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PPB Group Bhd chalked up a 84% rise in pre-tax profit to RM171mil in the second quarter to June from RM93.2mil in the same period last year due to higher palm product prices and better performance in its edible oils refining, sugar refining, grain and feed-milling divisions.
Three corporate captains featured in Thursday's CEO Outlook series: Datuk Nazir Razak of CIMB, Datuk Lee Oi Han of Kuala Lumpur Kepong Bhd (KLK) and Carl Bek-Nielsen of United Plantations Bhd (UP) - scions of Malaysia's most prominent families
The KLSE Composite Index (CI) made further gains yesterday, rising nearly six points to 890 on investor confidence that the Barisan Nasional line-up for the general election would secure a landslide victory and bigger majority.