not understand


Palm oil discussion here

What doctor?

Ioi
Genting plantations
Fgv
Sime darby plantations


Big 4 also drop kao kao at 2021 !!!!!!

Now why palm oil companies shares price so low?

No foreign worker?

CPO Prices to Weaken in 2H23 After Healthy Start to Year


Thu 23 Mar, 2023

Related Content: Asian Crude Palm Oil Watch 1Q23

Fitch Ratings-Singapore-23 March 2023: Malaysian benchmark crude palm oil (CPO) spot prices are likely to weaken to below USD700 per tonne (t) by year-end on increasing output, after averaging around USD915/t so far in 1Q23, Fitch Ratings says.


A hit to sunflower seed oil supply due to the Russia-Ukraine war is a key upside risk to our expectations.

CPO prices since late-2022 have been supported by market expectations of significantly higher biodiesel consumption in and lower exports from Indonesia, and the impact of heavy rainfall at the start of 2023 on output.


However, latest production data from Malaysia and Indonesia indicate that yields are on an uptrend. The shortage of foreign workers in Malaysia is also being addressed at a rapid pace, and is likely to be resolved by 1H23.

Weather forecasters believe the El Nino weather pattern could develop from 2H23, which would improve output of soybean oil, CPO’s key substitute, and pressure global vegetable oil prices. El Nino has historically been associated with weak CPO prices, and prices dropped to an average of around USD535/t in 2018-2019.

Fitch has also raised its assumption for long-term benchmark CPO prices beyond 2024 to USD650/t, from USD600/t, to account for significant wage-cost inflation for the industry in 2022-23.

This year wheather so hot


Production will be very low?

Reverse parking

why

You notice oil palm up from december 2023?

Field	Information
Company Name	SUNGEI BAGAN RUBBER COMPANY (MALAYA) BERHAD
Company Registration No.	3327U / 195801000191
Nature of Business	Production and sale of fresh oil palm fruit bunches, long-term portfolio investor in securities
Date of Registration	1958-12-08
State	Kelantan

Company Name	KLUANG RUBBER COMPANY (MALAYA) BERHAD
Company Registration	3441K / 195901000092
Nature of Business	PRODUCTION AND SALE OF FRESH OIL PALM FRUIT BUNCHES, LONG TERM PORTFOLIO INVESTOR IN SECURITIES
Date of Registration	1959-05-05
State	JOHOR

Company Name	KUCHAI DEVELOPMENT BERHAD
Company Registration	7573V / 196701000629
Nature of Business	INVESTMENT HOLDING & RENTAL OF PROPERTY
Date of Registration	1967-12-28
State	JOHOR

Maybank
30 - 34, Jalan Dato Haji Hassan,
86000 Kluang,
Johor.


Incorporated on 5 May 1959 and listed on the Main Market of Bursa Malaysia Securities Berhad, Kluang Rubber Company (Malaya) Berhad is a public limited liability company, incorporated and domiciled in Malaysia.


The principal activities of the Company consist of the production and sale of fresh oil palm fruit bunches (‘FFB’) located in the District of Kluang, Johor.


The Company is also a long term portfolio investor in securities.


The Group has both associates and subsidiaries involved in the businesses of investment holdings and oil palm plantation operations. The Group’s investment holdings primarily consist of holdings in both domestic and foreign listed equity securities. In addition, the Group also has positions in investment funds and positions in selected physical commodities.

This post has been edited by plouffle0789: Apr 21 2024, 01:21 PM

UNITED PLANTATIONS BHD
KLSE (MYR): UTDPLT (2089)






Dato' Carl Bek-Nielsen, born in Petaling Jaya in 1973, is a Danish citizen with Permanent Resident status in Malaysia.


He started his career with the Company in 1993 as a Cadet Planter, leaving a year later to pursue his tertiary education in Denmark where he graduated with a B.Sc.




