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THE merger of United Plantations Bhd (UP) and United International Enterprises (M) Bhd (UIEM), two of the most efficient plantation companies in the country, is expected to contribute significantly to UP#146;s profit this year.
UNITED Plantations Bhd (UP), one of Malaysia's oldest plantation companies, has impressed shareholders with its generous and consistent dividend payouts over the past 13 years.
IN an effort to counter its financial problems of the past, Sistem Televisyen Malaysia Bhd (TV3) recently requested the approval of its shareholders for a debt-restructuring plan. The green light was given.
MALAYSIAN Derivatives Exchange Bhd (MDEX) will look into the possibility of introducing three-year Malaysian Government Securities (FMG3) futures and long-term 10-year FMG10 based on the success of the country's first bond futures contract, the five-year FMG5.
BARRING any unforeseen circumstances, the price of crude palm oil (CPO) is likely to recover and exceed the RM1,600 per tonne mark again by next month compared with its current level of slightly above RM1,500 per tonne, according to I>Oil World/Ieditor-in-chief Thomas Mielke.