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While the knee-jerk reaction on the part of multinational corporations like Ferrero to stop buying palm oil products from Sime Darby Plantation Bhd (SDP) is regrettable, they seem to have overlooked the fact that SDP is the largest producer of Roundtable on Sustainable Palm Oil-certified sustainable palm oil globally.
KUALA LUMPUR, Feb 18 — Sime Darby Plantation Bhd is continuing its engagement with the US Customs and Border Protection (CBP) and expects to submit the report by Impactt Ltd in the first quarter this year. “Following that, the US CBP will review the report and the company will continue its...
KUALA LUMPUR, Dec 19 — Labour shortage was the biggest hurdle faced by the palm oil industry this year, with losses for the country running into billions of ringgit, but the global economic reopening has resulted in pent-up demand for the versatile oil. Palm oil and rubber are...
HONG KONG: Top Glove Corp’s plan to list in Hong Kong and raise up to US$1bil (RM4.13bil) has been delayed as the world’s largest rubber glove maker seeks to resolve a US import ban on its products, sources with direct knowledge of the matter said.
HONG KONG/KUALA LUMPUR/SINGAPORE (June 1): Top Glove Corporation Bhd's plan to list in Hong Kong and raise up to US$1 billion has been delayed as the world's largest rubber glove maker seeks to resolve a US import ban on its products, sources with direct knowledge of the matter said. The Malaysian firm, which is already listed in Kuala Lumpur and Singapore, flagged in late April it would sell 793.5 million shares in the listing, half what the company proposed in its application to the Hong Kong Stock Exchange in February. However, the deal has stalled as the company awaits indications from US...