Agribusiness
Bumitama Agri’s FY15 net profit tumbles 22.8% to $93.1m
On back of weak CPO, kernel palm selling prices.
Wilmar’s earnings slip 8.7% to $1.49b in FY15
Due to mark-to-market losses, forex woes.
Bumitama Agri to snap up 95% stake in GHL for $7.91m
It’s trying to bag a 2,982 ha oil palm plantation.
Olam appoints A. Shekhar as new COO
Olam International said that A. Shekhar, its current Executive Director for Finance & Business Development, is being promoted to the newly created...
Extreme drought feared to derail Thailand's economic recovery
Rice yields are suffering terribly.
Olam buys back US$10.3m of convertible bonds
The bonds are due 2016.
Is investing in Nigeria’s milling market the right move for Olam?
Wheatbased products are all the rage in the country.
Noble chairman pumps more cash into his struggling firm
He bought 20 million shares in two days.
Noble Group's Enron moment: Zero Hedge
It will be unable to pay off its debts.
Olam poised to double wheat milling capacity as it acquires US$275m Nigeria assets
It’s set to be a leading pasta player in Nigeria.
Noble Group’s chairman hikes stake as shares crash to record low
Elman now holds a 22.13% stake.
Noble’s hard-hitting critics gloat after back-to-back credit downgrades
We were right all along, says Iceberg.
Welcome to the junkyard: Embattled Noble suffers yet another credit downgrade
S&P is not convinced of its liquidity status.
Olam teams up with French firm to develop animal feed expertise in Nigeria
It's a two-year partnership.
Noble Group faces criticism over cheap agri stake sale
It will be tough to boost investor confidence.
Agri stake sale fails to save Noble from dreaded junk status
Liquidity concerns persist, says Moody’s.
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