KUALA LUMPUR: OSK Research Sdn Bhd believes PPB Group Bhd may utilise the proceeds raised from the sale of its sugar units to invest in Wilmar China. “We suspect that the proceeds would most likely be invested in Wilmar China,...
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It is and probably will remain a mystery why Robert Kuok has exited the sugar business in Malaysia. It is likely though that the following reasons played a part: First, the Malaysian sugar business is small compared with Kuoks...
KUALA LUMPUR: PPB GROUP BHD [] may utilise the RM1.29 billion proceeds from the sale of its sugar refining and trading business in Malaysia, to subscribe for shares in Wilmar China, according to OSK Research.
IT is and probably will remain a mystery why Tan Sri Robert Kuok has exited the sugar business in Malaysia. It is likely though that the following reasons played a part: First, the Malaysian sugar business is small compared...
IT is and probably will remain a mystery why Tan Sri Robert Kuok has exited the sugar business in Malaysia. It is likely though that the following reasons played a part: First, the Malaysian sugar business is small compared...
SINGAPORE, Nov 3 — Given that Robert Kuok is synonymous with the sugar trade, few would have envisaged the tycoon leaving the business that earned him the moniker Sugar King. His PPB group announced late Friday that it planned...
KUALA LUMPUR: PPB Group will be in focus today following its plans to exit its sugar refining business by selling it to the Federal Land Development Authority (Felda), netting a gain of more than RM1 billion at the company level.
KUALA LUMPUR: OSK Research Sdn Bhd believes PPB Group Bhd may utilise the proceeds raised from the sale of its sugar units to invest in Wilmar China. “We suspect that the proceeds would most likely be invested in Wilmar China,...
PPB GROUP BHD has proposed to dispose its 100 per cent equity interest in Malayan Sugar Manufacturing Company Bhd to Felda Global Ventures Holdings Sdn Bhd (FGVH) for RM1.2 million. It also proposing to sell 50 per cent of its...