Summary of business stories from Feb 15 to 20

Public Bank, glove makers, jobs in demand during Covid-19 and Proton

Slick year for CPO

KUALA LUMPUR: Sime Darby Plantation Bhd (SDP), which returned to the black in financial year 2020 (FY20), will be appointing another international independent third-party to review and audit its operations in a bid to tackle mounting forced labour allegations.

Trading ideas: Sime Plantation, Iris, MFM, Opcom, Puncak Niaga

KUALA LUMPUR: Sime Darby Plantation, Iris Corporation, Malayan Flour Mills, Puncak Niaga and TDM are among the stocks which could see trading interest on Monday, according to TA Securities Research.

No systemic issues in ops, says Sime Darby Plantation

PETALING JAYA: Sime Darby Plantation Bhd (SDP) says there has been no systemic issues in its operations based on the company’s recent internal assessments conducted on its entire operations in Malaysia, quashing the forced labour allegations in its production process.

No systemic issues in operations, Sime Plantation says

Sime Plantation wants to engage on ban issues

KUALA LUMPUR: Sime Darby Plantation Bhd (SDP), which has sternly rebuffed allegations by US Customs and Border Protection (CBP) on forced labour in its production process, is frustrated that there are no signs of communication about the investigation evidence in the past six months.

ESG gains more importance

Firms need to be mindful as investors emphasise it

Withhold release order against Sime negative

PETALING JAYA: Moody’s Investors Service said the United States Customs and Border Protection withhold release order (WRO) against palm oil giant Sime Darby Plantation Bhd’s (SDP) products, which is premised on forced labour allegations, is credit negative.

US govt order against Sime Plantation credit negative, Moody's says

KUALA LUMPUR: Moody’s Investors Service said the United States Customs and Border Protection withhold release order (WRO) against palm oil giant Sime Darby Plantation Bhd's (SDP) products, which is premised on forced labour allegations, is credit negative.

MPOCC concerned over US import ban

KUALA LUMPUR: The Malaysian Palm Oil Certification Council (MPOCC) has observed with great concern over the US ban on Sime Darby Plantation Bhd which cited allegations of forced labour in its production process.