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United Malacca CEO Peter Benjamin to retire


United Malacca CEO Peter Benjamin to retire
The Edge
2 hrs ago
Adam Aziz
© Provided by The Edge
KUALA LUMPUR (June 1): United Malacca Bhd today announced the retirement of its chief executive officer (CEO) Peter Benjamin come June 30, after helming the plantation group for seven years.
Benjamin, 64, has served in the plantation industry for 42 years across different senior management roles in local, international and public listed companies throughout his career, United Malacca said in a bourse filing.
His roles brought him to Sabah, Peninsular Malaysia, Indonesia and Papua New Guinea, the group said.
Over the years, he has managed different crops from rubber, oil palm, cocoa, coconut, sago, forestry, palm oil mills, sago factory and is well versed in the field of sustainability and mechanisation, United Malacca said. ....

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TA Enterprise, Widad, Top Glove, Guocoland, F&N, George Kent, United Malacca, Econpile, Deleum, Uzma and Apollo Food


KUALA LUMPUR (Dec 15): Based on corporate announcements and news flow today, companies in focus tomorrow (Dec 16) may include: TA Enterprise Bhd, Widad Group Bhd, Top Glove Corp Bhd, Guocoland (Malaysia) Bhd , Fraser & Neave Holdings Bhd (F&N), George Kent (Malaysia) Bhd, United Malacca Bhd, Econpile Holdings Bhd, Deleum Bhd, Uzma Bhd and Apollo Food Holdings Bhd.
TA Enterprise Bhd (
TAE) said it has received a notice of an unconditional mandatory takeover offer from Datuk Tony Tiah Thee Kian to acquire all remaining ordinary shares in TAE not already owned by him at a cash offer price of 65.5 sen each, after Tiah and persons acting in concert with him triggered the creeping threshold, whereby their collective shareholdings in TAE will be increased from 42.36% to 59.78%. ....

Kuala Lumpur , Phnom Penh , Petronas Carigali Sdn Bhd , Sdn Bhd , Deleum Bhd , Econpilem Sdn Bhd , Deleum Primera Sdn Bhd , Uzma Bhd , Setegap Ventures Petroleum Sdn Bhd , Hong Majoritas Global Ltd , Top Glove Corp Bhd , Corruption Commission , Fraser Neave Holdings Bhd , Widad Group Bhd , Apollo Food Industriesm Sdn Bhd , Apollo Food Holdings Bhd , Tropicana Corp Bhd , Econpile Holdings Bhd , Lee Shun Hing Sauce Industries Sdn Bhd , Vaxart Inc , Provident Fund , International Inc Ltd , Neave Holdings Bhd , George Kent , United Malacca Bhd , Apollo Food Holdings ,

United Malacca posts RM7.43m profit for 2Q, declares three sen dividend


KUALA LUMPUR (Dec 15): United Malacca Bhd posted a net profit of RM7.43 million for the second quarter ended Oct 31, 2020 (2QFY21), down from RM36.89 million a year ago, as the previous year registered a gain of RM49.3 million from the disposal of non-current assets held for sale.
The group s revenue, meanwhile, rose 27% to RM97.95 million from RM76.99 million previously, amid higher average crude palm oil (CPO) and palm kernel prices.
It said both its Malaysian and Indonesian ops registered higher earnings before interest, taxes, depreciation, and amortisation (Ebitda). Malaysian ops Ebitda improved to RM23.3 million from RM3.7 million, while Indonesian ops Ebitda was at RM3.2 million versus RM1 million previously. ....

Kuala Lumpur , Indonesia General , United Malacca Bhd , United Malacca , குவாலா லம்பூர் , இந்தோனேசியா ஜநரல் , ஒன்றுபட்டது மலாக்கா ப்ட் , ஒன்றுபட்டது மலாக்கா ,