Archived News

27/05/2014 (The Star) - Ta Ann Holdings Bhd saw its earnings in the first quarter ended March 31, 2014 jump more than six times to RM28.7mil from RM4mil in the same period a year earlier, as revenue climbed 41% to RM211.8mil from RM150.3mil.

27/05/2014 (The Star) - Plantations-based Kulim (Malaysia) Bhd's profit from continuing operations surged 171% to RM66.71mil from RM24.60mil a year ago due to higher production and prices for crude palm oil (CPO).

27/05/2014 (Reuters) - Monday's Rotterdam vegetable oil prices at 1600 GMT.

26/05/2014 (Borneo Post) - Despite good export reports, Malaysian palm oil futures fell 2.4 per cent for the week on Friday as stronger ringgit hindered buying interest from foreign investors and refiners.

26/05/2014 (Philippine Daily Inquirer) - Environment Secretary Ramon Paje on Wednesday proposed the conversion of some 8 million hectares of idle, denuded and unproductive lands across the country into oil palm plantations.

26/05/2014 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

26/05/2014 (Sunday Leader) - Watawala Plantations PLC (CSE: WATA) reported revenue of LKR6.2bn for the year ended 31 March 2014 (FY14), up 14.9% YoY. Net profit declined to LKR434m for FY14, from LKR725m recorded in the previous year.

26/05/2014 (The Star) - The economic landscape of Malaysia and China has vastly changed from 40 years ago, when both countries established diplomatic relations with each other.

26/05/2014 (Mongabay.com) - Papua New Guinea's National Court has declared two leases held by Malaysia-based Kuala Lumpur Kepong Berhad (KLK) null and void, and ordered the government to cancel the licenses to convert nearly 40,000 hectares of rainforest and community forest for oil palm plantations, reports the Rainforest Action Network (RAN).

26/05/2014 (Global Indonesia Voice) - Palm oil productions are increasingly important to Indonesian economy for Indonesia is recognized as a world leader for palm oil. In recent years, the significance of the industry has increased in the country due to rising demand for edible palm at home and in other countries.

23/05/2014 (The Star) - RHB Research has upgraded TSH Resources to a Buy rating from Neutral with a raised fair value of RM3.91 from RM3.19.

23/05/2014 (The Star) - RHB Research has upgraded TSH Resources to a Buy rating from Neutral with a raised fair value of RM3.91 from RM3.19.