R.E.A. HLDGS

R.E.A. Holdings reported harvests of 245,342 tonnes of FFB and 347,019 tonnes processed for January–May 2026; CPO production was 76,964 tonnes with an improved extraction rate of 22.2%. The decline in harvest volumes is attributed to a replanting programme (700 ha replanting, 1,400 ha new planting). The average selling price for CPO was $859/t and for CPKO $1,738/t. R.E.A. announced the buyback of dollar bonds with a face value of $7.3m as of 30 June, financed by a $20m loan from REA Kaltim, backed by a rupiah loan from Bank Mandiri; the company will also pay a semiannual dividend of 4.5p per preference share on 30 June. » More on de.investing.com

R.E.A. Holdings reports that higher selling prices for crude palm oil (CPO) and crude palm kernel oil (CPKO) compensated for production problems in fiscal 2025 caused by heavy rainfall and reduced planted area. FFB production was 851,785 tonnes; extraction rates remained stable at 22.1% for CPO and 40.1% for CPKO. The company continued replanting and expansion programmes, expects about USD 10 million in costs to renew land titles in 2028–2029, and recorded an annual administration fee loss of roughly USD 50,000 due to 200 hectares in a cooperative located in a forest area. In addition, the quarry produced 187,000 tonnes, and an upgrade of the sand-washing plant is expected to be completed in the first quarter of 2026. » More on de.investing.com

R.E.A. Holdings has appointed Luke Robinow with immediate effect as executive director and group managing director. He succeeds Carol Gysin, who will remain an executive director on a part-time basis and will oversee the London office and administrative activities going forward. Grant Lutz has also been appointed a non-executive director; his appointment comes ahead of the planned withdrawal of three non-executive directors at the annual general meeting in June 2026. » More on de.investing.com