Dato’ Carl Bek–Nielsen Appointed As Chairman Of The Malaysian Palm Oil Council (MPOC)

Petaling Jaya, 23 March 2023 – The Malaysian Palm Oil Council (MPOC) is delighted to announce the appointment of Dato’ Carl Bek–Nielsen as the new Chairman of MPOC effective 1 May 2023.


Dato’ Carl has extensive experience in the Malaysian palm oil industry, having previously served on the MPOC Board and is therefore well versed with the challenges and issues that the industry faces.

Dato’ Carl is Vice Chairman and Chief Executive Director of United Plantations Berhad and has been a Council Member of the Malaysian Palm Oil Association (MPOA) since 2005. He has also served as a Council member of the MPOC from 2005 to 2020 as well as serving on the Programme Advisory Committee to the Malaysian Palm Oil Board (MPOB), from 2008 to 2019.

In 2014 he was appointed to the RSPO Board of Governors as Co–Chairman, representing the MPOA, and continued serving as Co–Chair for nine years until early this year when he decided not to seek re–election.

He has also been appointed the Honorary Consul General of Denmark for Putrajaya and Kuala Lumpur, as well as the Honorary Consul of Denmark to Perak, Johor, Melaka, Negeri Sembilan, Pahang, Selangor, and Terengganu.

In his new role as the Chairman of MPOC, Dato’ Carl will continue to focus on the sustainability of and social improvements in the Malaysian palm oil sector, ensuring the trade doors remain open for the world’s largest agri–commodity, as the industry moves towards its goal of producing sustainable palm oil.

This post has been edited by plouffle0789: May 9 2024, 10:30 PM

Sungei Bagan Rubber, related companies extend rally to near two-decade high

13 May 2024




KUALA LUMPUR (May 13): Shares of Sungei Bagan Rubber Co (Malaya) Bhd (KL:SBAGAN) and its related companies extended their gains on Monday, as investors continued to bid up the stocks on news of the buyout of Singapore’s Great Eastern Holdings Ltd.





Sungei Bagan rose over 20% to an intraday high of RM6.76. Sister company Kuchai Development Bhd (KL:KUCHAI) climbed over 9% to RM2.34, while parent Kluang Rubber Company (Malaya) Bhd (KL:KLUANG) added over 14% to RM6.06. At those intraday highs, all three stocks were at their highest in nearly two decades.




At stake is Sungei Bagan’s 4.763 million shares in Great Eastern, which has received a voluntary offer from Oversea-Chinese Banking Corp (OCBC).



Sungei Bagan’s equity in Great Eastern, equivalent to 1%, has a value of S$121.93 million (RM426.88 million) based on the price offered by OCBC for an 11.56% stake it does not own in the Singapore-based insurer for S$1.4 billion (RM4.9 billion).






At Monday's market close, Sungei Bagan was up RM1.06 or 18.93% at RM6.66, valuing the plantation company at RM441.78 million. Kuchai Development was 17 sen or 7.94% higher at RM2.31, giving the company a market capitalisation of RM285.86 million.


Meanwhile, Kluang Rubber was up 64 sen or 12.05% at RM5.95, valuing the company at RM375.87 million on Bursa Malaysia.

Sungei Bagan’s stake in Great Eastern was initially just 1.73 million shares at the beginning of the year.

Just days before OCBC announced its voluntary offer, shareholders of Kuchai Development approved a move to dispose of all of the company’s assets and liabilities — including a 3.032 million share block in Great Eastern — for 27.5 million Sungei Bagan shares issued at RM10.01 each.


Kuchai Development will then distribute the Sungei Bagan shares to its shareholders on the basis of 222 Sungei Bagan shares for every 1,000 shares held under a broader restructuring involving both companies.

Both Sungei Bagan and Kuchai Development are controlled by Kluang Rubber, with stakes of 43.5% and 42.21% respectively.







