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MALAYSIA HAS MANY THINGS to be proud of. Among them is definitely furniture. Over the past two decades, Malaysian-made furniture has successfully established a strong reputation of stability in product quality and good value.
The Malaysian furniture industry is export-oriented, with close to 80% of production exported. Export has been growing between 10%- 15% year-on- year over the past 15 years, with the exception of 2001, when depressed global sentiments caused a drop in export value. Furniture export was almost RM7.5 billion in 2006, and over RM8.5 billion in 2007 (see Table 2). Malaysia's export of furniture is expected to grow by 5%-10% annually to hit RM10 billion by 2010 in tandem with global growth.
...To encourage reforestration, the Forest Plantation Development Sdn Bhd has to date approve...
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Cheah Chor Sooi stumbles upon Ipoh as a value-for-money real estate prospect
Mention Ipoh to any seasoned real estate investor and the state capital of Perak is likely to be perceived as a `forbidden city', no thanks to the snail-pace appreciation in investment value compared to neighbouring cities, notably Penang and Kuala Lumpur.
...Good value developments such as The Haven, The Enclave, Parklane @ Bandar ... caves, the waterfalls, the parks, the forest, the hills and the (pomelo) orchards - all of whic...Sprawling over 480 ha of former plantation land, this fully integrated township development b...
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With very little going for IOI Corporation at the moment, upside seems limited. Is it worth a `hold'?
IOI Corp Bhd does not look too sexy to some analysts, for now. They see very few catalysts for the stock, especially on the plantation front, given that crude palm oil (CPO) prices have no reason to rally further as local production recovers.
... endangered wildlife habitat, clearing of forest areas and illegal deforestation. The issues were b... subsidiary of Singapore- listed City Developments Ltd (CDL), for a price of S$114.8 million (RM275.5...
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THANKS TO THE SPECTACULAR RISE IN COMMODITY PRICES, PLANTATION TYCOON TAN SRI LEE SHIN CHENG IS NOW FIRMLY ETCHED IN THE TOP THREE OF MALAYSIA'S RICHEST. From sixth position in last year's ranking, Lee is now Malaysia's third-richest tycoon, edging Tan Sri Quek Leng Chan to fourth place.
Benefiting from strong gains in the price of crude palm oil, Lee's flagship IOI Corporation Bhd has seen its share price rising to RM8 at the point of compiling this list, from RM3.70 a year ago. this means that as at Jan 18, 2008, Lee's wealth had doubled to RM14.94 billion.
... the year, pegged largely on property development projects in Vietnam. More recently, Tan acquired 3...Samling has some four million hectares of forest resources spread across Malaysia, Guyana and New Z...
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AGRI Kembara Sdn Bhd
Address : No.42A, Jalan Badminton 13/29, Tadisma Business Park
... group of people is to indulge in the development of the Malaysian community by helping them to set ... bee known as Apis Dosata dwells in the forests of Padang Terap, Sik and Baling in the vicinity of..., engages in activities which include plantation, processing, refining, marketing, transportation, ...
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] ROBERT KUOK HOCK NIEN, 85 Chairman, KUOK & KERRY GROUP RM26.6 billion LAST YEAR OBVIOUSLY LEFT a bitter taste for the `Sugar King'. His main listed interests - Kerry Properties Ltd and Shangri- La Asia Ltd in Hong Kong, and Malaysian flagship PPB Group Bhd - saw their shares prices slashed by more than half after the rally in the early part of 2008. All were victims of the slump in the global financial markets and resulting economic contraction.
Accordingly, his wealth has declined from RM58.1 billion previously to RM26.6 billion.
..., Lee's upstream and downstream plantation business is a gem while the property business cont... industries including property development, oil rigs, biotechnology and most recently, gaming...With the negative image of the forestry business, son Chee Ming, the public face of the gr...
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ROBERT Kuok Hock Nien, 83
Chairman,
...In terms of corporate developments, AK, as Ananda Krishnan is fondly referred to, had...Besides plantations and oleochemicals, Lee has successfully dabbled in... of close to four million hectares of forest resources in Malaysia, China, Guyana and New Zeala...
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Malayan Banking Bhd Putting the Past Behind THE past year has been less than rosy for the country's largest lender as it grappled with the aftermath of its RM11 billion acquisition spree in 2008 (which included Bank Internasional Indonesia, MCB Bank in Pakistan, and An Binh Bank in Vietnam) - a pricey, and some say dicey, move.
For the fourth quarter ended June 2009, Malayan Banking Bhd (Maybank) reported a net loss of RM1.1 billion - its first quarterly loss since 2001 - pulling down the year's earnings to just RM692 million, its lowest in a decade. Shareholders received a paltry RM0.08 gross dividend per share, more than 80% lower than the previous year's.
... (the private-sector arm of Islamic Development Bank), Cepco (a private investor) and Internationa... yields at its Indonesian oil palm plantations. According to its 2009 annual report, fresh fruit ... issues, as the climate change and forest destruction issues now present new risk factors to...
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WHILE many old hands tend to dominate Malaysia's corporate landscape, free
enterprise prevails. A system that prizes and encourages people who, in
...property developer Fountain View Development Bhd, which took over the. listing status of financcially distressed Plantation & Development Bhd in. November 2003. With a fortun...stake in wood-based Sarawak Forest Products Sdn Bhd (SFP), Perpuluhan Jaya. Sdn Bhd (...
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THE lacklustre performance of the local bourse has taken a toll on the country's richest. Although the total wealth of the MB 40 Richest Malaysians increased marginally over the past year, more individuals in this year's list saw their wealth levels falling. What made the difference is that the wealth of a select few, which had increased substantially, had tilted the balance to the positive.
While the sluggish stock market had generally dampened the paper worth of many individuals on our list, extraordinary circumstances such as a sudden interest in certain industries and the success of some overseas stocks bode well for the few who saw their fortunes rising.
... by RM1.11 billion, mainly a result of plantation stocks enjoying a steady rise the past year, buoye... casualties this year is Fountain View Development Bhd's executive director Datin Yam Yuet Chew, who ... in oil palm plantation and sustainable forestry activities. The company recently announced plans t...