Planters set to ride on CPO price rise

[ad_1] PETALING JAYA: UOB Kay Hian (UOBKH) Research is keeping its upbeat outlook on the plantation sector, fuelled by expectations that crude palm oil (CPO) prices will trend higher from…

KNM, Maybulk, Hartalega, PPB, CLMT, Lagenda Properties, Dayang Enterprise, Bintai Kinden, Protasco, Lion Industries, Axis REIT, Hextar Industries, TH Plantations and Ingenieur Gudang

[ad_1] KUALA LUMPUR (Sept 5): Here is a brief recap of some corporate announcements that made the news on Tuesday, involving KNM Group Bhd, Malaysian Bulk Carriers Bhd (Maybulk), Hartalega…

PLS Plantations posts bigger net loss in 4Q

[ad_1] PETALING JAYA: PLS Plantations Bhd will continue with its sanitation and rehabilitation works, as well as good plantation practices to improve the production yield of its oil palm estates…

Malaysian palm firm KLK to buy stake in peer Boustead Plantations for $248 million

[ad_1] SINGAPORE/KUALA LUMPUR :Malaysian palm oil firm Kuala Lumpur Kepong Berhad said on Thursday it plans to buy a 33 per cent stake in smaller rival Boustead Plantations for 1.15…

Commodities, plantations counters weigh on Bursa

[ad_1] KUALA LUMPUR: Malaysia’s benchmark stock index was led lower by selling in commodities and plantations counters as concerns over the global economy sapped investor confidence. At 12.30pm, the FBM…

FBM KLCI led lower by banks, plantations

[ad_1] KUALA LUMPUR: Malaysia’s benchmark stock index was slightly lower in the morning session although the overall market was buoyed by positive sentiment following the conclusion of the state elections.…

Trading ideas: Genting Malaysia, Parkson, Sunview, Unisem, ViTrox, Titan, United Plantations, Kossan

[ad_1] KUALA LUMPUR: Companies with recent corporate announcements that could see share price movement include Genting Malaysia, Parkson, Sunview, Unisem, ViTrox, Titan, United Plantations, Kossan Rubber Industries, Guocoland, Ramssol, China…

Sime Darby Plantation formulates 5-year strategy to drive growth, sustain market leadership

[ad_1] KUALA LUMPUR: Sime Darby Plantation Bhd (SDP) has formulated a strategy charter for 2023-2027 to drive the company’s growth and sustain its market leadership. Its chairman Tan Sri Megat…

United Plantations 1Q net profit jumps 88% to RM112mil

[ad_1] PETALING JAYA: United Plantations Bhd believes that 2023 has started out on a bearish note, with slow trading activity and palm oil prices having eased considerably from the historical…

Harn Len to acquire 100% stake in Almal Resources for RM54.72mil

[ad_1] KUALA LUMPUR: Harn Len Corp Bhd is acquiring 100 per cent equity interest in Almal Resources Sdn Bhd (ARSB) from Datuk Mohamed Nizam Mohamed Jakel for RM54.72 million. In…