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PETALING JAYA: While the first half of IOI Corp Bhd’s financial year ending June 30, 2013 missed estimates by a tad, the company’s second half is expected to be anchored by firmer crude palm oil (CPO) prices, its downstream operations and robust property sales, analysts said.
PETALING JAYA: Analysts have mixed views on the 3.1-acre British High Commission land S P Setia Bhd acquired for RM295mil.
THE sector posted substandard results for the third consecutive quarter. While earlier quarters disappointed on steep fresh fruit bunch (FFB) production declines due to tree stress, third quarter of 2012 results were primarily impacted by a plunge in crude palm oil (CPO) average selling price (ASP) and higher costs, which offset a rebound in production.
PETALING JAYA: Felda Global Ventures Holdings Bhds (FGVH) third quarter financial results are likely to disappoint.
TANJUNG Offshore Bhds burgeoning offshore supply vessel (OSV) arm got a new lease of life this week as one half of Icon Offshore Bhd, putting it a step closer to becoming a key player in the region under its new parent Ekuiti Nasional Bhd (Ekuinas).