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Trading ideas: Serba Dinamik, Kelington, Ecobuilt, Milux, GHL, Genetec
KUALA LUMPUR: JF Apex Research expects Serba Dinamik Holdings Bhd, Kelington Group Bhd, Ecobuilt Holdings Bhd, Milux Corp Bhd, GHL Systems Bhd and Genetec Technology Bhd to be among the stocks to watch on Tuesday.
India’s two richest men caught in crossfire over farming
MUMBAI: Two of India’s richest men have landed in an unlikely controversy over farming laws, becoming targets of protesters who allege the tycoons have benefited from their close links to Prime Minister Narendra Modi.
Sime Plantation wants to engage on ban issues
KUALA LUMPUR: Sime Darby Plantation Bhd (SDP), which has sternly rebuffed allegations by US Customs and Border Protection (CBP) on forced labour in its production process, is frustrated that there are no signs of communication about the investigation evidence in the past six months.
Boeing agrees to US$2.5bil settlement of US criminal probe into 737 MAX crashes
WASHINGTON/SEATTLE/CHICAGO: Boeing Co will pay over US$2.5 billion to resolve a U.S. investigation into criminal conspiracy charges related to two deadly 737 MAX crashes that killed 346 people, the Justice Department said, but the plane maker will not be required to plead guilty.
Withhold release order against Sime negative
PETALING JAYA: Moody’s Investors Service said the United States Customs and Border Protection withhold release order (WRO) against palm oil giant Sime Darby Plantation Bhd’s (SDP) products, which is premised on forced labour allegations, is credit negative.
US govt order against Sime Plantation credit negative, Moody's says
KUALA LUMPUR: Moody’s Investors Service said the United States Customs and Border Protection withhold release order (WRO) against palm oil giant Sime Darby Plantation Bhd's (SDP) products, which is premised on forced labour allegations, is credit negative.
Malaysia committed to cap total oil palm planted area at 6.5m hectares
KUALA LUMPUR: Malaysia will maintain its plan to limit total oil palm cultivated area at 6.5 million hectares, according to Plantation Industries and Commodities Ministry Secretary General Ravi Muthayah.
Carl Icahn sells Herbalife stake worth US$600milOctogenarian billionaire investor gives up board seats
LOS ANGELES: Billionaire investor Carl Icahn will sell about US$600mil-worth of his stake in Herbalife Nutrition Ltd, further winding down his holdings in the nutritional-supplements company after a tumultuous eight-year investment.
MPOCC concerned over US import ban
KUALA LUMPUR: The Malaysian Palm Oil Certification Council (MPOCC) has observed with great concern over the US ban on Sime Darby Plantation Bhd which cited allegations of forced labour in its production process.
