KUALA LUMPUR (Dec 22): Based on corporate announcements and news flow today, companies that may be in focus tomorrow (Dec 23) include: FGV Holdings Bhd, Jiankun International Bhd, Pecca Group Bhd, Kossan Rubber Industries Bhd, Alliance Bank Malaysia Bhd, Ranhill Utilities Bhd, UOA Development Bhd, UOA Real Estate Investment Trust, Mitrajaya Holdings Bhd, Tan Chong Motor Holdings Bhd, and Fintec Global Bhd.
The Federal Land Development Authority (Felda) is eyeing to take
FGV Holdings Bhd private after its unconditional takeover offer for the latter s shares.
Felda said it does not intend to maintain the listing status of FGV on the Main Market of Bursa Malaysia.
No plans by Felda to maintain FGV listing status thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.
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KUALA LUMPUR, Dec 11 (Reuters) - Some Malaysian palm oil plantations are discouraging foreign workers from going home at the end of their contracts and are asking them to keep working as the novel coronavirus exacerbates a chronic labour shortage, rights groups say.
Malaysia’s two biggest palm planters said they were not forcing workers to stay but efforts to repatriate migrants had been slowed by novel coronavirus travel restrictions.
Malaysian plantations have long faced accusations of mistreating the 330,000 or so migrants who make up 84% of the workforce producing palm oil, which is used in everything from food to soap. The crop has also drawn criticism from environmentalists over the clearing of forests to plant it.
Thursday, 17 Dec 2020 01:37 PM MYT
A farmer works at a vegetable farm in Kapar November 3, 2020. ― Picture by Miera Zulyana
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KUALA LUMPUR, Dec 17 Malaysia plans to revisit its approach to agriculture by modernising the sector and adopting smart farming to boost farmers’ income and advance the sector.
Minister in the Prime Minister’s Department (Economy) Datuk Seri Mustapa Mohamed said the sector remained important to the economy, even more so as the Covid-19 pandemic brought new perspectives on food security and jobs creation.
“Going forward, we want to make sure this sector continues to grow. Smart farming is going to be an important subject.
received valid acceptances of 94.38% in property developer TA Global Bhd
. The delisting of the latter will follow next Tuesday as TA Enterprise does not intend to maintain its listing status.
There have also been privatisation offers for TA Enterprise by its chairman and co-founder Datuk Tiah Thee Kian and for FGV Holdings Bhd by the Federal Land Development Authority (Felda).
All these developments have sparked talk in the market that privatisations could be on the rise.
It may have been better for these exercises to be carried out a few months back when the market was still slightly suppressed as compared to now with the return of the bulls on the back of vaccine optimism that has driven the FBM KLCI close to 1,700 points.