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last updated: 23-May-2013 12:00 AM

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Indonesia’s palm oil move will hit new players 24-Sep-2018 9:00 PM

PETALING JAYA: Plantation players who are relatively new in the Indonesian market or those with significant plantable landbank in the country are likely to be impacted negatively by the moratorium on new palm oil development, according to PublicInves...

United Plantations buys Perak land from Pinehill Pacific for RM413.57m 21-Sep-2018 3:00 PM

PETALING JAYA: United Plantations Bhd is acquiring 8,999.13 acres of plantation land in Hilir Perak from Pinehill Pacific Bhd for RM413.57 million. Pinehill shares hit limit up after it resumed trading in the afternoon session today. At 2.50pm, it wa...

Sime Darby Plantation streamlines minimum wage for workers 20-Sep-2018 8:00 PM

PETALING JAYA: Sime Darby Plantation Bhd (SDP) has streamlined the minimum wage rate for all its workers throughout its operations in Malaysia with immediate effect. In a statement today, the group said its plantation workers in Sabah and Sarawak wil...

MARC affirms ‘AAA’ rating on Sime Darby Plantation 17-Sep-2018 9:00 PM

PETALING JAYA: Malaysian Rating Corp Bhd (MARC) has affirmed Sime Darby Plantation Bhd’s (SD Plantation) corporate credit rating at ‘AAA’, and accordingly its perpetual subordinated sukuk programme of up to RM3 billion at ‘AAIS’. “The ratings outloo...

Sime Darby Plantation acquires coconut oil exporter 23-Aug-2018 9:00 PM

KUALA LUMPUR: Sime Darby Plantation Bhd’s (SDP) wholly owned subsidiary New Britain Palm Oil Ltd (NBPOL) has completed the US$52.6 million (RM215.6 million) acquisition of Markham Farming Co Ltd (MFCL) from Markham Agro Pte Ltd (MAPL). In a filing wi...

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