KLK and Batu Kawan post lower earnings, offer DRP to retain cash

KUALA LUMPUR: Kuala Lumpur Kepong Bhd (KLK) and its parent company Batu Kawan Bhd, which reported lower earnings during their just-ended financial year, have both proposed a dividend reinvestment plan (DRP) to retain cash for general corporate and working capital requirements.

Felcra signs MoU on algae production

KUCHING: Felcra Berhad and Algatech International Sdn Bhd sealed a partnership to explore and develop the algae industry with focus on commercial production through a memorandum of understanding (MoU) yesterday.

Indonesia and Malaysia fire back at the EU over palm oil

JAKARTA/KUALA LUMPUR Indonesia and Malaysia are considering joint action to counter possible European Union restrictions on the import of palm oil.

Concern over EU’s resolution on palm oil

KUCHING: Malaysia and Indonesia continue to express great concerns on the ‘European Parliament Resolution on Palm Oil and Deforestation of the Rainforests’ which was launched by the European Union (EU) in April.

Sabah planters will continue to feel the heat from El Nino

KUALA LUMPUR: Lingering effects of the scorching El Nino weather phenomenon, which have affected oil palm players’ production and earnings in this part of the world since 2015, will continue to affect plantation players, specifically for those who only have estates in Sabah.

More at MPOC’s HQ