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KUALA LUMPUR: Sime Darby Plantations Bhd posted a 93% increase in net profit to RM1.69bil for the nine months ended March 31, 2018 due to stronger overall fresh fruit bunches (FFB) production, lower finance costs and non-recurring gains.
KUALA LANGAT: Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi has promised to build homes for the lower income group in Kuala Langat if Barisan Nasional regains Selangor.
KOTA KINABALU: The state Tourism, Culture and Environ-ment Ministry is hoping to come up with a feasible long-term solution to solve ongoing elephant-human conflicts in Telupid district.
KUALA LUMPUR: JF Apex Research expects Muhibbah Engineering (M) Bhd, Gas Malaysia Bhd, Vivocom International Holdings Bhd, Sime Darby Plantations Bhd and Axiata Group Bhd to be among the stocks to watch on Friday.
KUALA LUMPUR: When Malaysia’s biggest plantation company Sime Darby Bhd leased 220,000 ha of lush forest in northwest Liberia in 2009, executives said they had found a much needed new frontier in global palm oil development.
KUALA LUMPUR: PublicInvest Research has initiated coverage of Sime Darby Plantation with a Neutral call and a target price of RM5.68.
PETALING JAYA: Not surprisingly Bursa Malaysia failed to hold on to its gains generated during “window dressing” activities last week as it fell 14.11 points on the first day of trading in the new year. The stock market fell despite the ringgit rising to a 16-month high against the US dollar.