Agribusiness
Olam bags $1.3bn gas deal with Gabon
The agreement with Gabon is to set up a port-based Ammonia-Urea complex.
Olam bags $1.3bn gas deal with Gabon
The agreement with Gabon is to set up a port-based Ammonia-Urea complex.
Damage to Japanese nuclear reactors seen to have minimal impact on Noble
No meaningful impact on the thermal coal demand is expected, as DBS understands peak-load plants in Japan are mostly oil-fired.
Noble Group net profit increased to US$606 million in 2010
The Group reported record revenue of US$56.7 billion for FY 2010.
Golden Agri-Resources achieved record net profit of US$1.42bn in 2010
Full year core net profit almost doubled to US$387 million, while EBITDA reached US$661 million.
Olam acquired 1.3mn hectares of Forest Stewardship Council certified forest areas
Congolaise Industrielle des Bois has obtained Forest Stewardship Council certification for an additional 571,100 hectares of natural forest areas.
Olam accounting concerns: statement refutes three contentions in CLSA report
Issues raised include export incentives, differences in audited and unaudited accounts and negative EVA.
Wilmar reported net profit of US$318.6mn in 4Q 2010
Excluding biological asset gains, 4Q10 net profit was US$117.8 million.
Golden Agri-Resources reacts to Greenpeace campaign with new policy
The policy pushes the Singapore-listed firm to have no development on High Carbon Stock forests, High Conservation Value forest areas and peat lands...
Olam to acquire tt Timber International from Dalhoff Larsen Horneman
The acquisition will provide Olam with steady US$106-133 million revenues and 16-19% EBITDA margins from two African countries by 2014.
China Fishery profit up 23.5% to US$116.5mln
The company sees sustained growth as demand for fish is expected to remain robust while seafood prices are also on a positive trend.
China Fishery inks US$425mln club loan facility
Facility to further strengthen the Group’s financial position and capital structure for possible future growth opportunities.
Olam invests US$1.3bln for fertilizer production
Forms joint venture with Republic of Gabon to set up a port-based ammonia-urea fertilizer complex.
Olam first quarter FY2011 profit up 56% to S$29.7mln
Growth in four business segments contributed to the group’s sales volume surge as key strategic initiatives worked out.
Phillip Securities keep buy advice on Wilmar International
The acquisition of a sugar refiner in Indonesia and the launch of its loan and credit facility were factors that pushed Phillip Securities Research...
Qian Hu Corporation Ltd posts 3Q10 net profit of $1.2 million
Qian Hu Corporation Ltd’s 3Q10 net profit of $1.2 million and revenues of $22.9 million were dismal compared to a year ago showed things are...
Qian Hu third quarter profit up 27.7% to $1.2mln
Directors see marginal sales improvements and stronger second half with group revenue up 1.0% to $23mln.
Wilmar barely affected by Indonesian moratorium
The company believes Indonesia has enough non-forest degraded lands to accommodate growth of plantation businesses.
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