After the quarterly review, the STI will remove Golden Agri as a constituent and add Mapletree Logistics Trust, FTSE Russell said Thursday.
These are Singapore companies which may be in focus Monday, 4 November 2019: Ascendas REIT, CityDev, IREIT, OCBC and Lendlease Global Commercial REIT.
The Environmental Investigation Agency (EIA) alleged Sunday the Roundtable on Sustainable Palm Oil gives false environmental credibility to its members’ products.
Global Palm Resources warned Thursday it expected to report a net loss after income tax for the third quarter.
Indofood Agri reported Thursday it swung to a 3Q19 net loss of 126 billion rupiah from a year-ago net profit as crude palm oil and palm kernal prices fell.
Wilmar said Friday it has formed two new subsidiaries, one in China for generating electricity, and the other in Senagal for trading agricultural products.
These are Singapore companies which may be in focus on Thursday, 26 September 2019: Lendlease Global Commercial REIT, F&N, Thai Beverage and GuocoLand.
These are Singapore companies which may be in focus on Friday, 20 September 2019: UOB, MUST, Sunpower, Fortune REIT, POSH and TEE International.
Simon Lord, chief sustainability officer at Malaysian palm-oil producer Sime Darby Plantation, had a message on Wednesday: It’s not our fault.
Maybank KimEng downgraded Wilmar to Hold from Buy, pointing to the disruption from an outbreak of African swine flu in China.
Golden Agri reported Wednesday its 2Q19 net loss widened to US$64.70M, from a net loss of US$39.02M in the year-ago quarter as palm oil prices dropped.
Wilmar reported Tuesday its 2Q19 net profit dropped 52.3% on-year, partly on lower soybean crush margins and on weaker performance from the sugar division.
Wilmar said Tuesday it planned to list a 10 % stake in its China operations, Yihai Kerry Arawana, on the ChiNext board of the Shenzhen Stock Exchange.
Kencana Agri warned Friday it expects to report a second quarter net loss, mainly on low crude palm oil prices.
Global Palm Resources warned Wednesday it expects to report a net loss for 2Q19, mainly on a drop in the sales volume and prices of crude palm oil.
Indofood Agri reported Wednesday its 2Q19 net loss widened to IDR216.54B from IDR68.60B in the year-ago period on lower selling prices for palm products.
These are Singapore companies which may be in focus on Friday, 26 July 2019: ST Engineering, Wilmar, Mapletree Commercial Trust and Sunpower.
Bumitama Agri has issued 700 million ringgit of Islamic medium-term notes (IMTN) in two tranches, the palm oil producer said in a filing to SGX Monday.
These are Singapore companies which announced share buybacks on Friday, 12 July 2019: Venture, Olam, Straits Trading and Global Palm Resources.
China securities regulators accepted an application from Wilmar’s 99.99%-owned subsidiary YKA for a proposed Shenzhen IPO, the commodity trader said Friday.