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CEO: GHope expects to beat first half profits
GOLDEN Hope Plantations Bhd (GHope) expects its profit for the second half of its financial year to June 2004 to exceed that of the first half due to higher crude palm oil (CPO) prices, said chief executive officer Sabri Ahmad.
Tradewinds, JTop plan plantation merger
PLANTATION groups Tradewinds Bhd and Johore Tenggara Oil Palm Bhd (JTop) have appointed a merchant bank to devise a scheme to merge their oil palm plantations.
Price of CPO heading toward RM2,000 a tonne
THE spot price of crude palm oil (CPO), which traded above RM1,900 per tonne Thursday, is expected to hit the #8220;magic figure'' of RM2,000 very soon, going by the commodity's continued bullish performance.
CPO price could reach RM2,000 in first quarter
SPOT crude palm oil (CPO) prices are expected to remain firm at RM1,800 per tonne and possibly hit RM2,000 in the first quarter this year on strong fundamentals and amid a tight supply situation.
Guthrie aims high after restructuring
KUMPULAN Guthrie Bhd sees its recent management reshuffles as one of the last major steps before the group could be transformed into a world-class plantations group.
Kulim to expand operations in Malaysia and overseas
PLANTATIONS-BASED Kulim (Malaysia) Bhd plans to expand its upstream and downstream activities in Malaysia, Indonesia and Papua New Guinea (PNG).
Removal of duty a boost for palm oil exporters
LOCAL exporters of processed palm oil will be further encouraged to increase their exports with the proposed abolishment of export duty on crude and refined, bleached and deodorised (RBD) palm olein under Budget 2004.
MD pledges to turn Tomisho around
TOMISHO Holdings Bhd's newly-appointed managing director Ng Ah Chai has pledged to steer the furniture-making company to profitability in two years via strategies that include going upstream.
MOA Inc programme for Bagan Datoh coconut farmers
Local coconut farmers will get a boost in their yield and income with the implementation of MOA (Ministry of Agriculture) Inc at Bagan Datoh.
