PETALING JAYA: Sarawak-based listed plantation firms faced mild selling pressure, following reports that Wilmar International Ltd would discontinue buying crude palm oil (CPO) from some plantations in Sarawak from 2016.
Ta Ann Holdings Bhd
and Sarawak Oil Palms Bhd (SOP) were among the top losers on the local bourse for the day, shedding 15 sen or 3.6% and 19 sen or 3% respectively while Jaya Tiasa Bhd and TH Plantations shed two sen each off their share price.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
