Archived News

03/10/2013 (Bernama) - Felda Global Ventures Holdings Bhd's (FGV) President and Chief Executive Officer Mohd Emir Mavani Abdullah today defended the purchase price of Pontian United Plantations Bhd, saying the deal was value for money based on its future prospects and it being a debt-free company.

03/10/2013 (Bernama) - IOI Corporation Bhd's (IOI) share price fell two sen to RM5.37 at the end of trading Thursday despite news on its acquisition of a 40 per cent stake in Unico-Desa Plantation Bhd for RM397 million.

03/10/2013 (Bernama) - Kulim (Malaysia) Bhd is eyeing to take control of 40,645 hectares of oil palm land through the acquisition of an Indonesian company for US$43.44 million (about RM140 million) and ventures in the oil and gas sector.

02/10/2013 (Bloomberg) - Palm oil advanced for a third day to a two-week high on speculation that an increase in the price of soybean oil, a substitute, will boost demand for the tropical commodity used in food and fuel.

02/10/2013 (Reuters) - Malaysian palm oil futures ended higher on Tuesday, posting their third straight session of gains and reversing morning losses as technical buying supported prices, although bearish investor sentiment capped gains.

02/10/2013 (Borneo Post) - Dayak oil palm smallholders in Bintulu are complaining of the many different prices of fresh fruit bunches (FFBs) and insufficient number of mills.

02/10/2013 (Business Recorder) - Tuesday's Rotterdam vegetable oil prices at 1600 GMT.

02/10/2013 (Reuters) - Indian oilseed and soyoil futures fell on Tuesday on a sharp drop in overseas prices, a strong rupee and expectations of an increase in supplies from the new season soybean crop next week onwards.

02/10/2013 (Agri.EU) - Asking prices for palm oil in Europe rose on Tuesday on talk of good export demand and strength in the ringgit, which makes palm oil and products more expensive overseas.

02/10/2013 (Bernama) - Felda Global Ventures Holdings Bhd (FGV) has successfully secured acceptances to acquire a 100 per cent equity in Pontian United Plantations Bhd as part of plans to expand its plantation landbank.

01/10/2013 (Reuters) - Malaysian palm oil futures rose to their highest in nearly a week on Monday after the ringgit dropped in late trade, but weak U.S. and Chinese soy markets capped gains and locked prices in a tight range.

01/10/2013 (Dhaka Tribune) - NGOs like Green Bangladesh and Palli Unnayan Sangstha sold farmers their seeds, but allegedly reneged on their pledge to buy back the produce