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MARKET DEVELOPMENT
23-05-2014

Indonesia, Jordan Complement Each Other: Ambassador

23/05/2014 (Antara News) - The bilateral relations between Indonesia and Jordan are very sound and complement each other, stated Jordanian Ambassador to Indonesia Walid Al-Hadid.

MARKET DEVELOPMENT
23-05-2014

Indian Farmers Could Plant Record Soybean Area as Prices Rally

23/05/2014 (Economic Times) - Farmers in India are likely to boost the amount of land devoted to growing soybeans by up to 4 per cent in the crop year that begins in July, as they look to profit from a rally in prices for the oilseed, an industry body said.

MARKET DEVELOPMENT
23-05-2014

FGV to Issue US$1B Sukuk

23/05/2014 (NST) - Plantation giant Felda Global Ventures Holdings Bhd (FGV) is considering selling more than US$1 billion (RM3.21 billion) of dollar-denominated exchangeable Islamic bonds (sukuk), said three people with knowledge of the deal.

MARKET DEVELOPMENT
23-05-2014

HSL Records RM116.03 Mln Revenue for 1QFY14

23/05/2014 (Borneo Post) -Sarawak-based marine engineering and infrastructure specialist Hock Seng Lee Bhd (HSL) has recorded net pre-tax profit of RM22.03 million on the back of revenue of RM116.03 million for the first quarter of 2014

MARKET DEVELOPMENT
22-05-2014

VEGOILS-Palm Oil at More Than Four-Month Low on Technical Selling

22/05/2014 (Reuters) - Malaysian palm oil futures fell for the fourth straight day on Wednesday, dropping to a more than four-month low after weak Chinese edible oil markets and a stronger ringgit triggered technical selling.

MARKET DEVELOPMENT
22-05-2014

Oil Palm Industry Estimated To Contribute RM200 Billion To Malaysia's Export Value By 2020

22/05/2014 (Bernama) - The oil palm industry will continue to be important to the Malaysian and Sabah economies, as the industry is projected to contribute an estimated RM200 billion to Malaysia's export value by 2020, about three times the current value.

MARKET DEVELOPMENT
22-05-2014

KLK Q2 Pre-tax Profit Up 49.2 Per Cent To RM424.4 Million

22/05/2014 (Bernama) - Kuala Lumpur Kepong Bhd's (KLK) pre-tax profit for the second quarter ended March 31, 2014, surged 49.2 per cent to RM424.4 million from RM284.6 million in the same quarter last year.

MARKET DEVELOPMENT
22-05-2014

Boustead Plantations IPO Prospectus on May 27, Targets June Listing

22/05/2014 (The Star) - Boustead Plantations Bhd will launch its initial public offering (IPO) next week, amid a recent slump in crude palm oil (CPO) prices that may dampen investor demand for the oil palm grower.

MARKET DEVELOPMENT
22-05-2014

RM14M Biogas Plant Among Sabah's First

22/05/2014 (Daily Express) - Felda Global Ventures Holdings Berhad (FGV) via its subsidiary Felda Palm Industries Sdn Bhd (FPI) continues to spearhead best practices in sustainability with the launch of its Biogas Power Plant worth RM14 million at its palm oil mill in Felda Umas, here, Tuesday.

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