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Malaysia’s Palm Oil Stocks Down 3.94 Pct To 2.7 Million Tonnes In February 2026 – MPOB
Palm tracks gains in Dalian and Chicago rival oils, stronger crude
CPO FUTURES RALLY ABOVE RM4,500 PER TONNE, HIGHEST SINCE OCTOBER LAST YEAR
CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
India's Palm Oil Imports Rebound From First Decline in 12 Months
12/02/2016 (Bloomberg) - Palm oil purchases by India probably rebounded from the first drop in 12 months as traders and refiners in the world’s largest buyer increased shipments to bridge a widening cooking oil shortfall.
Malaysia's Felda To Re-attempt Indonesian Deal with Unlisted Unit -Sources
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.
MARC Assigns AAIS Rating To Sime Darby's Proposed RM3 Billion Sukuk Programme
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.
OHB Unit Gets Ministry Nod To Buy PT SSL For RM2.84 Million
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.
CPO Futures Close Higher
12/02/2016 (Bernama) - Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives closed higher today on expectation of lower production.
Kulim Unit To Buy 4 Indonesian Firms For RM509.35 Million
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.
New Standard Aims to Raise Bar for Ethical Palm Oil, Boost Demand
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.
Palmolein Oils Edge Higher on Scattered Demand
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.
Bilateral Ties: Malaysian Envoy Asks Businessmen To Do More
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.
