Agribusiness
Stephen Ho Kiam Kong retires as Wilmar International's CFO
Stephen Ho Kiam Kong retires as Wilmar International's CFO
He led the company’s finance department for eight years.
First Resources' 2019 profits dropped 25.7% to $89.1m
It was hit by softer crude palm oil prices.
Wilmar International's profits grew 15% to $1.78b in 2019
Growth was driven by higher profits from the Oils and Oilseeds segments.
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And WhatsHalal raises funds in its latest seed round.
Bumitama Agri's profits slumped 37.4% to $69.68m in 2019
Improved performance was attributed to improved palm oil prices at the end of 2019.
Russia's Don Agro International joins the SGX Catalist
This brings the number of companies listed on the board to 217.
Olam International posts one-time post-tax gain of $72m
It came from its various divestments, including its real estate assets in California.
Olam restructures into two new operating groups
This will allow investors to participate in two diverse themes via carve-outs or IPO listing.
Wilmar gets boost from surge in crude palm oil prices
Prices rose above 50% YoY to $992.
The worst could be over for Wilmar
Its market leader status makes it difficult for competitors to operate in each region.
Olam's Australian orchards business sells water rights for $456.4m
It tapped into a Canadian pension board for the deal.
Olam to sell real estate assets of California plant for $150m
Olam and Mesirow have entered into a tiered revenue sharing agreement for 25 years.
Wilmar eyes approval for China IPO bid in 2020
They are still awaiting approval from Chinese regulators.
Golden Agri-Resources sinks into the red with $12.52m loss in Q3
Plantation profits slipped due to lower fruit yield and a smaller palm inventory.
Olam wins sustainable palm oil certification in Gabon
Its Makouke plantation is the fourth to receive an RPSO certification.
Golden Agri Resources back in the black with $1.09m profit in Q3
But weak prices of commodities continued to drag on earnings.
Wilmar International profits rise 10% to $608.4m in Q3
It sold off its discontinued operations in Brazil.
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