Agribusiness
Olam jacks up Namoi Cotton acquisition bid to $0.62 apiece
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.
First Resources refutes ties to rainforest clearing in Indonesia
Independent advisor to review First Resources’ practices.
Olam Agri expands funding mix with $625M Murabaha facility
The company will use proceeds from the facility for general corporate purposes.
Olam Agri plans to acquire Australia’s cotton-ginning giant, Naomi Cotton
Under the NBIO, Namoi shareholders would stand to receive total cash payments of A$0.591 per share.
Halcyon Agri taps Sun Weiliang as new CEO
He will assume the position previously held by Li Xuetao.
Halcyon Agri Corporation Limited has appointed Sun Weiliang as its new chief executive...
Daily Markets Briefing: STI up 0.1%; Top stock is UOB
UOB is the top stock with a 0.035% increase.
Japfa declines to comment on private deal speculations
It said it “does not consider it appropriate” to comment on the matter.
JAPFA Ltd. has declined to provide any comments regarding the speculated...
Olam Agri acquires Senegal's second largest poultry feed supplier for €17m
The acquisition extends Olan Agri's feed and protein presence in West Africa.
Halcyon Agri's net loss widens to US$87.0m in FY23
The FY23 net loss is 384.3% bigger year-on-year.
Net profit of First Resources dwindles to US$145.4m in FY23
It fell by 55.3% YoY.
Archisen, FarmByte JV to develop an indoor vertical farm in Johor Bahru
The JV will invest $10.5m to build the farm.
Golden Agri-Resources’ revenue falls 15% due to lower crude palm oil prices
The company recorded a net profit of $266m.
Olam Group’s FY23 PATMI drops 55.7% YoY
PATMI for the period was $278.7m.
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