PETALING JAYA: Kuala Lumpur Kepong Bhd (KLK) will continue to look for merger and acquisition (M&A) targets in the plantation sector to grow its business.
After its unsuccessful RM2.3bil takeover bid of London-listed Indonesian planter MP Evans PLC, a source said KLK is still looking at new ventures with a short-term payback period to further improve its efficiency and productivity.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
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!