In turn, Kluang Rubber is controlled by Singapore-based The Nyalas Rubber Estates Ltd. Nyalas is the private vehicle of Lee Thor Seng, who is related to the Lee family of Singapore, a major shareholder of OCBC.





Kluang Rubber will also see its equity in Sungei Bagan rise from 30.72% to 43.12%, following Kuchai Development’s distribution exercise of Sungei Bagan shares.




This post has been edited by plouffle0789: Oct 24 2024, 01:29 AM

https://www.theedgesingapore.com/news/offer...free-float-rule


Kuchai
Kluang rubber
Sungei Bagan


2025 January 24,Friday


Great Eastern now has till Jan 24, 2025, to comply with the free float rule. The extension was announced on Oct 21, two days before the company’s previous deadline of Oct 23.
......

This post has been edited by plouffle0789: Dec 7 2024, 03:01 AM

Financial industry continues to be worst job to work for based on academic qualifications against salary paid.

To make it simple, a retail store manager or F&B store manager paygrade is comparable to a bank assistant manager or young manager.

For a oil palm industry, the paygrade sux for underlings but pays handsomely to plantation manager comparable to a bank branch manager. Oil palm sector does provides a good career path for those who look for a career here.

Not comparing the top role but generic role in the bank. Blue-collar sometimes earn better although future prospects always better in a banking career; if one is ahead in the rat race.

This post has been edited by Chisinlouz: Dec 7 2024, 03:48 AM

PPB

4065

PPB GROUP BERHAD


this stock now low price

Wilmar maintains innocence after Indonesian judges who acquitted it arrested on corruption charges


Wilmar maintains innocence after Indonesian judges who acquitted it arrested on corruption charges


A court last month acquitted Wilmar Group, Musim Mas Group and Permata Hijau Group of charges of misconduct in obtaining export permits in 2022


Published Mon, Apr 14, 2025



Bottles of Wilmar International Ltd.



Arawana brand cooking oil sit on a shelf at a supermarket in Shanghai, China, on Friday, Aug. 14, 2009.



Wilmar International Ltd., the world's biggest palm oil trader, said second-quarter profit climbed 23 percent as production and processing margins of the food ingredient increased.




[SINGAPORE] Wilmar International maintained its innocence after four judges who cleared it – as well as two other palm oil companies – in a corruption case related to obtaining export permits, were reportedly arrested.

“We believe we are not guilty of the charges as our actions during that period to increase the supply of palm oil to the market, despite the additional cost incurred, was intended to help the government improve domestic supplies and reduce prices,” said Wilmar in a statement released after market closed on Monday (Apr 14).

A court last month acquitted the 3 companies –


Wilmar Group,
Musim Mas Group and
North Sumatra-based Permata Hijau Group


– of charges of misconduct in obtaining export permits in 2022.


A Reuters’ report on Monday said that three judges who made the ruling were arrested on Sunday night, following the arrest of a local court’s chief judge on bribery charges in the same matter.

“To the best of our knowledge, investigations so far have not involved the Wilmar group or any of its employees, but we will assist in any investigation if we are called upon... We wish to reiterate that the Wilmar group has zero tolerance for corrupt practices,” said Wilmar.

The Attorney General’s Office (AGO) of Indonesia said on Saturday that prosecutors had arrested a chief judge of South Jakarta district court, who was allegedly paid 60 billion rupiah (S$4.7 million) to arrange for a favourable verdict by two lawyers for the companies. Some US$1.07 million was then allegedly paid to the three other judges.

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“The bribe was given so that the judges would rule that it’s not a crime,” the authority noted. A court employee and two lawyers were also arrested at the same time.

The AGO said that it raided five locations in Jakarta last Friday and confiscated money in renminbi, Singapore dollars, US dollars, rupiah and ringgit, as well as Mercedes Benz and Ferrari cars, among other evidence.

The 2022 case revolved around the approval of export permits that did not meet requirements, and a failure to meet obligations at the time for domestic palm oil distribution.

