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Malaysia
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Malayan Flour Mills Bhd swings to US$9M quarterly profit on stronger flour volumes
Quarterly revenue increased 7.2% supported by higher sales volumes in the flour and grain trading (FGT) segment .
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IMCD inaugurates newly integrated technical centre in Malaysia
The newly integrated headquarters and technical centre bring Malaysia offices and laboratory facilities together under one roof to better serve customers across Food & Nutrition, Beauty & Personal Care, and Home Care I&I business groups.
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Malayan Flour Mills sees 49% surge in Q2 net profit on strong flour, grain trading volumes
The flour and grain trading business was the main driver of earnings, contributing US$10.84 million in operating profit.
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Malaysia seeks to allocate US$330M for palm oil replanting economic plan
The replanting rate dropped further to 2% last year, prompting concerns about long-term sustainability.
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Cargill to sell Malaysian animal feed business to CAB Cakaran for US$49M
The acquisition will be carried out by CAB’s unit, CAB Cakaran Sdn Bhd which operates over 100 broiler and breeder farms across Peninsular Malaysia.