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KUALA LUMPUR: Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives will have more room to grow next week, driven mainly by the latest supply and demand data scheduled in the next few days.
AMONG the comments that were made at the of second quarter earnings season ended three months ago is that we have probably seen the worse in terms of earnings disappointment and investors should see better performance among our corporates going forward.
Sustainability is here to stay and will be incorporated in business decisions.
There were two major listings that would likely have different repercussion on the region and Malaysia in the last two weeks.
IN July, a nondescript article from an online portal touched on a big issue – that the government was looking to exploit Malaysia’s treasure trove of mineral reserves.
PETALING JAYA: MMC Corp BHD (MMC) has been awarded a RM131.4mil engineering, procurement, construction and commissioning (EPCC) contract from Petronas Gas Bhd.
KUALA LUMPUR: Petrofac Ltd, the UK-listed oilfield service provider, is weighing a sale of its Malaysian assets for about US$300mil, according to people with knowledge of the matter.
KUALA LUMPUR: Sime Darby Plantation Bhd (SDP) said its board of directors has approved the company’s divestment of its entire 100% stake in Sime Darby Plantation Liberia Inc (SDPL) to Mano Palm Oil Industries (MPOI).
KUALA LUMPUR: The rally in crude palm oil (CPO) prices underpinned the plantations advance and helped lift the FBM KLCI while the broader market perked up in line with the key Asian markets on hopes of a US-China trade deal.
SEOUL: Oil sputtered near US$58 a barrel as the Opec+ coalition failed to pin down the details of an agreement to adjust its official output target even after six hours of talks in Vienna.