Permaju Industries Bhd (PIB) has partnered with the Malaysian Cocoa Board (MCB) to jointly develop and manage a 100-hectare plantation, the largest single origin smart cocoa plantation in this country
SEREMBAN: Permaju Industries Bhd (PIB) has partnered with the Malaysian Cocoa Board (MCB) to jointly develop and manage a 100-hectare plantation, the largest single origin smart cocoa plantation in this country.
PIB executive director Tang Boon Koon said the company has allocated RM15 million over the next seven years to kickstart its plantation division while adhering strictly with global environmental, social, and corporate governance (ESG) criteria for its operations.
KUALA LUMPUR (March 15): The FBM KLCI closed 0.32% higher today, amid bargain hunting after two straight days of decline seen last week.
At 5pm, the benchmark index settled at 1,620.92, up 5.23 points from last Friday’s close of 1,615.69.
Rakuten Trade Research head of equity sales Vincent Lau told theedgemarkets.com that the benchmark index closed higher after the recent sell-off attracted bargain hunters. “Sentiment has also lifted, given investors are positioning on stocks that are expected to benefit from economic recovery as the country’s daily Covid-19 cases continue to show improvement in infectivity rates,” he added.
Among the heavyweights that pushed the KLCI s climb were Maxis Bhd, Genting Bhd, Genting Malaysia Bhd, Petronas Dagangan Bhd and CIMB Group Holdings Bhd.