Agribusiness
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.
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.
Luzhou Bio-chem Technology appoints Wang De You Executive Director and CEO
He was promoted to the post from being Group Deputy General Manager for 6 years.
Should Olam just stick to Russian dairy?
Its plans to invest heavily in grain cultivation comes with risks and no major advantages, warns Daiwa.
Olam and RUSMOLCO to develop large scale dairy farms in Russia
A whopping US$400 million will be invested in the project in the next four to five years.
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