Sime unit completes NBPOL buy


KUALA LUMPUR: Sime Darby Plantation Sdn Bhd (SDP), a subsidiary of Sime Darby Bhd, has completed the acquisition of New Britain Palm Oil Ltd (NBPOL) and appointed five representatives to the board of NBPOL.

The purchase of NBPOL added 135,000 ha of land in Papua New Guinea, bringing SDP’s total land bank to almost one million ha in five countries.

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Business , Sime Darby , NBPOL

   

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