Agribusiness
First Resources' net profit plunged 27.2% to $234.8m in FY14
Due to lower palm oil prices.
Accounting fraud allegations “without substance”, says Noble
But the trading halt will not be lifted.
Iceberg unleashes second report on Noble, takes aim at “suspicious” cash flows
Its fair values are fabricated, says the report.
Bumitama’s net profit down 19.8% to $35.23m in 4Q14
Partly due to lower selling price of Crude Palm Oil and Palm Kernel.
Olam’s FY15 profits at risk from heightened currency volatility
Blame it on the ruble and the naira.
Noble slams reports of potential capital raising
It doesn’t need to raise any capital.
Wilmar clinches final regulatory approval for $1.4b Goodman Fielder takeover bid
All it needs now is shareholder approval.
MAS to probe Noble on alleged accounting fraud
Noble "welcomes" the review.
Battered Noble hits back at anonymous detractors
“We did not mislead the market in any way,” asserts Noble.
It’s the Muddy Waters saga all over again for beleaguered Noble Group
Will a white knight come to Noble’s rescue?
Wilmar finally clinches Chinese regulator’s approval for $1.4b Goodman Fielder takeover bid
After a number of delays.
Noble Group vehemently rejects accounting fraud accusations
The group has been hit with a trading query.
GMG Global posts $48.2m loss in FY14 on back of lower rubber prices
Compared to a profit of $5.1m a year ago.
Wilmar's net profit down 12.3% to $1.7b in in FY14
On back of weaker CPO prices.
Olam's net profit down 12% to $118.7m in Q4
Blame it on currency volatility.
Bumitama Agri seals $357m debt deal with six regional banks
The funds will be used to refinance existing loans.
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