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2023-04-25 19:04 | Report Abuse
2023-04-25
Annual Result
Annual Report on 31-Dec-2022.
2023-04-25
Meeting Notice
General Meeting on 25-May-2023.
2023-04-20 14:31 | Report Abuse
MANAGEMENT REVIEW & ANALYSIS
BY THE EXECUTIVE DIRECTOR
OVERVIEW OF BUSINESS AND OPERATION
Core Businesses
Oil Palm Plantation and Mill Operation
Sarawak Plantation Group’s principal businesses are
cultivation of oil palm and processing of fresh fruit bunches
(FFB) into crude palm oil (CPO) and palm kernel (PK). The
oil palm business has two core operations, namely estate
operation and mill operation. This contributes over 99% of
the Group’s revenue and earnings. The Group owns 13 oil
palm estates with total land bank of 42,185 hectares (ha).
SARAWAK PLANTATION BERHAD | ANNUAL REPORT 2022 27
In the year under review, the total plantable hectarage
was 35,656 ha. In addition, the Group also has another
estate with the size of 412 ha (planted 405 ha) under a
joint venture with one of the Sarawak State Agencies.
The Group owns and operates 2 palm oil mills located
at Niah and Mukah, respectively. During the current
financial year, Niah Palm Oil Mill’s capacity was
expanded from 60 metric tonne per hour (mt/hr) to
80 mt/hr, leading to the Group’s total milling capacity
of 140 mt/hr.
2023-04-20 09:35 | Report Abuse
Sugar no expiry date correct? If BOD smart try to make as much as possible shipment during toll free period to reduce toll cost.
2023-04-19 09:42 | Report Abuse
Why goreng? Sugar price increase is it?
2023-04-18 20:49 | Report Abuse
WCT to work with MAHB on RM1.3bil Subang Airport regeneration
https://www.nst.com.my/business/2023/04/900935/wct-work-mahb-rm13bil-subang-airport-regeneration
2023-04-15 05:26 | Report Abuse
So Penang Undersea Tunnel project to be continued?
2023-04-15 05:24 | Report Abuse
He said Penang before this had been somewhat left out of several major projects, but since the Unity government was established, more attention has been given to having such projects in the state.
“We must use all the resources to continue with these projects.. all those projects that were sidelined, to not just continue, but to redevelop so that Penang remains at the forefront,” he said.
https://www.theedgemarkets.com/node/663469
2023-04-12 14:05 | Report Abuse
MATERIAL LITIGATION KOTA KINABALU HIGH COURT SUIT NO.: BKI-22NCvC-21/3-2023 EUGGNE KOUSAI v. 1. SRI KEHUMA SDN. BHD. 2. YAPIDMAS PLANTATION SDN. BHD.
FGV HOLDINGS BERHAD
Type Announcement
Subject MATERIAL LITIGATION
Description
KOTA KINABALU HIGH COURT SUIT NO.: BKI-22NCvC-21/3-2023 EUGGNE KOUSAI v. 1. SRI KEHUMA SDN. BHD. 2. YAPIDMAS PLANTATION SDN. BHD.
FGV Holdings Berhad (“FGV”) wishes to announce that its subsidiaries, Sri Kehuma Sdn. Bhd. and Yapidmas Plantation Sdn. Bhd. (“the Defendants”) had on 10 April 2023 been served with a sealed Writ of Summons dated 13 March 2023 (“the Writ”) by Euggne Kousai (“the Plaintiff”).
The Plaintiff among others claiming for damages amounting to RM24,924,000.00 due to the Defendants alleged fraudulent transaction and continuing trespass in relation to the lease agreements of forty-one (41) parcels of lands held under Native Tittle where the Plaintiff claims to be the registered owner.
The Court has fixed for the first Case Management on 13 April 2023 at Kota Kinabalu High Court.
FGV and the Defendants are seeking legal advice to act against the Writ.
Further announcement on the development of the above matter will be made in due course.
This announcement is dated 12 April 2023.
https://www.klsescreener.com/v2/announcements/view/4713635
2023-04-11 12:26 | Report Abuse
Property project near MRT station? Selling better nowadays?
2023-04-11 12:24 | Report Abuse
How many % car drivers in KL willing to take LRT, MRT to solve traffic jam problem not drive their own car? 20-30% or less than 10%?
2023-04-07 13:57 | Report Abuse
No wonder major shareholder TS Bustari Yusof keep buying.
2023-04-07 12:25 | Report Abuse
If go ahead FGV won't delist? Why in the past said differently?
2023-04-07 12:14 | Report Abuse
Is Najib back as PM? If Anwar PM everything must be open tender.
2023-04-07 10:25 | Report Abuse
NTA RM 1.34 still RM 1.06 to go up to match.
2023-04-05 10:14 | Report Abuse
Why need to issue preference share?
2023-04-05 10:13 | Report Abuse
FGV gets fourth extension to comply with public shareholding spread as it mulls preference shares issuance
KUALA LUMPUR (April 4): FGV Holdings Bhd said it has received a fourth extension from Bursa Securities to comply with the minimum public shareholding spread by September 2023.
The plantation group’s public shareholding spread stood at 13.09%, compared with the minimum requirement of 25%.
The extension was provided soon after FGV said that its board of directors is exploring the issuance of new Islamic preference shares, as part of a rectification plan for the company to comply with the public spread requirement.
“If feasible, the corporate proposal is expected to take up to eight months to complete, barring unforeseen circumstances,” FGV said when revealing the plan on Feb 27.
FGV is 86.91%-owned by the Federal Land Development Authority (Felda), which raised its stake from 36.61% amid a failed privatisation exercise in 2021 at RM1.30 per share in December 2021. The takeover exercise’s deadline was extended three times.
