KUALA LUMPUR: Sime Darby Plantation Bhd (SD Plantation) offers defensive qualities such as land rich balance sheet and decent gearing, and is a beneficiary of food inflation as edible oils and fats prices have risen substantially compared to a year ago, Kenanga Research said.
The firm expects the supply of the world's leading vegetable oils, palm and soybean to pick up seasonally in the second half (2H) of 2022.
KUDAT (April 5): As of February this year, 69 Sustainable Oil Palm Growers Cooperatives (KPSM) have been established throughout the country, said Deputy Minister of Plantation Industries and Commodities, Datuk Seri Dr Wee Jeck Seng.
“Of this this total, 24 KPSM (smallholders) are in the peninsula, 27 in Sabah and 18 in Sarawak.