Agribusiness

Golden Agri Resources net profit plunges 60% YoY to US$37m in 1Q24

The company's gross profit and EBITDA also declined.
3 hours ago

Golden Agri Resources net profit plunges 60% YoY to US$37m in 1Q24

The company's gross profit and EBITDA also declined.
3 hours ago

Currency woes overshadow Bumitama's revenue rise in 1Q24

Net profit for the period fell 23.5% YoY to IDR 328.4b.
4 hours ago

Wilmar secures US$100m ESG-linked loan from Maybank

Maybank will lower the interest rates in tiers as Wilmar meets ESG goals.
5 days ago

Rize eyes tech boost, expansion through $18.95m Series A funding

The company targets growing its team of agronomists to over 100 to reach more rice farmers in 2024.
5 days ago

Olam Agri raises offer for Namoi to A$0.70 per share

Namoi's biggest shareholder has backed Olam's offer.
6 days ago

Olam jacks up Namoi Cotton acquisition bid to $0.62 apiece

This applies whether or not at least 90% of Namoi will be obtained.

Japfa's 1Q24 profit rebounds to $16.93m

A year ago, the company recorded a $58.55m loss.

Olam bids $0.59 per share for Namoi Cotton acquisition

The offer may rise to $0.62 if Olam Agri secures 90% of Namoi’s shares by offer end.

Wilmar’s Q1 net profit plunges 22.6% YoY

Lower earnings from some of its business units and investments in China pulled Wilmar’s net profit down.

First Resources refutes ties to rainforest clearing in Indonesia

Independent advisor to review First Resources’ practices.

Olam Agri expands funding mix with $625M Murabaha facility

The company will use proceeds from the facility for general corporate purposes.

Olam Agri plans to acquire Australia’s cotton-ginning giant, Naomi Cotton

Under the NBIO, Namoi shareholders would stand to receive total cash payments of A$0.591 per share.

Halcyon Agri taps Sun Weiliang as new CEO

He will assume the position previously held by Li Xuetao. Halcyon Agri Corporation Limited has appointed Sun Weiliang as its new chief executive...

Daily Markets Briefing: STI up 0.1%; Top stock is UOB

UOB is the top stock with a 0.035% increase.

Japfa declines to comment on private deal speculations

It said it “does not consider it appropriate” to comment on the matter. JAPFA Ltd. has declined to provide any comments regarding the speculated...

Olam Agri acquires Senegal's second largest poultry feed supplier for €17m

The acquisition extends Olan Agri's feed and protein presence in West Africa.