Extension to the deadline for FGV to comply with public shareholding spread was provided in March 2021 to August 2021.
It was postponed further to February 2022, and later to August 2022 before an initial rejection by Bursa Securities for another extension — until the preference shares proposal was mooted.
Shares of FGV settled down one sen or 0.68% at RM1.45, giving it a market capitalisation of RM5.29 billion. Year to date, the counter has risen by 9.85%.
https://www.theedgemarkets.com/node/662129
2023-03-31 09:27 | Report Abuse
1.49 yesterday is 1.6 before div ex-date so those holding for dividend paid off? I admit I am not a good trader to precisely know lowest or highest for each stock.
2023-03-31 05:45 | Report Abuse
Anwar forced you? If don't sign; Ampang Zuraida cannot be candidate in GE14?
2023-03-31 05:26 | Report Abuse
Icon Offshore appoints Ekuinas senior executive Aliff Omar as alternate director
https://www.theedgemarkets.com/node/661531
2023-03-31 05:21 | Report Abuse
Revenue Group Bhd’s former executive director and co-founder Dino Ng Shih Fang has ceased to be a substantial shareholder of the group, after offloading 53.95 million shares or a 11.19% stake. Following the disposal, Dino is left with 15.3 million shares or a 3.17% stake in the e-payment solutions provider. Dino co-founded Revenue with Datuk Eddie Ng Chee Siong, as well as his brother Brian Ng Shih Chiow in 2003. With this, all three co-founders of Revenue have ceased to be substantial shareholders in the group. All three had also left the board in the past two weeks.
https://www.klsescreener.com/v2/news/view/1132205/petronas-gas-gamuda-astro-united-malacca-infomina-cab-cakaran-sns-samaiden-beshom-revenue-ireka-and-classita
2023-03-31 05:14 | Report Abuse
Revenue RM 4.9 mil revenue latest QR look like is lowest ever how can say company woes no more? Director Ng Shih Fang still selling on 24th Mar at price 26-30 sen. MR LEONG SENG WUI the buyer can he turn around Revenue where he failed in Green Packet?
2023-03-31 05:02 | Report Abuse
So is 24-25 sen bottom? Why not 20 sen?
Ahead1268
Peoples will chase and buy when price up.
Handful smart investor will buy at bottom
7 hours ago
2023-03-31 04:54 | Report Abuse
Icon 9.5 sen is 16.2 sen before special dividend. Those who follow Icon long enough will know the counter has stabilised since Anwar appointed as PM.
2023-03-31 04:49 | Report Abuse
Icon better than your counter Revenue which plunge a lot in 2023. Icon bottom price look like is 8.5 sen?
Kayvera
Unfortunately, price not affected favourably?
2023-03-28 21:31 | Report Abuse
Icon Offshore awarded OSV contracts by Hibiscus
https://www.freemalaysiatoday.com/category/business/2023/03/28/icon-offshore-awarded-osv-contracts-by-hibiscus/
2023-03-28 14:51 | Report Abuse
Property huge NTA can be realised if they decide to sell land. Discount 78 sen to NTA meaning Huayang will suffer huge loss if sell land?
2023-03-28 14:47 | Report Abuse
Nobody promote so cannot sustain rise? Still cheap to NTA RM 1.01. Huayang also profitable in latest QR.
2023-03-28 11:13 | Report Abuse
Penang Undersea Tunnel because Anwar is from Penang. HSR as announced earlier by Anthony Loke must be funded by private sector.
2023-03-28 11:08 | Report Abuse
M'sia not Japan who need HSR because already got Airasia. Train why cannot use double tracking which run from JB to Padang Besar?
2023-03-28 10:07 | Report Abuse
Major investment is Penang Undersea Tunnel? Worth RM billion?
2023-03-28 09:43 | Report Abuse
Govt to announce major investment this week, says PM Anwar
https://www.theedgemarkets.com/node/660964
2023-03-28 09:39 | Report Abuse
If delist Ekuinas own by govn will suffer huge loss. Why you so black heart? Foreigner not Malaysian is it? If got balls answer me back or get lost haha.
2023-03-28 09:27 | Report Abuse
11 sen dividend ex-date 29th Mar(tomorrow)is 6.96% at 1.58 far better yield than EPF dividend or FD rate. If add to 4 sen announced earlier FGV DY become 9.49%.
2023-03-28 09:18 | Report Abuse
Real estate(property) Gamuda invest big is good?
2023-03-27 17:03 | Report Abuse
LRT many challenges to build in Penang? Build Undersea Tunnel or 3rd bridge to ease traffic jam better.
2023-03-27 12:35 | Report Abuse
FGV hold relatively well at 1.6 despite CPO price plunge because of 11 sen dividend? PM-X China visit can reverse CPO price plunge? 2 more days we can know.
2023-03-27 12:07 | Report Abuse
If AT sunsetbiz true why no 1 volume today? 1.5 sen done those bought at 0.5 and 1 sen make handsome gain.
2023-03-21 14:41 | Report Abuse
IJM/Gamuda also possible suitor?
2023-03-21 14:39 | Report Abuse
If VT/Danny Tan takeover RM 1 possible?
2023-03-21 14:37 | Report Abuse
NTA 83 sen still cheap by 21 sen.
2023-03-21 14:35 | Report Abuse
Penang island no more land. Can reclaim from sea like S'pore?
Stock: [STAR]: STAR MEDIA GROUP BERHAD
2023-04-26 09:24 | Report Abuse
Star has gone up 100% from low how about other publication companies like Media Prima or Media Chinese, why still not moving?