Agribusiness

Global Palm Resources appoints Idham Azahari as Mill Manager

He rose from the ranks from being Foreman to Asst Senior Mill Manager.

Global Palm Resources appoints Idham Azahari as Mill Manager

He rose from the ranks from being Foreman to Asst Senior Mill Manager.

Margin-squeezed Wilmar poised for a comeback: UOB

Its high plantation landbank and effective product diversification will continue to push growth.

Expect a 0.4% hit on Olam earnings: DBS

This is due to the $2 million loss the company will incur over FY13-14 to start up its new rubber plantation in Gabon.

Olam to invest US$183m in Gabon

Olam intends to develop 28,000 hectares of rubber plantations in partnership with the Government of the Republic of Gabon.

Samko Timber's Executive Director resigns

Ali Gunawan Budiman was tasked to supervise the business development of the Company and its subsdiaries.

Stiffer competition to pester Noble Group

This plus a greater aversion to risk will counter its rebound momentum, says DBS.

Golden Agri-Resources: Small earnings despite big bounty

Its agressive expansion won't translate to booming profits due to rising costs, says DBS. 

Noble’s net profit plummets 29% to US$1.6b in 2011

As freight rates continue to collapse amidst the struggling physical and financial markets last year.

What will hold back a Noble Group ascent?

Its agriculture segment could disappoint and dampen an expected earnings recovery, says DBS.

Golden Agri Resources’ net profit jumps 48% to a whopping US$571m in 2011

As its palm products output grew to a record level of 2.64 million tonnes last year.

Oceanus Group Director Lai Seng Kwoon resigns

Mr Lai quitted his job to devote more time to concentrate on his practice.

Wilmar International turns more cautious on oilseed & grain division

The group flagged that oilseeds &grains may only breakeven in FY12 if operating conditions nin China do not improve.

Which Wilmar segment is the stalest?

OCBC singled out Oilseeds & Grains as having a doubtful recovery among an already underperforming lot.

Wilmar’s net profit surges 21% to US$1.60b in 2011

Sales volume from its Oilseeds & Grains segment grew the most, by 30% last year.

Improvements likely for Olam: OCBC

Net profit of US$1b is targeted by fiscal year 2016.

Olam’s profit jumps 15% to S$162.7m in 1H11

The group’s food segment accounted for 78% of revenue, as its rice and grains businesses in Africa flourished in the first half of the year.

Oceanus Group appoints Ng Cher Yew as CEO

He a will act as in an interim capacity during the transitional period whilst the Company takes the appropriate action to fill the post.