Posted by calvintaneng > 2021-08-13 07:48 | Report Abuse

We believe this steep discount will incrementally be removed for sustainability leaders due to the viability of sustainable palm oil,” the analysts said.

Since the complain is not the functionality or practicality of palm oil but from other human causes like "labour exploitation" this problem could be resolved by being a more responsible planter.

The Increased of wealth effect will flow down to all parties - both planters & labourers will reap the rewards

As for Environmental concern according to Mr Shane (Assist Manager of IjmPlant) he said that the cutting down of forests were not done by Palm Oil Planters. They were done by loggers who precede them. So it is wrong to blame Palm Oil Planters for deforestration

In any case Sarawak has banned turning forest land into palm oil already (So environmental issues will also be done away)

Posted by calvintaneng > 2021-08-13 07:52 | Report Abuse

As to labour the US should look at its own deplorable of capturing Negro Slaves from Africa to work in its plantations in early days against their will and freedom

In Malaysia no Indonesian labourers in Palm oil were captured as slaves to work against their own will. In fact their gladly come and work in Malaysia due to the higher prevailing wages of Rm1,200 to Rm1,500 for skilled FFB harvesters

Back home they get as low as Rm600 only a month

So it is not ESG but pragmatic necessity that draws them to Malaysia

Posted by calvintaneng > 2021-08-13 08:27 | Report Abuse

RIVERVIEW & MHC PLANT: 2 MORE PALM OIL STOCKS REPORTING INCREASE OF OVER 200% PROFIT EACH, Calvin Tan

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2021-08-12-story-h1569712578-RIVERVIEW_MHC_PLANT_2_MORE_PALM_OIL_STOCKS_REPORTING_INCREASE_OF_OVER_2.jsp