It is true that a company may already have a profitable business model or a poor strategy. Felda Global Ventures Holdings BhdEnough has been said about the world’s second-largest palm oil company, Felda Global Ventures Holdings Bhd (FGV). UMW Oil & Gas Corp BhdThe low oil price environment in the last few years has not been kind to UMW Oil & Gas Corp Bhd (UMW-OG). The gradual but continuous increase in oil price is pushing UMW-OG above the waters. This largely depends on the possible strengthening of the crude oil price, apart from UMW-OG’s alternative business strategy to cushion itself from the volatility in the O&G sector.

Source: The Star December 30, 2017 00:33 UTC