KUALA LUMPUR: Kulim (M) Bhd expects to record a gain of RM1.56bil from the sale of its 48.97% stake in New Britain Palm Oil Ltd (NBOL) to Sime Darby Bhd.
It said on Thursday it was selling its stake at £7.15 (RM37.47) a share to Sime Darby as there was no superior offer from other parties for its stake.
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