Category: Industry News

Kossan Rubber bounces after EPF ups stake

Shares of Kossan Rubber Industries Bhd rose 23 sen or 3.4% to close at RM7.07, after the Employees Provident Fund (EPF) increased its stake in the glove manufacturer. According to filings with Bursa Malaysia, the EPF currently owns about 42.94…

Rubber’s Potential Left Untapped

Cambodia’s rubber rush burned out quickly. High world rubber prices in 2011 encouraged investors to clear thousands of hectares for rubber plantations, but the price of natural rubber plummeted the following year and has bottomed out at around US$2,000 per…