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MARKET DEVELOPMENT
01-06-2012

Unilever Eyes Major ExportBase in Sumatra

01/06/2012 (Jakarta Globe) - Unilever, one of the worldâ€™s top producers of consumer goods, plans to build a manufacturing factory in Sumatra to create an export base for its palm oil products.

MARKET DEVELOPMENT
31-05-2012

Palm-Oil Shipments From Indonesia Seen Climbing on Ramadan

31/05/2012 (Bloomberg) - Palm-oil shipments from Indonesia, the worldâ€™s largest producer, are poised to advance 9 percent this month as importers increase purchases before the Muslim fasting season of Ramadan starts in July.

MARKET DEVELOPMENT
31-05-2012

VEGOILS-Palm Falls Over 2 Pct on Euro Zone Debt Woes

31/05/2012 (Reuters) - Malaysian palm oil futures snapped a four-day rally on Wednesday, falling more than 2 percent as euro zone debt jitters weighed on prices, although losses were capped by expected demand ahead of the Muslim fasting month of Ramadan in July.

MARKET DEVELOPMENT
31-05-2012

Sime Darby\'s Shares Up On Good Nine-month Financial Results

31/05/2012 (Bernama) - Sime Darby Bhd's shares on Bursa Malaysia rose four sen, or 0.42 per cent, to RM9.64 as at 3.43 pm today after posting a good nine-month period financial result Wednesday.

MARKET DEVELOPMENT
31-05-2012

Sime Darby Optimistic Of Better Performance Than Previous Financial Result

31/05/2012 (Bernama) - Conglomerate Sime Darby Bhd is optimistic it will outperform its previous financial performance bolstered by better showing by its plantation, industrial and property divisions.

MARKET DEVELOPMENT
31-05-2012

MYBiomass Ships 12 Tonnes Of Oil Palm Biomass To Italy

31/05/2012 (Bernama) - MYBiomass Sdn Bhd, a unit of the Malaysian Industry-Government Group for High Technology (MIGHT), has shipped 12 tonnes of oil palm biomass to a pilot plant in Italy which converts the raw material into industrial sugar.

MARKET DEVELOPMENT
31-05-2012

Felda Said to Seek $3.2 Billion in Malaysian Share Sale

31/05/2012 (Bloomberg) - Felda Global Ventures Holdings Bhd. may raise as much as 10.2 billion ringgit ($3.2 billion) in an initial public offering in Kuala Lumpur, two people with knowledge of the matter said.

MARKET DEVELOPMENT
31-05-2012

Imports of Sensitive Items Up 41% During Aprâ€”Feb

31/05/2012 (Hindu Business Line) - Imports of sensitive items, including fruits, vegetables and edible oils, went up by 40.9 per cent yearâ€”onâ€”year to Rs 92,574 crore during Aprilâ€”February last fiscal.

MARKET DEVELOPMENT
31-05-2012

Malaysia to Launch $3 Billion IPO With Eye on Poll

31/05/2012 (Reuters) - Malaysian Prime Minister Najib Razak will unveil on Thursday the $3 billion listing of palm oil giant Felda Global, paving the way for Asia's largest initial public offering so far this year that could also lift his chances of winning a national election.

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