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Kasitah quits as Minister

Land and Co-operative Development Minister Tan Sri Kasitah Gaddam has submitted his letter of resignation to Prime Minister Datuk Seri Abdullah Ahmad Badawi.


Tradewinds waiting for fresh proposal

TRADEWINDS (M) Bhd disclosed yesterday that it had rejected an earlier proposal from Johore Tenggara Oil Palm Bhd (JTop) to merge their plantation assets.


PPB Group upbeat on outlook for earnings

THE improving economic environment and strong commodity prices are expected to help fuel the earnings growth of PPB Group Bhd, which has posted record pre-tax profits for the past two years.



IN relation to our article 'I>Tradewinds waiting for fresh proposal'/Iyesterday, PPB Group Bhd corporate affairs senior manager Koh Mei Lee said that its executive chairman Ong Ie Cheong was not speaking on behalf of the board of Tradewinds (M) Bhd in his comments on the merger of the plantations assets of Tradewinds and Johore Tenggara Oil Palm Bhd 'or on any other matter in relation to the proposed merger.''


Select plantation stocks on analysts’ radar screens

MOST research houses have placed a 'buy' call on plantation stocks, especially select pure plantation players, in anticipation of continued bullishness in crude palm oil (CPO) prices and tightness in global edible oils supply.


Milling to remain FMM’s core trade

FFM Bhd, which secured shareholders' approval yesterday to be taken private by parent PPB Group Bhd, expects milling, trading and refinery business to remain its core businesses.


PPB Oil Palms eyes more land purchases in Indonesia

PPB Oil Palms Bhd is eyeing the acquisition of an additional 30,000ha in Indonesia, especially in Central Kalimantan, this year as part of an ongoing expansion of its oil palm plantation, said executive chairman Tan Yew Jin.



Danny Yap writes on Kinta Kelas, MAHB, AMMB, DK Leather and PBB Oil.


PPB Hartabina upbeat on Segar Courts

PPB Hartabina Sdn Bhd expects brisk sales of Segar Courts, a low-density apartment project it is developing in Cheras and launched yesterday, said director Eapen Thomas.


Marginal pass on governance for many firms

A MARGINAL pass in corporate governance disclosures was the best a majority of the largest 95 Bursa Malaysia-listed firms could muster, findings from a new corporate reporting survey revealed yesterday.