Kim Loong Resources buys oil palm plantations in Sabah for RM93m
KUALA LUMPUR (Feb 19): Plantation firm Kim Loong Resources Bhd is buying four plots of oil palm plantation land in Sabah for RM92.
EPF CEO Tunku Alizakri made director of Sime Darby Plantation
KUALA LUMPUR (Jan 1): Employees Provident Fund (EPF) CEO Tunku Alizakri Raja Muhammad Alias has been made a non-independent and non-executive director of Sime Darby Plantation Bhd, effective Jan 1.
Up for sale: Part of Boh Plantations' lowland tea plantation
KUALA LUMPUR (Nov 23): Boh Plantations Sdn Bhd “is looking to divest” 651 acres of its plantation in Southern Klang Valley, Selangor, according to a report by The Edge Malaysia.
Hap Seng Consolidated 3Q net profit up 1.3% y-o-y, pays 20 sen dividend
KUALA LUMPUR (Nov 22): Hap Seng Consolidated Bhd has eked out a 1.
KLK 4Q net profit up 37%, lifted by manufacturing segment
KUALA LUMPUR (Nov 20): Plantations player Kuala Lumpur Kepong Bhd (KLK)’s net profit for the fourth quarter ended Sept 30, 2019 (4QFY19) rose 37% year-on-year (y-o-y) to RM175.
Five ex-FGV directors have counterclaim dismissed, ordered to file defence
KUALA LUMPUR (Nov 8): Five former FGV Holdings Bhd (FGV) directors today failed in their counter-claim against the company over a suit that was filed against them and nine others, over the questionable acquisition of Asian Plantation Limited (APL).
TDM's Indonesian ops face sanction, 900ha to halt activities for 3 years
KUALA LUMPUR (Oct 23): TDM Bhd announced yesterday that its subsidiary PT Rafi Kamajaya Abadi (PT RKA) has been sanctioned by the Indonesian government and ordered to stop all plantation activities at some 900ha of its plantation area in Kalimantan, which has been burnt recently.
Sime Darby Plantation confirms Melaka court granted leave to start judicial review
KUALA LUMPUR (May 24): Sime Darby Plantation Bhd confirmed today the Melaka High Court had yesterday granted the company leave to commence judicial review to declare the compulsory acquisition of its Melaka land by Taiwan-controlled company GI A Resources Sdn Bhd as wrongful and void.
Sime Darby Plantation granted leave to challenge Melaka land acquisition
MELAKA (May 23): Sime Darby Plantation Bhd (SDP) was today granted leave (permission) by the High Court here to challenge the compulsory acquisition of its 75-hectare land in Merlimau at a below market price of RM35.
SD Plantation claims palace was used in Merlimau land deal
KUALA LUMPUR (April 30): Sime Darby Plantation Bhd (SDP) has filed a judicial review application to stop the compulsory acquisition of its 75ha land in Merlimau, Melaka, by a Taiwan-controlled company that claimed it was acting in the interest of the former Yang di-Pertuan Agong, Sultan Muhammad V, to compel it to sell the land at a below market value price of RM35.