SEE ALSO

A court had last month acquitted the three companies - Wilmar Group, Musim Mas Group, and North Sumatra-based Permata Hijau Group - of charges of misconduct in obtaining export permits in 2022.


Indonesia arrests judge after palm oil companies cleared of graft charges
SGX Centre during lunch hour, with office workers walking by.
Director acquisitions and share buybacks surge
Wilmar has logged a net institutional inflow of S$51.1 million in the year to date – the sixth highest across the entire SGX market.
SGX listcos with Indonesia exposure stay resilient amid market meltdown
More

Shares of Wilmar closed Monday up 0.3 per cent, or S$0.01, to S$3.15 on a cum dividend basis

This post has been edited by plouffle0789: Jun 11 2025, 08:02 AM

Genting Plantations Berhad



Ann. Date Ex Date Amount
26-Feb-2025 12-Mar-2025 RM 0.1300
28-Aug-2024 12-Sep-2024 RM 0.0800
28-Feb-2024 14-Mar-2024 RM 0.0900
28-Feb-2024 14-Mar-2024 RM 0.0400

This post has been edited by plouffle0789: Jul 13 2025, 09:46 AM

https://www.hapsengplantations.com.my/dividend-payment.html



Nice dividend

SD Guthrie

Our History
1800s
1900s
2000s

1821

Alexander Guthrie established Guthrie & Co. in Singapore as one of the first British trading houses in Southeast Asia.


1844

Daniel and Smith Harrison, and Joseph Crosfield formed a tea and coffee trading partnership called Harrisons & Crosfield in Liverpool, England.


1860

Harrisons & Crosfield became the third-largest tea trader in the world with annual sales of up to 2.75 million pounds (1.25 million kg).


1867

Guthrie & Co. diversified into the insurance and banking industries and invested in steamship companies.


1895

Harrisons & Crosfield established its first eastern branch, Lampard, Crosfield & Co, in Colombo, Ceylon (Sri Lanka), marking their entry into the plantation ownership business.


1896

Guthrie & Co. accepted agencies for coffee estates in Selangor and Negeri Sembilan, which were experimentally planted with rubber.

Company Name	HARRISONS & CROSFIELD LTD
----------------------------	--------------------------------
Company Registration No.	0990265W / 191002000015
Nature of Business	-
Date of Registration	1910-05-11
State	-

Company Name	SIME DARBY PROPERTY (KL EAST) SDN. BHD.
---------------------------------	----------------------------------------
Company Registration No.	0015228T / 197801003380
Nature of Business	PROPERTY DEVELOPMENT, PROPERTY MANAGEMENT AND PROPERTY INVESTMENT
Date of Registration	1973-07-24
State	WILAYAH PERSEKUTUAN

Company Name SIME DARBY PROPERTY (KLGCC RESORT) SDN. BHD.
Company Registration No. 0736546A / 200601016794
Nature of Business PROPERTY DEVELOPMENT
Date of Registration 2006-06-06
State SELANGOR

Company Name	SIME DARBY PROPERTY (NILAI REALTY) SDN. BHD.
--------------------------------------	-----------------------------------------------
Company Registration No.	0116375A / 198401003856
Nature of Business	PROPERTY DEVELOPMENT
Date of Registration	1984-03-13
State	SELANGOR

Sime Darby & Company ltd





1930

Company Name	KUMPULAN GUTHRIE BERHAD
-------------------------------	---------------------------------
Company Registration No.	0004001P / 196001000331
Nature of Business	ACTIVITIES OF HOLDING COMPANIES
Date of Registration	1960-11-25
State	-

Company Name	SIME DARBY PROPERTY (SJ7) SDN. BHD.
---------------------------------	------------------------------------
Company Registration No.	0128248D / 198401015692
Nature of Business	PROPERTY DEVELOPMENT
Date of Registration	1984-10-06
State	SELANGOR

This post has been edited by plouffle0789: Sep 10 2025, 11:47 PM