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PETALING JAYA: IOI Corp Bhd, armed with a war chest of about RM960mil from the disposal of its 70% equity interest in Loders Croklaan, could likely be on an acquisition trail, moving forward.
On Oriental’s automotive segment, despite various challenges, there appear to be silver linings such as the new models of vehicles introduced in early 2020 that have generated some excitement, and the Bank Negara’s revision of the overnight policy rates
KUALA LUMPUR: When Shell engineer Incham Serdin quit his job four years ago to start a small palm plantation in his native Malaysia, prices of the fleshy fruit bunches used to make the world's most-consumed vegetable oil were bubbling near their peak
JAKARTA: Indonesia is likely to delay plans to raise bio-content in palm oil-based biodiesel to 40%, and keep going with an already ambitious 30% content, a senior official said, amid speculation that low crude prices could force a government re-think.
PETALING JAYA: Planter FGV Holdings Bhd, which is in the midst of its transformation journey, will work hard towards mitigating the impact of Covid-19 and take advantage of the opportunities that may present themselves.
However, acquisition may not be earnings accretive in the near term
KUALA LUMPUR: Tenaga Nasional Bhd (TNB), Telekom Malaysia Bhd, Eden Inc Bhd, Malayan United Industries Bhd (MUI), Priceworth International Bhd and APFT Bhd are among the stocks to watch on Thursday, according to JF Apex Research.
PETALING JAYA: After more than three years, Priceworth International Bhd has decided to terminate a sales and purchase agreement to acquire timber extraction and replanting rights in a forest reserve area in Sabah.
LONG before durians were a hot commodity, Tan Sue Yee’s family was already converting parts of their oil palm plantation into durian orchards.
KUALA LUMPUR: PublicInvestment Research is maintaining its Outperform call on TSH Resources with an unchanged target price of RM1.55 as it remains positive on the crude palm oil (CPO) price outlook for 2020 with an average CPO price assumption of RM2,600 a tonne.