Agribusiness

Sustainable Forest 2010 profit up 24.9% to HK$341.5mn

Group’s revenue from continuing operations surged 229% behind its 20 fold increase in sales of its forestry and timber products business.

Sustainable Forest 2010 profit up 24.9% to HK$341.5mn

Group’s revenue from continuing operations surged 229% behind its 20 fold increase in sales of its forestry and timber products business.

Golden Shield IPO to start on Jun 28

The company proposes global offering of 244,896,000 shares at HK$0.7 per share to raise up to HK$171mn.

Noble Group to expand in India and China

The company is exploring not only Asia but businesses like clean fuels and vegetable oils.

Agriculture and Fisheries committee members appointed

The Government announced a new term of membership of the Advisory Committee on Agriculture and Fisheries.

Pacific Andes second half revenue up 4.9% to HK$4.2bn

The company believes effects of El Nino and La Nina are have dissipated as it expects to be able to fully utilise its quota share.

Hong Kong and Guangdong discuss fish policy

Hong Kong talks about enhancement of liaison and co-operation on fisheries development with the officials of the Chinese province.

Pacific Andes’ operations unaffected by Japan radiation leakage

The group has not sourced any materials and products from Japan in the past three months.

Samling Global second half profit up 33.9% to HK$276.5mn

Sustains growth due to strong demand in China and India markets especially for logs which recorded increased sales volume and selling prices.

Asian Citrus profit up 111.5% to RMB523.4mn

The company increased sales and production volume while further positioning its company to achieve operating synergy in consumer market.

Pacific Andes Resources Development first quarter profit up 11.2% to HK$167.4mn

The net profit of China Fishery, another subsidiary of Pacific Andes, also grew 7.9% to HK$153.7mn.

Pacific Andes profit up 7.4% to HK$1.09bn

The fishing company achieved sustained organic growth momentum across all operations while capturing expansion opportunities.

China Fishery seeks listing on HKSE

Hong Kong listing will allow the company to expand its investor base by facilitating additional institutional and local retail investors in Hong Kong...

Samling appoints Goh York Pooi acting CFO

The previous General Manager (Finance) of the Group was named to replace the late Cheam Dow Toon.

OP Financial strikes deal with China Investment Corporation

Total paid up capital of US$16.5mln received for investment in Kazakhstan Agriculture sector.

Chaoda plans to raise HK$2.76bln via bonds

Also aims to raise HK$1.16bln through sale of 154.84 million shares to expand production.

North Asia Strategic profit up 239% to $7mln

Hi-tech distribution & services division increased 167.7% and 19.8% respectively as Group continues to monitor risks.

Sustainable Forest profit skyrockets to HK$274.3mln

Turnover from forestry operations amounted to HK$263.1 million for the fiscal year ended 31 March 2010.