Category: Headline News

IOI Q3 Earnings Lower on Absence of Disposal Gains

PETALING JAYA: Plantation group IOI Corp Bhd’s third-quarter net profit to end-March plunged 88.1% to RM245.8mil from RM2.1bil a year ago, on the absence of dis

IOI Corp Falls After Announcing 2Q Profit Drop

KUALA LUMPUR: IOI Corporation Bhd's net profit fell 68% in the second quarter ended Dec 31, 2018 due to lower operating profit and net foreign currency tran

Best Mergers & Acquisitions: IOI Corp’s Loders Sale — Sweet on Both Sides

Amid numerous mergers and acquisitions in 2018, one that stands out is the partial sale of IOI Corp Bhd’s speciality fats business to Bunge Ltd, a submission by

Palm Voices: Putting On The Brakes

Today, the world population stands at 7.6 billion and is expected to reach nine billion by 2050. While the world’s population is increasing at a fast rate, the

Donate Your Clutter to Charity Shop

Bargain Basement champions and beneficiaries posing for a group photo during the cheque presentation ceremony. The spirit of sharing is caring is well exemplifi

Bursa Adds 4 New Constituents to FTSE4Good Index, Removes 3

KUALA LUMPUR (Dec 14): Bursa Malaysia Bhd has announced four new additions to the constituents of the FTSE4Good Bursa Malaysia (F4GBM) Index, and removed three

IOI Corp Reports Lower Q1 Net Profit on Forex Translation Loss

KUALA LUMPUR: IOI Corporation Bhd's net profit fell to RM143.8 million for the first quarter ended Sept 30, 2018 (Q1) from RM360 million in the same period

Malaysian Palm Oil can Fill China’s Edible Oil Gap

Malaysia’s palm oil production is able to fill the shortage of edible oil in China as a result to its global trade conflict with the US. IOI Corp Bhd group CEO