Weak CPO prices and volatile market bane for fund-raising exercises


TAN Sri Mohd Bakke Salleh has pledged to strengthen Sime Darby Bhd’s balance sheet, but the weak crude palm oil (CPO) selling prices and volatile market condition may limit his fund-raising options.

Given the group’s debts at RM18bil as of its financial year ended June 30, a huge corporate exercise is required.

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Business , Sime Darby , rights

   

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