Agribusiness
Loss-making Oceanus Group unveils major restructuring drive
Loss-making Oceanus Group unveils major restructuring drive
Can its business get back on track?
What is food safety worth?
It is no surprise that, due to limited land and sea resources, most of the food that you find in Singapore come from overseas.
Olam discards all shares in Australian wool business
It has sold all its interests to Quality Wool.
Sujoko Martin joins Samko Timber as CFO
He will replace Johan Yanto who resigned to pursue other personal interest.
Wilmar to suffer severe profit drought in December
Expect fourth quarter margins to disappoint.
Olam among top 3 global cocoa processors after ADM acquisition
It has a global market share of 16%.
Olam’s earnings volatility to spike on back of massive acquisition spree
ADM’s cocoa processing margins are highly lumpy.
Olam to acquire Archer Daniel Midlands cocoa business for $1.7b
It will be fully funded in cash.
Olam clinches five-year $377m term loan
For its Australian subsidiaries.
First Resources’ share price down 30% on back of palm oil price crash
Find out why analysts are surprisingly upbeat.
Halcyon Agri’s profit hits record low as rubber prices slide
It’s also grappling with higher operating costs.
Daily Briefing: Property tax reduced for bigger HDB flats; SIA to honour sale of business class tickets sold at economy rates
And Jackie Chan heads over to Singapore.
Olam International cracks $232.6m acquisition deal with McCleskey
It’s the third-largest peanut sheller in the US.
Parched Golden Agri sees no end to profit drought
Its quarterly results were the worst since 1Q09.
Oceanus Group names Peter Koh Heng Kang as CEO and executive director
He was redesignated from being an independent director to being an executive director.
Olam acquires third-largest peanut sheller in the US for $231m
It currently has a 12% market share.
Olam kicked out of MSCI Singapore Index by aggressive Suntec REIT
Suntec’s share price hit a one-year high yesterday.
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