Agribusiness
Oceanus Group names Peter Koh Heng Kang as CEO and executive director
He was redesignated from being an independent director to being an executive director.
Oceanus Group names Peter Koh Heng Kang as CEO and executive director
He was redesignated from being an independent director to being an executive director.
Olam acquires third-largest peanut sheller in the US for $231m
It currently has a 12% market share.
Olam kicked out of MSCI Singapore Index by aggressive Suntec REIT
Suntec’s share price hit a one-year high yesterday.
Bumi Resources units get court moratorium over debt woes
Amid depressed coal prices.
Olam’s operating profit crashed 29% to $32.2m in Q1
Its hazelnut business was the main drag.
First Resources’ profit down 15% in Q3 as palm oil prices plunge
Earnings per share dipped 16%.
Bumitama Agri’s profit surged 69% in Q3
Thanks to higher output and selling prices.
Golden Agri’s net profit crashed 86% in Q3 as palm oil prices plunge
These are its worst results since 1Q09.
Global Palm Resources Holdings appoints Ivan Swandono to COO
Before becoming an acting COO he was director of PT Prakarsa Tani Sejati based in West Borneo, Indonesia.
Wilmar’s net profit inched up 1.5% to $545m in Q3
Thanks to higher oilseed crushing profit.
Japfa left struggling after Q3 earnings plunged 49% to $15.5m
It has declined 12.5% from its IPO price.
Noble’s net income up 4% in Q3 on back of agribusiness disposal gains
It also revealed a special dividend of US$3 cents.
First Resources appoints Tan Seow Kheng as director
He is currently general manager of Ewis Group.
Golden Agri struggles as China operations sink into the red
Its plant may be shut down temporarily.
George Yong-Boon Yeo joins Wilmar International as director
He served as in various government agencies, the last of which as Minister for Foreign Affairs.
First Resources promotes Fang Zhixiang to executive director
He was the group's deputy CEO.
Indofood Agri’s 3Q profits plunge 52% on weaker edible oils and fats
Plus higher interest expenses.