Agribusiness
Wilmar raises stake in Pakistan’s Unity Foods to 42.17%
Wilmar raises stake in Pakistan’s Unity Foods to 42.17%
Wilmar acquired new shares through its subsidiaries Wilmar Pakistan Holdings and Unity Wilmar Agro.
How are Singapore food producers faring in sustainable sourcing?
F&N was the top-performing Singapore-listed food producer in sustainable sourcing.
Daily Markets Briefing: STI down 0.5%; Top stock is ThaiBev
ThaiBev is the top stock with a 3.03% increase.
Wilmar International CEO boosts stake with 1 million share buy
He now owns a 14.07% stake in the company.
Food processing/ manufacturing firms increase by 8%
There are 2,171 food processing/manufacturing establishments in Singapore.
Local vegetable and seafood production dip in 2023
Energy price hikes and rising manpower costs impacted local production.
TSH Resources Berhad profit drops 34% in 1Q24
The company attributed the dip to revenue decline.
Golden Agri Resources net profit plunges 60% YoY to US$37m in 1Q24
The company's gross profit and EBITDA also declined.
Currency woes overshadow Bumitama's revenue rise in 1Q24
Net profit for the period fell 23.5% YoY to IDR 328.4b.
Wilmar secures US$100m ESG-linked loan from Maybank
Maybank will lower the interest rates in tiers as Wilmar meets ESG goals.
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.
Olam Agri raises offer for Namoi to A$0.70 per share
Namoi's biggest shareholder has backed Olam's offer.
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.
Indofood Agri taps former EDB chief Philip Yeo as board chairman
He began his duties as chairman on 1 May.
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.
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