Archived News

12/02/2016 (Reuter) - Malaysian state-owned conglomerate Felda will use an unlisted unit to buy into Indonesian tycoon Peter Sondakh's debt-burdened Rajawali Group, sources familiar with the matter said, seeking to avoid heavy investor criticism that scuttled an attempted deal last year.

12/02/2016 (Bernama) - Malaysian Rating Corporation Bhd (MARC) has assigned a preliminary rating of AAIS to Sime Darby Bhd's Perpetual Subordinated Sukuk Programme of up to RM3 billion.

12/02/2016 (Bernama) - Oriental Holdings Bhd's (OHB) unit OBS Pte Ltd has received approval from Indonesia's Ministry of Law and Human Rights to acquire PT Sumatera Sawit Lestari (PT SSL) for RM2.84 million.

12/02/2016 (Bernama) - Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives closed higher today on expectation of lower production.

12/02/2016 (Bernama) - Kulim (M) Bhd's unit PT Wisesa Inspirasi Nusantara (PT WIN) has entered into a proposed acquisition of four Indonesian companies for a total of RM509.35 million, with 95 per cent equity interest in each company.

12/02/2016 (Thomson Reuters Foundation) - A new, stricter standard for sustainable palm oil aims to unify business efforts to stop deforestation and respect local people's rights when developing plantations, while boosting consumer demand for the product.

12/02/2016 (Business Standard) - In restricted activity, palmolein oil prices inched up by Rs 50 per quintal at the wholesale oils and oilseeds market today on mild demand from retailers.

12/02/2016 (Tribune.com.pk) - Malaysia and Pakistan are potential markets and there is a lot of scope for enhanced two-way trade, said Malaysian High Commissioner Dr Hasrul Sani Mujtabar while talking to Lahore Chamber of Commerce and Industry (LCCI) Senior Vice President Almas Hyder and Vice President Nasir Syed.

12/02/2016 (Reuters) - Malaysian palm oil futures rose on Thursday, reversing losses made in the previous trading session, over concerns that weather could hurt output.

11/02/2016 (Reuters) The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

11/02/2016 (Reuters) - Wednesday's Rotterdam vegetable oil prices at 1700 GMT.

11/02/2016 (Bloomberg) - Palm oil shipments from Indonesia probably dropped the most in almost two years in January after domestic biodiesel makers increased purchases amid a decline in production.