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JAKARTA: Indonesian authorities will hand over more land that has been seized in probes into illegal palm plantations to the new state company Agrinas Palma Nusantara, officials said on Wednesday (March 26), as part of a push to clean up the industry's global image.
JOHOR BARU: An oil palm plantation manager lost RM1.9mil after being scammed into investing in a non-existent cryptocurrency investment.
KUANTAN: The forest and pineapple plantation fire near Kampung Cenderawasih, Pekan since March 7 has increased to 113ha compared to 94ha on Wednesday, said Pahang Fire and Rescue Department director Mohd Razam Taja Rahim.
KUANTAN: The operation to extinguish a fire at a 176ha oil palm plantation and forest along the Kuantan-Sungai Ular bypass in Gebeng, which began on Feb 22 has been successfully completed on Monday (March 10).
MORE plantation owners are being roped in to help reduce human-elephant conflict in Johor that caused over RM1mil in losses last year.
Most plantation companies posted stronger performances in the fourth quarter of financial year 2024 (4Q24), primarily driven by higher palm oil prices.
KOTA KINABALU: A rare sight unfolded in Kinabatangan today as a herd of over 20 elephants returned to a Napier grass plantation, offering tourists an up-close glimpse of Borneo's giants.
TH Plantations Bhd's (THP) earnings shortfall for the financial year 2024 (FY24) was dragged by lower-than-expected crude palm oil (CPO) average selling prices (ASP) achieved and slowing of fresh fruit bunch (FFB) output.
KUANTAN: The Balok Baru area here recorded an air pollutant index (API) reading in the very unhealthy category, at 251, as of 2pm on Monday (March 3), following a fire at a nearby coconut plantation along the Kuantan-Sungai Ular bypass route.
KUALA LUMPUR: Kuala Lumpur Kepong Bhd (KLK) expects its Plantation segment to remain the main earnings driver, with crude palm oil (CPO) prices likely to stay above RM4,000 per tonne.
KUALA LUMPUR: Genting Plantations Bhd (GenP) has announced that Datuk Indera Lim Keong Hui will assume the role of chief executive effective March 1, transitioning from his position as deputy chief executive, which he has held since January 1, 2019.
KUALA LUMPUR: Genting Plantations Bhd (GenP) posted a higher net profit of RM323.06 million for the financial year ended Dec 31, 2024 (FY2024) compared to the RM253.49 million recorded in the preceding year.
Analysts are mostly optimistic about Johor Plantations Group Bhd's earnings prospects following the group's stellar results for last year.
PETALING JAYA: The outlook for Ta Ann Holdings Bhd remained moderate, supported by improvements in its plantation business.
PETALING JAYA: Johor Plantations Group Bhd has registered a higher revenue of RM464.93mil for the fourth quarter ended Dec 31, 2024 (4Q24) compared to RM392.26mil for the same quarter a year ago.
KUALA LUMPUR: A plantation worker was fined RM2,000 by the Magistrate’s Court on Friday (Feb 14) for concealing a suspect involved in a hit-and-run in front of a nightclub on Jalan Klang Lama.
KUALA LUMPUR: A plantation worker was fined RM2,000 for concealing a suspect involved in a hit-and-run in front of a nightclub on Jalan Klang Lama.
KUALA LUMPUR: Johor Plantations Group Bhd (JPG) recorded a higher net profit of RM257.32 million for the financial year ended Dec 31, 2024 (FY2024), up from RM167.31 million a year ago.
PETALING JAYA: Genting Plantations Bhd’s decision to dispose of its freehold estate land in Melaka for RM333.8mil to Scientex Bhd’s unit is deemed as opportunistic, strategic and earnings accretive for the group, say analysts.
Plantation companies will likely deliver a good set of results in the fourth quarter of financial year 2024 (4Q24) given better upstream earnings arising from higher palm product prices.
