Agribusiness
Fraser & Neave to buy leasehold land from MSM Perlis for $32.2m
The company will explore upstream insourcing of milk.
Fraser & Neave to buy leasehold land from MSM Perlis for $32.2m
The company will explore upstream insourcing of milk.
Pork production in Southeast Asia plunges as African swine fever spreads
ASF-stricken countries turn to imports and meat substitution.
Singapore and Brunei tie up for agrifood sector collaborations
The two nations will firstly invest in aquaculture activities and job creation.
YKA's share in Wilmar's profits rose to 60%
Most of its revenues and gross profits are generated by the food products segment.
Olam bags $724.26m sustainability-linked loan
Proceeds will be used to refinance the company’s existing loans.
Daily Briefing: Temasek co-leads beauty tech platform Social Bella's $55.71m series D round; Over 5,000 families failed to get a BTO flat
And 555 vegetation fires were recorded in the first half of the year.
Wilmar's tropical oil and sugar segments could boost Q3 earnings
It is expected to rely on this segment as the swine fever hits soybean meal demand.
Golden Agri Resources' loss widens 70.7% to $64.45m in H1
Softer crude palm oil (CPO) prices continued to drag on earnings.
Wilmar International's profit dropped 52.3% to $150.88m in Q2
The African swine fever outbreak has hurt the demand for its key product soybean.
Wilmar's YKA IPO could kick off in Q4: analyst
It already received a go-ahead from the Chinese regulator.
Wilmar's proposed China IPO moves forward with subsidiary's Shenzhen listing
There will be an approximate 10% of the total pro-forma share capital of YKA if the CSRC gives it the green light.
Wilmar to take hit from China's weak soybean demand over swine flu
Demand for soybean-based animal feed weakens as China chops up its hog inventories to contain the epidemic.
China business a boon for Wilmar International
It has 45% market share in consumer pack edible oils. Set for its China initial public offering (IPO) listing in Q4, Wilmar could bank on its China...
Olam International arm prices US$120m US debt private placement
The notes were placed to nine investors at a fixed rate of 3.89% for five years.
First Resources' profits dropped 55.7% to US$12.29m
It blamed weaker palm oil prices despite higher sales volumes.
Golden Agri Resources profits climbed 53.5% to $25.07m in Q1
It was bolstered by improved performance from its palm, laurics, and other segments.
Olam's profits grew 6.9% to $168.88m in Q1
The higher contributions from edible nuts and cocoa boosted earnings.
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