Friday, October 29, 2010

Golden Agri

Golden Agri: +1.5% at $0.675. A grievance panel of the Roundtable on Sustainable Palm Oil (RSPO) has found "acceptable" GGR and its units' response to environmental concerns, after the company submitted detailed plans for compliance with RSPO guidelines. An initial progress report is scheduled to be received Jan 15, 2011…

GGR, which currently is not a member of the RSPO (although its other two operating subsidiaries are), has been asked to submit a full application for membership by Nov 8.

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