PETALING JAYA: The Kuala Lumpur-Singapore High Speed Rail (HSR) may boost the valuations of planters’ land bank due to property development potential, according to CIMB Research.
Sime Darby Bhd
, Genting Plantations Bhd (GENP) and Kuala Lumpur Kepong Bhd (KLK) have their own property arm to develop the land but may selectively sell some of the land to unlock value.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
