Posted by firehawk > 2017-02-02 21:22 | Report Abuse

thks for sharing ... mbl is new to me. May i ask, for time being, it only making crushing m/c, but not operates oil extracting factory, right?

Posted by Triple > 2017-02-02 21:53 | Report Abuse

No. They also operate edible oil milling by acquired 2 Indonesian companies.

1) Acquired 51% of PT Serdang Jaya Perdana on 28 September 2015
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4877593

2) Acquired 33% of PT Banyuasin Nusantara Sejahtera on 25 October 2016.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5240577

That's why their profit has jumped significantly since QR which released on 29 February 2016.
http://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=5152

Posted by Triple > 2017-02-02 22:00 | Report Abuse

PT Banyuasin Nusantara will make contribution to MBL's bottom line in next QR.

Posted by tftey > 2017-02-03 17:00 | Report Abuse

Is the subsidiary selling Crude Palm Kernel? Is MBL Benefit from higher Palm Kernel price?

Posted by Triple > 2017-02-07 14:56 | Report Abuse

They process crude palm kernel into edible oil.