UMB may return to profitability in FY21

KUALA LUMPUR: United Malacca Bhd (UMB) is expected to return to profitability in the financial year 2021 (FY21) with a core net profit of RM22mil, says CGS-CIMB Research.

Green issues hold up UMB’s plans

No sweet start for huge stevia-planting project in Sulawesi

Citi’s US$900mil blunder ups stakes in Revlon clash

United Malacca to plant cash crops in Indonesia

Analysts say RM120mil-RM180mil needed for venture

UMB to focus on Indonesia venture

PETALING JAYA: United Malacca Bhd (UMB) will put on hold potential mergers and acquisitions (M&As) to focus on its large-scale commercial cash crop venture in Sulawesi, Indonesia.

The Galaxy S10’s pinhole inspires some top-notch wallpapers

The laser-cut pinhole camera on the Samsung Galaxy S10 and S10+ has become the inspiration for wallpapers with creatively-placed characters and items.

Tan Chong 'buy', Kossan Rubber 'buy', United Malacca 'underperform', Property 'neutral'

TAN Chong Motor’s management yesterday hosted an analyst briefing after announcing the termination of its joint venture (JV) with Nissan Motor in Nissan Vietnam Co Ltd (NVL).

United Malacca profit plunges on lower CPO and palm kernel prices

PETALING JAYA: The earnings of local plantation group United Malacca Bhd (UMB) took a steep plunge by nearly 71% year-on-year (y-o-y) in its fourth quarter ended April 30, primarily on the back of lower average prices of crude palm oil (CPO) and palm kernel (PK).

BToto 'outperform', United Malacca 'buy', Chin Hin 'outperform', Mynews 'hold'

BERJAYA Sports Toto Bhd’s (BToto) higher ticket sales year-on-year (y-o-y) in the second quarter of financial year 2018 (FY18) is a “positive sign”, according to Kenanga Research.

United Malacca going big in cash crop venture

Stevia, coconut, coffee and cocoa planting in Indonesia may become major contributor to profit