Archived News
28-11-2006
Analysts positive on plan for giant planter
28/11/06 (The Star) - PETALING JAYA: Most analysts are positive on the proposed merger of Sime Darby Bhd, Golden Hope Plantations Bhd (GHope) and Kumpulan Guthrie Bhd (Guthrie) to create the world's largest listed oil palm plantation player.
28-11-2006
Entire Merger Deal To Be Transparent, Says Nazir Razak
KUALA LUMPUR, Nov 27 (Bernama) -- The entire merger deal resulting in the world's largest listed palm oil company in the form of Synergy Drive Sdn Bhd will be consumated in a transparent manner, so says CIMB's chief executive officer Datuk Nazir Razak.
28-11-2006
Malaysian state planters announce $8.6 bln merger
KUALA LUMPUR, Nov 27 (Reuters) - Three Malaysian state-controlled plantation firms plan to join forces, creating the world's largest listed palm oil producer.
28-11-2006
Chilmark Entertainment Group, Inc./Integrated Bio-Energy Resources, Inc. Announce Purchase of Acreage
27/11/06 NEW YORK (PRNewswire) -- Scott Wagman CEO and President -- Integrated Bio-Energy Resources, Inc. (OTC Pink Sheets: CKGR - News) announced today as the result of the Company's trip to the Caricom region that the Company has entered into an agreement to immediately purchase a 25% interest in 6,000 acres of palm oil farms.
22-11-2006
Chinese demand drives global palm oil price
21/11/06 (India Daily) - Palm oil prices, which rose by as much as 30 dollars per tonne in the global commodity market has cast its shadow in the domestic market, an industry expert said. "Palm oil prices have gone up, but exactly not in line with international prices.
22-11-2006
PAKISTANI GOVERNMENT CONSIDERING CUT IN PALM OIL DUTY
20/11/06 KARACHI, (Asia Pulse) - Pakistani trade authorities are considering a Malaysian request that it cuts its import duty on palm oil by about 20 per cent, a senior official said on Thursday. Ismail Qureshi, permanent secretary at the Ministry of Food and Agriculture, said the government had received a request to cut the import duty during a visit of Malaysian Prime Minister Abdullah Ahmad Badawi this month.
22-11-2006
Malaysian palm extends gains, ripe for profit-taking
KUALA LUMPUR, Nov 21 (Reuters) - Malaysian crude palm oil futures jumped as much as 4.5 percent on Tuesday to reach a new 30-month high, boosting shares in listed plantation firms.
22-11-2006
Plantation stocks lead gainers' list
22/11/06 (The Star) - PETALING JAYA: Plantation stocks dominated Bursa Malaysia gainers' list yesterday on strong anticipation that earnings by plantation companies would be boosted by the high price of crude palm oil (CPO
22-11-2006
Sickle that's three times as efficient
21/11/06 (NSTP) - KOTA KINABALU: A motorised oil palm harvester could reduce the number of foreign workers needed in the industry.
22-11-2006
CPO futures rally to above RM1,800
21/11/06 (The Star) - PETALING JAYA: Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives rallied to close above the RM1,800 mark - the highest in about 2½ years - on speculative buying interest buoyed by higher soy bean prices on the Chicago Board of Trade and China market.
22-11-2006
IJM to stamp mark in plantations
20/11/06 (The Star) - IJM Plantations Bhd is banking on its maiden venture in biodiesel as well as oil palm related operations in Indonesia and India to strengthen its foothold as a successful plantation player in the Asia-Pacific region.
22-11-2006
India May Cut Negative List For Asean FTA
20/11/06 (RTTNews) - India has offered further pruning of its negative list of 560 items for Association of South East Nations on which there would be no duty cuts. This is aimed at early conclusion of the negotiations for a free trade agreement with the regional block.