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COPYRIGHT 2006 Asia Pulse Pty Ltd
An executive briefing on agribusiness for Nov 28, 2006, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.
REPORT AIDS SHAREHOLDERS' CASE AGAINST AUSTRALIAN WHEAT BOARD
CANBERRA - Lawyers planning a $A60 million ($US46.64 million) shareholder class action against AWB (ASX:AWB) say the Cole report has strengthened their case.
Law firm Maurice Blackburn Cashman is drafting a claim that is expected to be filed in the NSW Supreme Court before the end of this year.
CIMB PROPOSES US$8.5 BLN MERGER OF THREE MALAYSIAN PLANTATION COS
KUALA LUMPUR - CIMB Investment Bank Berhad (CIMB) Monday announced a proposal for the merger of Sime Darby Berhad (KLSE:4197), Golden Hope Plantations Berhad (KLSE:1953) and Kumpulan Guthrie Berhad (KLSE:3131) to create the world's largest listed oil palm plantation player with a total market capitalisation of some RM31 billion (US$8.5 billion).
With total plantation land of about 600,000 ha, the proposed merger could result in the new oil palm plantation entity...
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