by our momentum algorithm on October 22. Final Friday, the company’s largest shareholder, Supreme Sun Metropolis Sdn Bhd, has ceased to be a substantial shareholder after disposing of 41.4 million shares or 22.three% stake within the company.
KUALA LUMPUR: Property developer Encorp Bhd stands to receive A$6 million (RM18.7 million) below its joint venture (JV), which will help the corporate get better its land price in Perth. RSPO co-chairperson Datuk Carl Bek-Nielson, who can be United Plantations Bhd’s non-independent vice-chairman, mentioned with a purpose to make the sustainable palm oil agenda a success, there needs to be participation of various segments of the society. He added that the United Kingdom, for instance, had declared that more than 90% of its imported palm oil is now licensed as sustainable.
During difficult times, shareholders need returns from their investments. Its total dividend payout in FY15 was 6.5 sen a share, a 4.42% yield, going by the group’s closing worth of RM1.47 yesterday. Because of the change of its monetary 12 months end from June 30 to Dec
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