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PPB Group Bhd, the flagship company of the Kuok family in Malaysia, will spend RM275mil this year to expand and enhance earnings growth.
PPB Oil Palms Bhd
THE solid earnings reported recently by leading local plantation companies largely reflect the buoyancy of the crude palm oil (CPO) market last year, when prices rose by an average of 50% to RM1,343 per tonne compared with the lacklustre average price of RM893 per tonne in 2001.
MAJOR plantation group PPB Oil Palms Bhd has recorded an almost four-fold increase in group pre-tax profit to RM168.6mil for its financial year ended Dec 31, 2002, from RM47.2mil a year earlier, in line with the strong results reported by plantation companies recently.
MALAYSIAN plantation companies with interests in oil palm plantations in Indonesia will be in a better position to reap good profits from their long-term investments for financial year 2003-2004, thanks to rising crude palm oil (CPO) prices and anticipation of higher oil extraction rate from matured palm hectarage.
From-loaded pump priming targeted at the stock market is deemed the quickest way to fuel the economy. In a recent report, research house UOB Kay Hian explains why exactly.
FFM Bhd, which owns the country#039;s largest flourmill, is not only in flour business. It is also into edible oil refinery, animal feeds and poultry farming, shipping and the manufacture of polybags.
Will it hurt to look at the stock market in 2003? What are the stocks worth putting your money in?
PRICES of generic drugs are rising almost twice as rapidly as prices of brand-name drugs, even as many insurers and the Bush administration are pressing Americans to switch in the name of saving money.
The first part yesterday of the roundtable discussions dwelt on the KLSE#8217;s lacklustre performance for 2002, and the factors contributing to its weakness. The concluding part talks about the market#8217;s probable outlook for this year, given the looming prospect of war in Iraq.