The market for palm oil in China is highly price sensitive. Russia currently has 5 RSPO members, 3 of which are processors or traders. Be that as it may, it remains to be seen whether he will be able to crack the whip at a politically charged FGV. Sources say the issues being looked into include the high price paid for Asian Plantations, the large amount of non-plantable land and the former owners for developing about ha of land that Asian Plantations did not own. In , its palm oil imports amounted to approximately 10 million tonnes. As announced on 14 October , the Company's securities will be cancelled from trading on AIM with effect from 11 November This translated into a premium of
Asian Plantations Ltd
The scheme will provide wind power projects selling electricity to the grid with an additional tariff of 0. JSM's now former boss says the Asian property market has flagged, and Passport's interests and those of other investors are best served by a conservative approach. And it is Passport that has taken the honours in this thoroughly dishonourable episode in early sparring. If handing out whatever cash is left on the balance sheet to shareholders is the best way forward, so be it, Passport says. First blood to Passport Regular readers of this column will know all about the increasingly personal spat between the management of JSM Indochina, an Aim-listed property-investment group, and one of its biggest shareholders, the Californian investment fund, Passport Capital. One of Passport's main beefs was that the chief executive, Craig Jones, had broken promises regarding the timing of investments following the company's IPO in , and it was keen that Mr Jones, who describes himself as "just a guy in the pub", left the board.
FGV delists Asian Plantations from UK’s AIM market | Free Malaysia Today
The oil, which is predominantly produced in Malaysia and Indonesia, is used in a whole range of foods, such as bread, biscuits and breakfast cereal. Indian Energy set for boost from extra wind-power tariff Indian Energy, the India-focused renewable-energy group, is likely to get a boost when the Indian Government announces the introduction of the 'Generation Based Incentive' scheme for independent power producers in wind-power projects, which is expected as soon as this week. With strong growth in China and India combined with health concerns surrounding trans-fatty acids in the developed markets, the outlook for the group is exciting. In order to harvest the stuff, vast tracts of rainforest are being chopped down, further endangering the existence of a number of protected species.
Small Talk: Asian Plantations to bring palm oil to Aim
Description: The additional tariff is expected to provide Indian Energy with a "significantly increased" revenue for future projects, the group has said. Asian Plantations, a palm-oil group that hopes to start producing in about a year's time, will list on the Alternative Investment Market Aim today, and says that it is doing all it can to protect the Malaysian environment where it operates, farming only on land designated for agriculture. Joint chief executive Graeme Brown, says that all the money will go into buying new land, adding that, "palm oil is expected to provide up to two-thirds of the growth in worldwide vegetable oil production over the next ten years. And it is Passport that has taken the honours in this thoroughly dishonourable episode in early sparring.