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India's Sakuma Exports sets sights on Ruchi Soya purchase, Sime Darby too has shown interest

2018-02-23 thestar.com.my
Malaysia's Sime Darby Plantation, the world's largest oil palm planter by land holdings, has also expressed interest in Ruchi Soya. (5-0)

Sime Darby reports RM320m net profit in H1

2018-02-23 themalaymailonline
A Sime Darby logo on display at the entrance to its plantation in Sepang outside Kuala Lumpur in this August 5, 2010 file photo. — Reuters pic KUALA LUMPUR, Feb 23 — Sime Darby Berhad registered an increase of 89 per cent in its net profit to RM320 million in the first half ended Dec 31, 2017 compared to a year ago. (5-0)

Sime Darby exlores opportunities to monetise Shandong logistic environment

2018-02-23 themalaymailonline
The logo of Sime Darby is seen at its headquarters in Kuala Lumpur February 7, 2018. — Reuters picKUALA LUMPUR, Feb 23 — Sime Darby Bhd is exploring opportunities to monetise its RM2.4 billion investment in the logistic business in Shandong, China. (5-0)

Trading ideas: Muhibbah Engineering, Gas Malaysia, Vivocom, SD Plantations

2018-02-23 thestar.com.my
KUALA LUMPUR: JF Apex Research expects Muhibbah Engineering (M) Bhd , Gas Malaysia Bhd , Vivocom International Holdings Bhd , Sime Darby Plantations Bhd and Axiata Group Bhd to be among the stocks to watch on Friday. (9-0)

Affin Hwang maintains hold on Sime Darby

2018-02-23 thestar.com.my
(5-0)

Sime Plantation to lower stake in unit

2018-02-22 thestar.com.my
Top management: (from left) Sime Darby Plantation upstream chief operating officer Helmy Othman Basha, chief adviser and value officer Datuk Franki Anthony Dass, Mohd Bakke, chief financial officer Renaka Ramachandran and downstream chief operating officer Mohd Haris Mohd Arshad at the briefing on the group’s financial results. The group registered a 34.5 growth in net profit to RM429mil for the second quarter ended Dec 31, 2017 (5-0)

Sime Darby posts core profit of RM525m in H1

2018-02-22 thestar.com.my
KUALA LUMPUR: Sime Darby Bhd posted a set of firm financial results in the first half ended Dec 31, 2017 with core profit before interest and tax (PBIT) of RM525mil, underpinned by the pick up in Australia's mining business. Also supporting the better results were the increased automotive and equipment sales in China. It reported PBIT of RM495mil and net profit of RM320mil. Its group chief executive officer  Jeffri Salim Davidson said on Thursday the operational results for the first half had been very encouraging. (5-0)

Sime Darby plantation Q2 profit up 34pc on higher earnings from Upstream Malaysia

2018-02-22 themalaymailonline
The earnings included a gain on the sale of land to Sime Darby Property of RM676 million and a one-off reversal of accruals of RM95 million in the first quarter ended Sept 30, 2017. — Reuters picKUALA LUMPUR, Feb 22 — Sime Darby Plantation Bhd’s net profit surged 34 per cent to RM477 million for the second quarter ended Dec 31, 2017 compared with RM341 million recorded in the corresponding quarter, amid higher earnings from Upstream Malaysia and reduced finance costs as a result of lower borrowings. (9-0)

Weah's promised land: Liberia confronts age-old disputes

2018-02-21 yahoo
Gbah (Liberia) (AFP) - Morris Kidir gestures at a wide expanse of dark-green land he says was earmarked for a school or clinic in his northern Liberian village, now covered in young oil palm trees. (5-0)

Bursa Malaysia remains positive at mid-afternoon

2018-02-21 themalaymailonline
Bursa Malaysia remained in the positive territory in range bound trading mid-afternoon. — Picture by Azneal IshakKUALA LUMPUR, Feb 21 — Bursa Malaysia remained in the positive territory in range bound trading mid-afternoon, with buying support emerging for selected bluechip stocks, dealers said. (15-0)

Sime Darby Plantation braces for anti-palm oil challenges

2018-02-20 themalaymailonline
Tan Sri Mohd Bakke Salleh said Sime Darby Plantation Bhd was unaffected by the European Parliament’s proposed move to phase out the use of palm oil in biofuels under its revised Renewable Energy Directive. — Reuters picKUALA LUMPUR, Feb 20 — Sime Darby Plantation Bhd has taken measures to reduce the risk arising from the anti-palm oil sentiment by positioning itself in several producing and consuming countries, which allows it to switch sale offerings between unrefined and refined products. (5-0)

Diary Malaysia 2018 corporate earnings

2018-02-19 thestar.com.my
KUALA LUMPUR: Following is a list of release dates for the quarterly earnings of some top Malaysia-listed companies. (42-0)

RPT-FOCUS-Sime Darby's Africa ambitions stall pending new deforestation rules

2018-02-14 reuters
GBAH, Liberia/KUALA LUMPUR, Feb 14 (Reuters) - When Malaysia’s biggest plantation company Sime Darby leased 220,000 hectares of lush forest in northwest Liberia in 2009, executives said they had found a much needed new frontier in global palm oil development. (5-0)

Sime Darby's Africa ambitions stall pending new deforestation rules

2018-02-14 in.reuters
GBAH, Liberia/KUALA LUMPUR (Reuters) - When Malaysia’s biggest plantation company Sime Darby leased 220,000 hectares of lush forest in northwest Liberia in 2009, executives said they had found a much needed new frontier in global palm oil development. (5-0)

FOCUS-Sime Darby's Africa ambitions stall pending new deforestation rules

2018-02-14 reuters
GBAH, Liberia/KUALA LUMPUR (Reuters) - When Malaysia’s biggest plantation company Sime Darby leased 220,000 hectares of lush forest in northwest Liberia in 2009, executives said they had found a much needed new frontier in global palm oil development. (5-0)