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Given the steep discount to its underlying value, oil palm planter Chin Teck Plantations Bhd may stand to be privatised in the future, according to PublicInvest Research.
INVESTORS with a keen eye would have noticed the uncanny similarities between plantation companies Chin Teck Plantations Bhd and Negri Sembilan Oil Palms Bhd (NSOP).
A look at the corporate information of the sister companies shows that they share the same majority shareholder Tiong Thy...
KUALA LUMPUR: The FBM KLCI finished higher on Tuesday on bargain hunting following the recent sell-off and in tandem with the positive performance of regional bourses.
KUALA LUMPUR (April 25): Plantation stocks on the local bourse dominated the top gainer list on Monday morning (April 25) as Indonesia’s move to ban palm oil exports is seen to benefit Malaysian planters.
At the time of writing, Kuala Lumpur ...
KUALA LUMPUR (March 2): theedgemarkets.com highlighted nine stocks with momentum at Bursa Malaysia’s afternoon close today. Two stock displayed positive momentum, while seven showed negative momentum.
Stocks with positive momentum were:
Cepatwawasan Group Berhad – up 3 sen at RM1.16
TH ...