KLK, PPB Group post better earnings on high CPO prices

STRONG crude palm oil prices continued to drive plantation companies' earnings higher, as reflected by the substantial jump in the profits of Kuala Lumpur Kepong Bhd (KLK) and PPB Group Bhd.

News in brief

PPB Group to take FFM private

DIVERSIFIED conglomerate PPB Group Bhd is proposing to take its 54%-owned subsidiary FFM Bhd, the country's largest flour miller, private via a share swap and cash payment.

News in brief

News briefs on Southern Bank, CAHB and other firms.

MNI Holdings expects to turnaround

Stockwatch by Yvonne Chong.

PPB units to build palm oil mill in Sabah

PPB Group Bhd's indirect subsidiary, Minsec Engineering Services Sdn Bhd, has entered into an agreement with Sri Kamusan Sdn Bhd, also an indirect subsidiary of PPB, for the construction of a palm oil mill.

Plantation stocks surge to year’s high

WHILE the broad market succumbed to heavy profit-taking yesterday, plantation stocks continued to rally, fuelled by the optimistic outlook in crude palm oil (CPO) prices.

News in brief

News in brief on Petra Perdana, APP Industries and Consolidated Farms.

Sarawak Yang di-Pertua Negri's birthday honours list

Versus the CI

Izwan Idris writes on Bandar Raya, PSC Industries, Engtex, PPB Group and CN Asia.