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KLK to up FFB output this year
PETALING JAYA: Kuala Lumpur Kepong Bhd (KLK) is targeting a 10% increase in fresh fruit bunch (FFB) output for this year.
Flood situation in several states worsens, more victims evacuated
KUALA LUMPUR (Bernama): Kelantan and Perak have become the latest states to be hit by floods while the number of evacuees in Johor, Pahang and Terengganu continues to increase on Monday (Jan 4) morning.
Stock picks for 2021
The good news is the worst appears to be over, and some stock markets have already recovered all their losses over the year. Within Asean, Bursa Malaysia is one example.
KLK to prioritise operational efficiencies to drive performance
PETALING JAYA: The current crude palm oil (CPO) prices of above RM3,000 per tonne bodes well for plantation companies although volatility remains
Public Bank powers KLCI to firmer close after bonus news
KUALA LUMPUR: Public Bank underpinned the FBM KLCI’s strong close on Wednesday as investors cheered its historic four bonus shares for each share held.
Ousting of Ahmad Faizal may be due to past issues that upset Umno, claims Najib
PETALING JAYA: The ousting of Datuk Seri Ahmad Faizal Azumu as Perak Mentri Besar may be the result of a few matters in the past that upset Umno, claims Datuk Seri Najib Razak.
Bursa presses pause button after sharp rebound
KUALA LUMPUR: Bursa Malaysia closed lower on Wednesday as investors decided to lock in their gains from the previous day’s rebound, mirroring the key Asian markets.
Top Glove, Budget worries weigh on sentiment
KUALA LUMPUR: Investors' concerns about whether the Budget 2021 would get majority approval in Parliament on Thursday and the closure of some of Top Glove's plants weighed on Bursa Malaysia at midday on Tuesday.
Sime Plantation to deliver best quarterly in 4Q
KUALA LUMPUR: Sime Darby Plantation is expected to deliver its best quarterly in the fourth quarter of 2020 on better crude palm oil (CPO) price, Maybank Investment Bank Research says.
Batu Kawan grabs spotlight with CCM move
Between the two listed stocks, Batu Kawan Bhd and its 47%-owned Kuala Lumpur Kepong Bhd (KLK), it is the latter that generates investor interest for being a key player in the palm oil industry here and in Indonesia.
