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5 comment(s). Last comment by Triple 2017-02-07 14:56
Posted by Triple > 2017-02-02 21:53 | Report Abuse
No. They also operate edible oil milling by acquired 2 Indonesian companies.
1) Acquired 51% of PT Serdang Jaya Perdana on 28 September 2015
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4877593
2) Acquired 33% of PT Banyuasin Nusantara Sejahtera on 25 October 2016.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5240577
That's why their profit has jumped significantly since QR which released on 29 February 2016.
http://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=5152
Posted by Triple > 2017-02-02 22:00 | Report Abuse
PT Banyuasin Nusantara will make contribution to MBL's bottom line in next QR.
Posted by tftey > 2017-02-03 17:00 | Report Abuse
Is the subsidiary selling Crude Palm Kernel? Is MBL Benefit from higher Palm Kernel price?
Posted by Triple > 2017-02-07 14:56 | Report Abuse
They process crude palm kernel into edible oil.
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Posted by firehawk > 2017-02-02 21:22 | Report Abuse
thks for sharing ... mbl is new to me. May i ask, for time being, it only making crushing m/c, but not operates oil extracting factory, right?