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agriculture
Company in the news
Temasek, Bayer form joint vertical farming venture in California
Temasek Holdings is partnering German multinational pharmaceutical and life sciences company Bayer AG to create a new vertical farming venture headquartered in California.
August 12, 2020
Malaysia
Time for Malaysia to act on food security
SINGAPORE (Nov 18): Food security, says the Food and Agriculture Organization of the United Nations, exists when all people, at all times, have physical, social and economic access to sufficient, safe and nutritious food that meets their dietary needs.
November 15, 2019
Malaysia
More focus needed on agri-food sector
SINGAPORE (Nov 18): The agricultural sector contributed 8.2% or RM96 billion to Malaysia’s GDP in 2017. Palm oil was the major contributor at 46.6% followed by other agriculture produce (18.6%), livestock (11.4%), fishing (10.5%), rubber (7.3%) and fore
November 15, 2019
Funds
UOB Venture Management launching second Asia impact fund in 2H
SINGAPORE (June 10): UOB Venture Management (UOBVM) says it intends to roll out its second impact fund, the second series of the Asia Impact Investment Fund (AIIF II), to global institutional and accredited investors in 2H19.
June 10, 2019
Activist investment
Open letter to the board of Indofood Agri Resources
SINGAPORE (May 20): Dear Board of Directors, As a long-term investor in Indofood Agri Resources (IndoAgri), I am disappointed that you are recommending that I accept the offer from Indofood Sukses Makmur (Indofood). The offer price of 28 cents per share s
May 20, 2019
Broker's Calls
Brokers slash estimates for Bumitama after 1Q disappointment, but say production remains strong
SINGAPORE (May 17): DBS Vickers Securities and UOB Kay Hian are maintaining their “buy” recommendations on Bumitama Agri Limited (BAL) with the respective price targets of 69 cents and 81 cents, even as the palm oil producer missed both research house
May 17, 2019
Results
Olam's 1Q earnings grow 6.9% to $169 mil with improved operating performance
SINGAPORE (May 14): Olam International has announced earnings of $168.9 million for 1Q19, rising 6.9% y-o-y from $158 million due to improved operating performance, which was offset in part by increased depreciation and finance costs.
May 14, 2019
Sector Focus
Olam announces third palm plantation to achieve RSPO certification
SINGAPORE (May 2): Olam International says its Mouila Lot 3 palm plantation in Gabon has become Roundtable on Sustainable Palm Oil (RSPO) certified.
May 02, 2019
Global Economy
Trade-war detente leaves booby traps for investors: Reuters Breakingviews
WASHINGTON (Dec 3): The trade-war ceasefire between the United States and China leaves many booby traps for investors.
December 03, 2018
In print this week
How IoT in agriculture could present new opportunities for investors
SINGAPORE (Nov 16): Earlier this year, Avarga, formerly known as UPP Holdings, said it was acquiring a 23.08% stake in local start-up Archisen for up to $1.5 million in three separate tranches.
November 16, 2018