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Sizing up Sime Darby’s demerger

Regional flavour: Sime Darby will retain the trading and logistics businesses which are concentrated on the distribution and selling of motor vehicles as well as heavy equipment. (16-0)

Not true MH370 search mission to continue next year, transport minister says

2017-11-01 themalaymailonline
Datuk Seri Liow Tiong Lai said his ministry had not finalised the negotiation with United States-based seabed exploration outfit, ‘Ocean Infinity’ and would look into the details of expert views. — Reuters picKUALA LUMPUR, Nov 1 ― An international media outlet which claimed the search operation for the missing MH370 could resume next year, was not true, said Transport Minister Datuk Seri Liow Tiong Lai. (9-0)

Bursa opens lower

2017-09-29 themalaymailonline
At 9.15am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 2.17 points weaker at 1,755.89 from Thursday's close of 1,758.06. (6-0)

Fatty Alcohols Market by Type, Application And Region - Global Forecast to 2022

2017-09-26 prnewswire
Increase in penetration of surfactant-based industries and easy availability of feedstock for fatty alcohols is driving the global fatty alcohols market (30-0)

Fatty Alcohols Market Worth 6.01 Billion USD by 2022

2017-09-19 prnewswire
The report "Fatty Alcohols Market by Type (Short Chain, Pure & Midcut, Long Chain, Higher Chain), Application (Industrial & Domestic Cleaning, Personal Care, Lubricants, Plasticizers, Pharmaceutical Formulation, Food & Nutrition), and Region - Global Forecast to 2022", published by MarketsandMarkets™, the market is estimated at USD 4.72 Billion in 2017 and is projected to reach USD 6.01 Billion by 2022, at a CAGR of 5. (30-0)

Bursa remains in the red at mid-afternoon

2017-09-14 themalaymailonline
KUALA LUMPUR, Sept 14 — Bursa Malaysia remained in the red at mid-afternoon today, in tracking the downtrend on most Asian bourses, and due to continued selling in selected heavyweights, dealers said.

Planters in for better earnings on higher palm oil price

Kenanga Research, in its latest report, said planters with high plantations exposure in Peninsular Malaysia such as Sime Darby Bhd, IOI Corp Bhd, Kuala Lumpur Kepong Bhd (KLK), Felda Global Ventures Holdings Bhd (FGV) and United Malacca Bhd could see higher-than-average production growth trends.

CPO production sees strong recovery

KUALA LUMPUR: Malaysia's CPO production rebounded strongly by 20.7% month-on-month (m-o-m) and 15.3% year-on-year (y-o-y) in July to 1.83 million metric tonnes.  For the seven months of 2017, total CPO production was up 14.9% y-o-y. The recovery is in line with expectations, says Affin Hwang Capital Research in its  update on Friday, as the sector rebounds from the El Nino phenomenon in 2015/16. Exports of palm oil rose 1.

KLCI jumps early Tuesday, inspired by Wall Street

KUALA LUMPUR: The FBM KLCI rose early Tuesday as investor sentiment was bolstered by the strong overnight close on Wall Street.

Would Grab command billions if it goes public?

AFTER the latest round of fund-raising, Grab, the company that has taken the hired-car service industry in the region by storm, commands a valuation of US$6bil or RM25.6bil.

CPO price discount to soybean oil widening, may result in demand for CPO

Ready market: Analysts say price-sensitive major markets such as China and India were keen to take up palm oil as a cheaper alternative to soybean oil. — Reuters

Global Soap Noodles Market 2017-2021

2017-07-05 prnewswire
LONDON, July 5, 2017 /PRNewswire/ -- Soap noodles are small noodle-like oil-based products. It is primarily used as a base material in the production of household and toilet soaps along with the additives like pigments, distinctive fragrance, and others. They are generally made from a sodium hydroxide reaction with vegetable oil-based fatty acids or tallow-based fatty acids. Download the full report: https://www.

UEM Edgenta’s prospects intact

Azmir: ‘We expect to achieve better revenue growth this year, supported by the contribution from newly acquired entities.’

Bursa ends broadly lower

2017-06-16 themalaymailonline
KUALA LUMPUR, June 16 — Bursa Malaysia ended broadly lower today, while the bellwether FTSE Bursa Malaysia KLCI (FBM KLCI) inched up above the 1,790-level on buying interest in selected heavyweights led by plantation-related counters, IOI Corp and Kuala Lumpur Kepong.

Bursa opens higher

2017-06-14 themalaymailonline
On the broader market, market breadth was positive with gainers outpacing losers 183 to 75 while 179 counters were unchanged, 1,366 untraded and 29 others were suspended. — Bernama picKUALA LUMPUR, June 14 — Bursa Malaysia rebounded to open higher this morning, tracking Wall Street’s performance overnight, said a dealer.