Agribusiness
Halcyon Agri to issue new ordinary shares at $0.22 apiece
Halcyon Agri to issue new ordinary shares at $0.22 apiece
This will be done on the basis of one rights share for every two existing ordinary shares.
Singapore, France assure intact supply chain between markets
They aim to ensure that transport and delivery links remain open, including via air and sea freight.
First Resources posts US$22 million first quarter profit
The Indonesia-based plantation operator's strong start to the year is unlikley to be repeated in Q2.
Olam's PATMI grew 6.1% to $179.1m in Q1
It was thanks to gains from selling their stake in Far East Agri.
Golden Agri-Resources sinks to $135m net loss in Q1
Its earnings shrank following the new crude palm oil export tax and levy.
Optimistic times ahead for Wilmar: analyst
Consumer products and its HORECA operations are tipped to improve in Q2.
Wilmar's core net profit up 22.5% to $435.19m in Q1
It came on the back of strong performances from consumer products.
Olam breaks off $156m deal on US onion and garlic facility
Mesirow has been unable to secure the required debt and equity financing.
Olam secures $249.09m term loan from IFC and JICA
Proceeds will be used for the procurement of specific agri-commodities.
Japfa sells 25% stake in AustAsia to Meiji for $362.97m
The agri-firm will own a 75% stake in its dairy farm operator.
Wilmar establishes four subsidiaries across Asia
Its new China unit will have a registered capital of $61.22m.
Olam completes stake sale in Indonesian JV for $123.03m
After final adjustments, the total consideration for the deal was $119.44m (US$82.5m).
Jardine Matheson Holdings' 2019 profits up 65% to $3.93b
Hongkong Land contributed $1.5b to the group’s total underlying profit.
Government to set up regulatory sandbox for agri-food farms
This is expected to help the government review more regulations for AFIP tenants.
Olam sells stake in Indonesian sugar JV for up to $118m
It is expected to be completed by March.
Olam's FY2019 profits soared 62.2% to $564.16m
Higher contributions from cocoa, grains, and animal feed businesses drove the gains.
Golden Agri Resources back in the black with $270.60m profits in 2019
The removal of export levies in Indonesia lifted its palm and laurics segment.
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