Sugar news and views

MSM seeks M&As globally with aim to be among top three in sugar industry; The Star Online  26 March 2014; http://www.thestar.com.my/Business/Business-News/2014/03/26/MSM-seeks-MAs-globally-It-aims-to-be-among-top-three-world-players-in-sugar-industry/
Sugar producer MSM Malaysia Holdings Bhd (MSM) is actively seeking out merger and acquisition opportunities around the globe in line with its expansion plans, according to newly-appointed president and group chief executive officer ...

Growing El Nino threat rattles sugar market nerves; Agrimoney.com; 26 March 2014; http://www.agrimoney.com/news/growing-el-nino-threat-rattles-sugar-market-nerves--6913.html
Australia upgraded the likelihood of an El Nino setting in this year as the sugar investors in particular raised concerns over the weather pattern, for the threat it poses to production in Asia and Brazil.

Government's pre-poll sugar sop questioned at WTO; Times of India; 26 March 2014; http://timesofindia.indiatimes.com/business/india-business/Governments-pre-poll-sugar-sop-questioned-at-WTO/articleshow/32700176.cms 
NEW DELHI: The government's pre-election bonanza for the sugar industry has been questioned at the World Trade Organization (WTO), making it the second farm subsidy to face global scrutiny in recent months.

Plantation sector - company news updates

Bumitama issues RM500mil sukuk, The Star Online, 21 March 2014; http://www.thestar.com.my/Business/Business-News/2014/03/21/Bumitama-issues-sukuk/; 
Bumitama Agri Ltd has successfully priced and issued its inaugural RM500mil five-year sukuk issuance under its maiden sukuk ...

CBIP secures RM46m oil mill project in PNG; The Star Online  Updated: Monday March 17, 2014 MYT 6:34:54 PM ; http://www.thestar.com.my/Business/Business-News/2014/03/17/CBIP-secures-RM46m-oil-mill-project-in-PNG/; KUALA LUMPUR: CB Industrial Product Holding Bhd has secured a RM46.01mil contract to build a palm oil mill in Papua New Guinea. It said on ...It said on Monday its unit Modipalm Engineering Sdn. Bhd has received the cotract from from Gilford Ltd, a subsidiary of Rimbunan Hijau (PNG) Group.

CIMB Research sees potential earnings boost from FGV M&A plans; The Star Online Published: Wednesday March 19, 2014 MYT 8:45:00 AM; http://www.thestar.com.my/Business/Investing/2014/03/19/CIMB-Research-sees-potential-earnings-boost-from-FGV-plans/ ; KUALA LUMPUR: CIMB Equities Research continues to advise investors to hang on to their Felda Global Ventures (FGV) shares and ride on the ...

EPF takes contrarian route cutting stakes in plantations in bullish times; The Star Online  17 March 2014; http://www.thestar.com.my/Business/Business-News/2014/03/17/EPF-takes-different-route-It-cuts-stakes-in-plantation-players-in-bullish-times/ ; The fund was also a seller in another big planter, Kuala Lumpur-Kepong Bhd, as it reduced its shares in the Ipoh-based company from 15.8% to ...