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SERDANG: The negative perceptions of Western non-governmental organisations (NGOs) on oil palm cultivation with regards to environment and sustainability practices must be appropriately addressed by palm oil industry players, said Malaysian Palm Oil Board (MPOB) chairman Datuk Sabri Ahmad.
ECOFUTURE Bhd ended its debut trading day on the Mesdaq market yesterday with 10.5 sen gain against its initial public offering (IPO) price of 25 sen on volume of 28.2 million shares, after opening 15 sen higher at 40 sen. The share price touched an intraday high of 50 sen.
THIS week all eyes will be on how Indonesia and Malaysia, the world’s top two largest crude palm oil (CPO) producers, deftly tackle the issue on haze currently polluting the air over Singapore, Malaysia and Indonesia.
KUALA LUMPUR: Sime Darby Bhd’s third quarter ended March 31 net profit increased 6.8% to RM876mil on the back of a 8.8% increase in revenue to RM11.03bil compared with the previous corresponding period on better results from the plantation, industrial and property divisions. Earnings per share increased to 14.58 sen from 13.65 sen previously.
AFTER the exit of Datuk Mohd Bakke Salleh, the task of managing Felda Global Ventures Holdings Sdn Bhd and Felda Holdings Bhd is once again entrusted in the hands of another Felda outsider, Datuk Sabri Ahmad.