Agribusiness

Wilmar buys Sucrogen Limited for A$1.75bln

Wilmar buys Sucrogen Limited for A$1.75bln

Top agribusiness group ventures into the sugar business with the acquisition of Sucrogen Limited, the largest raw sugar producer in Australia.

Noble Group hands over US$70mln to NIC Holding

The commodities trading/supply chain manager affirmed interest on Northville by giving a US$70 million partial payment.

China Fishery profit jumps to $90mln

Gross profit margin up to 38.1% as company continues benefiting from growing fish, fish products demand.

Wilmar profits up 23% on higher volume and prices

Wilmar International Limited posted a net profit of US$1.88 billion, with 18% increase in profit for the last quarter.

China Fishery's application for Oslo listing approved

Company secures in-principle approval from SGX-ST for listing and quotation of 172mln new shares in Oslo.

Olam International profits up 50% on rise in volume

Olam International Ltd reported on Thursday a 50.3% rise in net profit after tax for first-half ended December 31, 2009 (H1 FY2010).

China Fishery profits up by 12.5% due to increased catch

China Fishery Group Ltd. announced Wednesday its net profit went up 12.5 percent to US$18.3 million from US$16.2 million.

Olam acquires Nigerian flour mill for US$107.6 million

Supply chain manager Olam International announced its acquisition of Crown Flour Mills Limited for a consideration of US$107.6 million.