[ PETALING JAYA: MKH Oil Palm (East Kalimantan) Bhd’s (MKHOP) initial public offering (IPO) has been oversubscribed by 8.4 times ahead of its listing on the Main Market of Bursa Malaysia. The group’s IPO involves the issuance of 220 million new ordinary shares in MKHOP at an issue price of 62 sen per share. This … Read more
[ KUALA LUMPUR: Kuala Lumpur Kepong Bhd (KLK) has redesignated its chief executive officer (CEO) Tan Sri Lee Oi Hian as executive chairman, effective Feb 22, 2024, following the retirement of Tun Raja Muhammad Alias Raja Muhammad Ali as the group chairman tomorrow. In a statement today, KLK said Lee joined KLK in 1974 as … Read more
[ KUALA LUMPUR: NPC Resources Bhd’s subsidiaries, Berkat Setia Sdn Bhd (BSSB), Bonus Indah Sdn Bhd (BISB) and Kian Merculaba Sdn Bhd (KMSB), have received acceptance from Tamaco Plantation Sdn Bhd (TPSB) for their property sale offer. These include six parcels of palm oil agriculture land measuring in total 101.71 hectares (ha) in Labuk and … Read more
