Listed fertiliser players like Chemical Company Malaysia and Hap Seng Consolidated may see further possible write downs in stock values as plantation companies are increasingly looking for competitive prices. According to a fertiliser trader, the industry may have to post losses to the tune of hundreds of millions of ringgit as value of most straight and compound fertiliser stocks are still below purchase price. (Malaysian Reserve)
Tuesday, April 7, 2009
CCM, HapSeng facing great losses (ext: CIMB)
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