETALING JAYA: Public-listed flour millers have been gaining traction as the raw material price for its main input commodity falls.Wheat prices have been falling on the international markets. Given given that this commodity is a core cost component for millers, this would mean lower costs for these companies.

Corporate News 28 Feb 2019 | 12:09 PM

PPB Group FY18 net profit down 9.1% to RM1.07b

KUALA LUMPUR: PPB Group Bhd's net profit declined by 9.1% to RM1.07bil from RM1.18bil in FY17 mainly due to lower contribution from Wilmar International Ltd and its grains and agribusiness.

Commodities 22 Feb 2019 | 10:55 PM

Wilmar CEO billionaire Kuok targets sweet spot

SINGAPORE Wilmar International Ltd shares fell more than 4 percent on Friday after the Singapore-listed commodity trader said its quarterly net profit halved, mainly due to a provision linked its Australian sugar assets.

Corporate News 21 Feb 2019 | 10:48 PM

Singapore's Wilmar quarter four net profit halves on provision for sugar assets

SINGAPORE: Singapore-listed commodity trader Wilmar International Ltd posted on Thursday a more than 50 percent fall in fourth-quarter net profit from a year earlier, mainly due to a provision linked to sugar milling assets in Australia.

Corporate News 21 Feb 2019 | 10:57 AM

Singapore's Wilmar Q4 net profit halves on provision for sugar assets

SINGAPORE: Singapore-listed commodity trader Wilmar International Ltd posted on Thursday a more than 50 percent fall in fourth-quarter net profit from a year earlier, mainly due to a provision linked to sugar milling assets in Australia.

Plantations 11 Feb 2019 | 10:52 PM

Can 'Big Brother' technology clean up palm oil's image?

LONDON: Some of the world's major palm oil users, including Nestle, Unilever, and Mondelez, are trying out new satellite technology to track deforestation, as pressure grows on them to source the ingredient responsibly