Category: Headline News

Genting directors best paid: Survey

Genting Bhd topped the list of companies that paid out higher remuneration to their directors last year, with a big payout of RM117.69 million, according to a M

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IOI Q4 earnings dip on lower profit from plantation segment

PETALING JAYA: IOI Corp Bhd reported lower earnings of RM401.64mil in the fourth quarter ended June 30 and RM1.79bil for the financial year. In its filing with

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IOI Corp Q1 earnings up 134% to RM604.3m, boost from forex gains

KUALA LUMPUR: IOI Corporation Bhd's earnings jumped 134% to RM604.30mil in its first quarter ended Sept 30, 2012 (Q1FY13) from RM258.10mil a year ago, boosted m

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Lower CPO prices, higher wages curb IOI profit

KUALA LUMPUR (Feb 21): IOI Corp Bhd posted an 8% drop in second quarter net profit from second quarter a year ago as lower crude palm oil (CPO) prices and highe

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Firmer CPO price, downstream ops and property sales to support group

Affin says IOI should see its average CPO price improve to between RM2,500 and RM2,700 per tonne in the remainder of fiscal 2013. - AFP PETALING JAYA: While the

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Bumitama Agri Reports FY12 Results

Crude palm oil (CPO) and palm kernel (PK) producer Bumitama Agri (Bumitama), has released their FY12 earnings results. Despite the lower CPO prices, which has a

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Highlighting the values of palm oil

The Power Lunch with Lee in Putrajaya. MPOC chairman avers that palm oil is healthy and its plantations sustainable. DRIVING to the Putrajaya Marriott Hotel was

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Worst over for plantation cycle, CPO price seen hitting RM2,900

Tan Sri Lee Shin Cheng: "I believe the CPO prices would be going up. So far, I have not been wrong before. Let us see this year." PUTRAJAYA: IOI Corp Bhd execut

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