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PETALING JAYA: Despite 90% of TSH Resources Bhd’s exposure being in Indonesia, this year it is anticipated to fare better with stronger earnings for the group on the back of improved output and higher crude palm oil (CPO) prices, says RHB Research.
CRUDE Palm Oil (CPO) is at a 10-year high. But surprisingly, not all plantation stocks are following the trend.
PETALING JAYA: Kuala Lumpur Kepong Bhd (KLK) is targeting a 10% increase in fresh fruit bunch (FFB) output for this year.
Strong CPO prices might be a factor in prospective agreements
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.
PETALING JAYA: The current crude palm oil (CPO) prices of above RM3,000 per tonne bodes well for plantation companies although volatility remains
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.